Domino’s Pizza half-year profits slip despite sales rise
Domino’s Pizza’s profits dropped in the first half, as the takeaway retailer switched to delivery-only amid the coronavirus pandemic.
The pizza chain’s pre-tax profits were down 4.6% to £48m in the 26 weeks to June 28, as it dealt with “unprecedented times”.
UK and Ireland sales increased 5.5% to £629m, as like-for-like sales increased 4.8%.
Domino’s switched off its collection option during the lockdown to help keep customers safe, which triggered an 87% plummet in collection orders for the second quarter, while delivery orders grew by 22%.
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