
Britain’s Domino’s Pizza Group has reaffirmed its annual earnings forecast while announcing a £20 million ($27 million) share buyback programme on Monday. The company recently lowered its 2025 core profit guidance to between £130 million and £140 million, down from the earlier forecast of £141 million to £150 million, citing rising costs and subdued consumer demand.
UK consumers have been tightening their budgets amid persistent inflation, unpredictable weather, and higher prices as companies pass on additional costs. Domino’s CEO Andrew Rennie said in August that the company would raise prices to help offset increasing wage bills and higher National Insurance contributions.
Despite these challenges, analysts at Peel Hunt remain optimistic, expecting Domino’s like-for-like sales to recover next year. They point to the benefits of the company’s loyalty programme expansion, the FIFA World Cup, and improved weather conditions as potential drivers of growth.
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