Domino’s Pizza has announced plans to open more than 50 new stores across the UK and Ireland in 2025 as part of it latest expansion plans.
The latest move follows the pizza chain’s successful return to delivery growth in 2024 with London-listed company opening 54 stores last year.
The popular fast food restaurant reported a 8.4 per cent rise in underlying pre-tax profits to £107.3million on a 52-week comparable basis.
Adjusted like-for-like system sales edged up by 0.7 per cent thanks to improved trading over the year.
In the final three months of 2024, like-for-like sales rose by three per cent, showing accelerating momentum.
Do you have a money story you’d like to share? Get in touch by emailing money@gbnews.uk.
Domino’s is planning to open 50 stores in the UK this year
PA
On a statutory basis, pre-tax profits fell to £124.9million in the 52 weeks to December 29, down from £142.3m for the 53-week period in 2023.
Delivery orders returned to growth, up 2.4 per cent over the full year, while collection orders increased by 0.5 per cent.
The company reported that sales have continued to rise in the first 10 weeks of 2025, with system sales up 2.4 per cent and like-for-like sales remaining 0.7 per cent higher.
Despite cautioning over an “uncertain economic environment”, Domino’s remains on track to meet analyst expectations.
The group expects underlying earnings to lift to £146.4m in 2025, up from £143.4m reported last year, which was 6.4 per cent higher than 2023.
In a statement, Domino’s said: “2024 was the year when we returned delivery to growth, and in the current environment we see an opportunity to drive further growth in collection orders in 2025 through value-based marketing campaigns.”
The company has outlined several initiatives to boost growth this year.
These include the next phase of its loyalty programme trial and new menu innovations.
Andrew Rennie, chief executive of Domino’s, said the firm’s “trading momentum accelerated as the year progressed”.
He added that “2025 has started positively in an uncertain market”.
LATEST DEVELOPMENTS:
The group has named Ian Bull as its new chairman, replacing Matt Shattock who steps down in April.
Bull brings significant industry experience to the role, having previously served as chief financial officer at pub and brewer Greene King.
The new chairman of Domino’s has also held the same position at betting giant Ladbrokes.
This latest expansion from the fast food chain comes amid a flood of store closures that have decimated Britain’s high streets.
