Domino’s sales rise 19% on 2019 but deliveries down in Q3

Domino’s has revealed that its total system sales were up +19.6% in Q3 2022, compared with the same period in 2019.

Its like-for-like system sales (excluding splits and the change in the VAT rate) increased +2.4%, and total orders year-to-date was up +0.7. 

However, Q3 22 total orders were down 1.9% due to a “tough comparator”, with delivery down 12.7%, while, collections were up 28.1% – 5.1% above 2019 levels. 

The company said it expects FY22 EBITDA to be in the range of £125m to £135m, in line with current market expectations. 

Elias Diaz Sese, interim chief executive officer, said: “We continued to take market share and grew underlying sales in the quarter, despite the tough comparator. I’m pleased that we have made a strong start to our important final quarter.

“This has been driven by a focus on service by our franchise partners, our focus on digital, strong national value campaigns, collections growth and the initial benefit of being on the Just Eat platform. We’re looking forward to our busiest weeks of the year with the men’s football World Cup and the festive season to come.”

She added: “First, we Combined with the benefit of recent new store openings and the Just Eat platform roll-out, further product innovation and continued alignment with our franchise partners, we remain confident that our resilient, asset-light business model will deliver market share gains, further financial and strategic progress, and increased returns for our shareholders.”