Trading Update
January 08 2004 - 1:00AM
UK Regulatory
RNS Number:9780T
Domino's Pizza UK & IRL PLC
08 January 2004
Immediate Release 8 January 2004
Domino's Pizza UK & IRL plc
Pizza Delivery Leader Announces Sales Increase And Expansion Success
Domino's Pizza UK & IRL plc ("the Company" or "Domino's") announces
like-for-like sales increases of 4.7% for the five weeks to 28 December 2003
(2002: 6.3%).
Average weekly unit sales for the Company's stores hit an all-time record in the
penultimate week of the financial year.
The Company also announces that its target to open 50 new stores in a single
year was achieved in 2003, bringing the year-end store count to 318. This record
rate of expansion compares with 34 store openings in 2002 and 24 in 2001.
Preliminary results for the year ended 28 December 2003 will be announced in
February 2004.
Stephen Hemsley, Chief Executive of Domino's Pizza, commented, "I am delighted
that we achieved our target of opening 50 stores in the year. Successfully
handling this roll-out is further evidence of the strength and experience of our
corporate and franchise teams. The continuation of this aggressive roll-out
allows us to leverage further our now relatively fixed cost base.
Sales performance was good in the run up to Christmas and we are particularly
pleased that a weekly sales record was achieved during the period.
It continues to be an exciting time in the pizza delivery world and our focus
now is on strengthening Domino's leading position by providing more customers
in more towns with high quality, fresh pizza and a great delivery service."
ENDS
For further information, please contact: Bernadette Eddisford, Domino's Pizza,
on 07909 928016
or Isabel Petre/Catherine Miles, Buchanan Communications, on 020 7466 5000.
Notes to Editors:
* Domino's Pizza UK & IRL plc is quoted on the Alternative Investment Market
of the London Stock Exchange (symbol: DOM). Its subsidiary, Domino's Pizza
Group Limited, is the UK's leading pizza delivery company and holds the
exclusive master franchise to own, operate and franchise Domino's Pizza
stores in the UK and Ireland.
* Founded in 1960, Domino's Pizza, the recognised world leader in pizza
delivery, operates a network of over 7,000 company-owned and franchised
stores in the United States and more than 50 international markets.
Domino's is committed to leading the industry in product quality and
operational excellence.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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