Domino’s reveals sales growth slowdown

DOMINO’S Pizza revealed a further slowdown in sales growth after a double-digit plunge in Ireland offset gains in Britain.

The company said like-for-like sales in its 48 stores in the 26 counties reduced by 10.5% in the 13 weeks to March 27, while its stores in Britain saw sales increase by 5.5%.

Domino’s shares dropped 8% after the group, which has 672 stores in Britain and Ireland, said overall like-for-like sales growth had fallen to 4.2% from 10.5% a year ago.