Domino's Pizza confident for current year despite earnings slump.


Domino’s Pizza Group posted a slump in annual profits on Tuesday as a "challenging" consumer backdrop weighed heavily on sales, but said 2026 had got off to a promising start.

Dominos Pizza

Source: Sharecast

The UK fast food chain saw a 1.5% uplift in system sales in the year to 28 December 2025, to £1.6bn, with revenues up 3.1% at £685.4m.

On a like-for-like for basis, however, system sales - which include all sales made by both franchised and corporate stores, excluding VAT - rose by just 0.2%, while like-for-like orders fell 2.3%.

Underlying pre-tax profits slid 15% to £91.2m, while pre-tax profits slumped 35.1% to £81.1m.

Domino’s said the "challenging" consumer backdrop in the UK and Ireland had continued throughout the second half. However, it also flagged "solid" Christmas trading, with momentum carrying into the first nine weeks of the current year.

Nicola Frampton, interim chief executive, said: "We had a good finish to 2025, delivering full-year results in line with guidance…and I’m pleased with the strong momentum we are carrying into 2026.

"In 2026, we are focused on strengthening our core business and driving disciplined execution across the organisation."

Annual underlying earnings before interest, tax, depreciation and amortisation were tracking in line with current market expectations, the chain added.

As at 0830 GMT, the FTSE 250 stock had jumped 4% at 193.8p.

Katie Cousins, equity research analyst at Shore Capital, said: "The group remains at a discount to peers and other global Domino peers. Furthermore, we believe areas such as loyalty and leveraging the strong brand awareness present growth opportunities over the medium term.

"However, our ‘hold’ stance reflects caution over earnings visibility during a period of change of management and ongoing consumer backdrop headwinds."

Domino’s holds the master franchise agreement from America’s Domino’s Group to own, operate and franchise branded outlets in the UK and Ireland. It currently has around 1,400 stores. Chief operations officer Frampton took over as interim chief executive in November, after former incumbent Andrew Rennie stepped down following two years at the helm.


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