With sales growth in Domino’s Pizza's (DOM) core UK market having been in decline for some time, investors have been putting much hope in the delivery pizza company’s expansion in Germany.
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So news that corporate stores in the fledgling German operation were performing less well than hoped sent the shares plummeting by 7 per cent. Meanwhile news of better than expected 6.1 per cent like-for-like sales growth in the UK in the second quarter could not offset the disappointment.