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Domino's sets out bullish growth targets

The shares slipped on results day due to weak January trading, but expansion plans are very much on the menu
March 12, 2024
  • Dividend increased
  • Acquired franchisee with shares

Domino's (DOM) shares were marked down as it disclosed that a tough start to the year means that first-quarter orders and like-for-like sales growth are likely to go backwards, but the pizza delivery merchant confirmed bullish new growth targets and acquired a franchisee at a nice valuation after delivering a solid uptick in annual revenue and profit. 

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