Domino's Pizza Group PLC (OTCPK:DMPZF)
$ 4.1 0 (0%) Market Cap: 1.72 Bil Enterprise Value: 2.30 Bil PE Ratio: 11.95 PB Ratio: 0 GF Score: 90/100
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Q3 2019 Domino's Pizza Group PLC Trading Statement Call Transcript

Oct 17, 2019 / 07:30AM GMT
Release Date Price: $3.37
David James Wild;s Pizza Group plc;CEO;Executive Director
Domino

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Good morning, everybody. Thank you very much for joining our call. As Jordan said, I'm with David Bauernfeind; and we also have Bethany Barnes, our Head of IR, on the call as well.

We don't normally have a call at the Q3. But this year, we are announcing a change of strategy for our international business, and we therefore felt it would be appropriate to have the call. I'll make a few comments about both our U.K. and Ireland performance and our decision in international and will then be happy to take your questions.

We had a solid performance in the U.K. and Ireland in the third quarter, with system sales up 3.9% on the back of a U.K. like-for-like performance of 3%. We opened 12 stores in Q3 in U.K./ROI, 9 in the U.K., 1 of which was corporate; and 3 in Ireland. And we also opened another one since the end of the quarter in the U.K. This adds to the 7 that we opened in H1.

The U.K. and Ireland performance is influenced by a few different factors. As you'll

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