Domino's has reported a surge in orders, outpacing market trends, and anticipates that Trump tariffs will not significantly affect its operations.
The company's shares saw a slight decline of just over one per cent in early trading, as reported by .
In the first quarter of 2025, Domino's total sales increased by 2.1 per cent to £393.3m, up from £385.2m in the previous year, while total orders edged up by 0.5 per cent to 17.8m, compared to 17.7m in 2024.
CEO Andrew Rennie expressed confidence in the face of Trump's tariffs, stating the company foresees "minimal impact."
Rennie elaborated on the company's position, saying, "We continue to assess any indirect impacts on our supply chain, monitor the broader environment going forward and our full year expectations remain unchanged."
The pizza giant also highlighted the progress of its loyalty programme trial, which is currently in its second phase and aims for a complete launch by August 2026.
With 26 new stores either under construction or approved for planning, Domino's is set to increase its store count to 1,401.
Despite the "uncertain environment," the company is on track to open 50 new stores during the 2025 financial year.
Rennie further commented on the company's performance: "Our focused operational strategy returned the Domino's system to growth in the second half of last year and growth has continued in 2025."
He added, "During the first quarter Domino's market share has strengthened, our franchise partners have driven further improvements in delivery times and we continue to focus on giving our customers compelling value.
"Looking ahead, whilst the market and consumer environment has become more uncertain since our FY results, we remain confident that our ongoing strategic initiatives, store opening pipeline and collaboration with our franchise partners will allow us to continue to win market share."
Analysts at Panmure Liberum have given the stock a 'buy' rating.
"Strong upbeat with sales growth, LFL sales, order growth all continuing at the same pace as announced at the prelims from early March. This update should provide further confidence that the strategy is delivering growth and market share gains in what remains a touch[y] environment... the valuation remains too cheap for such a high-quality asset."
The analysts also highlighted that Domino's order growth of 0.5 per cent is "in stark contrast" to Just Eat, which reported a four per cent drop in the first quarter.
