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Domino's Pizza – delivery sales more than offsetting lack of collection sales… so why the share price fall?

By Steve Moore | Wednesday 17 June 2020

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Leading UK and Ireland pizza group Domino's (DOM) has updated including noting “trading in the period prior to the lockdown was robust” and that since “increase in sales from delivery more than offset the lack of sales from collection” – the shares are though currently more than 7% lower, heading towards 300p. Hmmm...

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