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By Geoffrey Smith
Investing.com -- Shares in U.K.-based Domino's Pizza Group (LON
OM) fell sharply on Thursday after the company warned of higher depreciation costs and an end to cash flows from its German affiliate this year.
The news overshadowed a strong fourth quarter for the group, which posted record sales thanks in part to the FIFA World Cup. It also overshadowed what the group said was a strong start to 2023, with like-for-like system sales excluding split stores and VAT up 10.8% in t...
>>> Read more: Domino's UK falls as amortization hit overshadows strong start to 2023
Investing.com -- Shares in U.K.-based Domino's Pizza Group (LON
OM) fell sharply on Thursday after the company warned of higher depreciation costs and an end to cash flows from its German affiliate this year.The news overshadowed a strong fourth quarter for the group, which posted record sales thanks in part to the FIFA World Cup. It also overshadowed what the group said was a strong start to 2023, with like-for-like system sales excluding split stores and VAT up 10.8% in t...
>>> Read more: Domino's UK falls as amortization hit overshadows strong start to 2023
