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Evening Standard
Evening Standard
Business
Jonathan Prynn

Domino's Pizza shares slump in "tougher" market amid soggy consumer demand and rising costs

A record breaking Valentine’s Day for orders of the likes of Pepperoni Passion and Hot & Spicy toppings could not save Domino’s Pizza from limp sales and falling profits as even demand for takeaways felt the squeeze from jaded consumers.

The shares slumped by almost a fifth as boss Andrew Rennie said : “There’s no getting away from the fact that the market has become tougher both for us and our franchisees.”

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