Domino’s higher quarterly sales flags impairment charges

FILE PHOTO: A Domino's Pizza restaurant is seen in Los Angeles, California, U.S. July 18, 2018. REUTERS/Lucy Nicholson

On Wednesday, British pizza delivery company Domino’s reported a spike in its fourth-quarter group system sales due to higher demand in UK and Ireland, with warnings of expecting significant impairment charges for 2019.

Domino’s Pizza is seeking out buyers for its international operations. The company said that its group systems sales rose 3.7% to an amount of 352 million pounds in the fourth quarter which drew to a close on January 29th.

(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.

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