Domino’s Pizza suspends dividend despite rise in delivery sales

Mar 28, 2020 8:25 PM ET

Domino’s Pizza has also suspended its dividend today, despite seeing a pick-up in demand from people ordering home deliveries.

In the last week, UK trading has accelerated, with the growth in delivery more than offsetting the lack of collection sales, it told the City.

CEO David Wild says Domino’s is being cautious, having closed its stores to help with coronavirus isolation measures.

“The safety of our colleagues and customers is always our top priority, so we’ve strengthened our already high hygiene standards, rolled out contact free delivery and switched to delivery only to ensure we can confidently serve the public. We are also looking to recruit additional store colleagues and delivery drivers,” he said.

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