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Domino's lifts earnings growth forecast

AAP logoAAP 7/11/2016

A Domino's store in Melbourne © AAP Image/Tracey Nearmy A Domino's store in Melbourne Domino's has upgraded its full year profit forecast after strong sales growth that the pizza delivery retailer attributes to its new menu.

The company expects its earnings to grow 30 per cent in the current financial year, up from previous guidance of 25 per cent.

Chief executive Don Meij told shareholders at the group's annual general meeting in Brisbane on Monday that sales were higher than expected in the first months of the year and he attributed the growth to the group's recently launched new menu that includes more premium meat and more side dishes and desserts.

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