LONDON -- Domino's Pizza Group (ISE: DOM.L) , which now operates pizza stores in the U.K., Republic of Ireland, Germany, and Switzerland, issued an interim management statement for Q3 this morning.
Total sales for all outlets were up 7.9% to 136.4 million pounds, with year-to-date total sales up 10.0% to 424.1 million pounds. Online sales continue to increase significantly, with e-commerce now accounting for 58.4% of U.K. delivered sales, up over 25% on 2011's 45.6%. Mobile sales specifically shot up 46.9%, and now account for 18.5% of total online sales.
At the end of September, the acquisition of Domino's Switzerland was completed, which adds 12 stores, together with the exclusive rights to develop the market in Switzerland, Liechtenstein, and Luxembourg, plus an option to add Austria as a franchise territory, which runs until 2014.
Chief Executive Lance Batchelor commented:
I am pleased to report that Q3 has been another period of growth for Domino's. Our franchisees continue to show demonstrable enthusiasm and commitment to drive the business forward, even in a challenging economic climate. We continue to set ourselves ambitious targets but believe that a great product, supported by exemplary customer service and innovative marketing will deliver strong growth in the years to come.
We approach the fourth quarter, traditionally our strongest trading period, with continued optimism and determination. We have exciting marketing initiatives in place across our markets and we are confident of meeting City consensus earnings for the full year.
Perhaps all the good news was priced in, as Domino's share price has taken a 5.6% tumble at the time of writing. But despite this morning's fall, this morning's statement from Domino's still shows how dynamic companies can become wonderful growth investments. Domino's shares are now worth more than 25 times their 2002 low.
If you're keen to earn similar returns, this free Motley Fool report -- "10 Steps to Making a Million in the Market" -- could help you on your way. The report highlights how choppy markets can still provide the big winners to take you to that magic million.
You can download -- "10 Steps to Making a Million in the Market" for free right now. But hurry, the report is available for a limited time only.
Investing is by no means easy in today's uncertain economy. That's why we've published "Top Sectors of 2012" -- our guide to three favorable industries. This free report will be dispatched immediately to your inbox.
Further Motley Fool investment opportunities:
The article Sales Continue to Rise at This 25-Bagger originally appeared on Fool.com.
Jon Wallis does not own shares in Domino's Pizza.The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.