Soggy Weather Boosts UK’s Domino’s Pizza

“We must be one of the few people every day who come in and do rain dances at work, we love the rain because it keeps people in their homes,” Domino’s Chief Financial Officer, Lee Ginsberg, told Reuters.

 

“But it’s not just the weather, we did launch some very successful products … and Euro 2012 helped our business as well,” he said.

 

The company, which operates the British, Irish and German franchises of the global delivery brand, said on Monday profit before tax for the six months through June rose 13.2 percent to 21.5 million pounds ($33.6 million),” according to Reuters.

 

Domino’s is one of the few companies to thrive in Britain’s soggy summer, which has hit sales and profits at retailers such as Kingfisher (KGF.L) and JJB Sports (JJB.L) amid an already difficult retailing climate.

 

Online sales rose 43.3 percent over the six months to 121.2 million pounds, and now account for more than half of delivered orders in the UK, Domino’s said.”