Heat may be to blame for lagging Swiss Dominos sales
July 13, 2011
Global Brands, the company that owns the Domino's Pizza franchise in Switzerland, Luxembourg and Liechtenstein, saw sales in the first half of 2011 rise by 15.4 percent over the same period last year. However, the half-year revenue rise to 7.7m Swiss Francs (CHF) masked a disappointing second quarter, according to ShareCast.
"While the second quarter sales performance was a little disappointing, we believe that this was primarily due to unseasonal (hot) weather conditions and the business remains capable of significant growth," said Chief Executive Bruce Vandenberg.