Domino’s full-year results fell in line with expectations, following a "solid finish" over the Christmas trading period, it said.

The takeaway pizza chain recorded a 3.1% year-on-year increase in revenue, totalling £685.4m in the year to 31 December due to a rise in corporate stores revenue offset by a 0.9% decrease in total orders, while its system sales jumped by 1.5% to just over £1.59bn.

However, in this period, its underlying profit before tax fell by 15% to £91.2m, while its earnings dropped by 6.6% to £133.9m, which was in line with guidance.

Domino’s said that this fall in earnings was due to lower supply chain volumes in a "challenging" second half of the year, as well as the impact of investment in skills and capabilities.

Across the year, Domino’s opened 31 new stores, which is slightly ahead of revised expectations, while its net debt totalled £284.6m.

Interim chief executive officer at Domino’s, Nicola Frampton, stated: "We had a good finish to 2025, delivering full year results that were in line with guidance. I'm grateful to our colleagues and franchisees for their focus and hard work to deliver this outcome, and I'm pleased with the strong momentum we are carrying into 2026.

"In 2026, we are focused on strengthening our core business and driving disciplined execution across the organisation. In particular, we are excited about a number of strategic and operational initiatives to drive sustainable growth, including: the successful system-wide launch of CHICK 'N' DIP; a strong pipeline of wider product innovation; the development of our loyalty program and continued enhancements to our industry-leading supply chain.

"These initiatives, combined with Domino's exceptional brand and strong market position, give me great confidence in our ability to create further value for our customers, franchise partners and shareholders."

In its outlook for the year, Domino’s said its earnings for the current year are in line with expectations, while its new store openings are expected to be around the same level as 2025.

Furthermore, Domino’s added that the positive momentum experienced over the Christmas period has continued into the first nine weeks of 2026.

Following the update, shares in Domino’s increased by just over 1%, as investment director at AJ Bell, Russ Mould, described the results as "half-baked".

He concluded: "These results signal a business in a state of flux. Consumer tastes are changing, both in terms of what they eat and portion size. A greasy slice of pizza no longer cuts the mustard for health-conscious individuals, so Domino’s is having to adapt to survive.

"On the face of it, Domino’s should be doing incredibly well. It has millions of customers who order more than four times a year on average. The brand is well known, it has an efficient delivery service, and the business makes decent money. What’s troubling is the loss of momentum in recent years. It is running hard just to stand still.

"Management strikes an optimistic tone, but a 35% decline in the share price over the past 12 months shows that investors aren’t happy. The stock saw a small jump on the latest numbers as there were nuggets of good news, but overall Domino’s still isn’t at the point where the market is fully convinced it has a much brighter future."

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