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By Shanima A
(Reuters) -Britain's Domino's Pizza reported a 16% fall in first-half pretax profit on Tuesday, following rising costs and food inflation, and said it was increasing its media spend in the second half to try to lure more customers.
Shares of the midcap firm, which have lost more than 30% in value so far this year, were 1.9% lower at 0953 GMT, underperforming the wider index.
The conflict between Russia and Ukraine, two major grain exporters, has driven up global wheat prices and ...
>>> Read more: UK's Domino's pizza says inflation took bite out of profits
(Reuters) -Britain's Domino's Pizza reported a 16% fall in first-half pretax profit on Tuesday, following rising costs and food inflation, and said it was increasing its media spend in the second half to try to lure more customers.
Shares of the midcap firm, which have lost more than 30% in value so far this year, were 1.9% lower at 0953 GMT, underperforming the wider index.
The conflict between Russia and Ukraine, two major grain exporters, has driven up global wheat prices and ...
>>> Read more: UK's Domino's pizza says inflation took bite out of profits
