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BUSINESS

UK’s Domino’s Pizza Sales Decline as Higher Taxes Hit Demand

Overall system sales in Q3 dropped 8.3 per cent to 344.7 million pounds.

On Thursday, Domino’s Pizza (NYSE:DPZ) Group Plc said third-quarter sales across its stores in the UK and Ireland dropped as demand was hit by higher taxes. Also, fewer people ordered in amid a lack of big-ticket events. However, excluding VAT rates, like-for-like sales increased by 2.4 per cent, while overall sales were still above pre-pandemic levels.

The company, a US-based Domino’s Pizza Inc franchisee, restated its full-year core profit expectation of 125 million pounds to 135 million pounds (USD 142.3 million to USD 153.6 million) after sales increased in the first six weeks of Q4.

The company added that its initial rollout partly buoyed current-quarter sales on the food delivery platform Just Eat, which would now be widely available. Also, the London-listed firm announced a share buyback of 20 million pounds. Reportedly, it had exercised the option to sell its investment in Germany and improve its cash position.

Reportedly, overall system sales in Q3 dropped 8.3 per cent to 344.7 million pounds.

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LUPINMARKET OUTLOOKSTOCK OUTLOOK

Lupin Outlook for the Week (June 03, 2024 – June 07, 2024)

CRON USER
Lupin
Lupin closed the previous week on a negative note losing 4.62%.

Technically, Lupin share price will see immediate support at 1,553.83 and immediate resistance would be seen at 1,629.93.

If Lupin share price closes below immediate support of 1,553.83, then sharp breakdown can be seen. Lupin share price will see major support at 1,525.12 for the week.

1740.001740.001720.001720.001700.001700.001680.001680.001660.001660.001640.001640.001620.001620.001600.001600.001580.001580.001560.001560.001540.001540.00Apr 19Apr 19Apr 24Apr 24Apr 29Apr 29May 3May 3May 8May 8May 13May 13May 16May 16May 21May 21May 24May 24May 29May 29Reversal Level 1636.19BuyBuySellSell

On the positive side, immediate resistance will be seen at 1,629.93. Closing above 1,629.93, Lupin share price will see a sharp breakout. Major resistance for Lupin share price will be seen at 1,677.32 for the week.

Trading range for Lupin share price for this week should be between 1,477.73 on down side and 1,706.03 on up side.

Lupin Previous Week High: 1648.6

Lupin Previous Week Low: 1572.5

Lupin Previous Week Range: 76.1 Points

Lupin share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type Value
Resistance 3 1,706.03
Resistance 2 1,677.32
Resistance 1 1,629.93
Support 1 1,553.83
Support 2 1,525.12
Support 3 1,477.73
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LUPINMARKET OUTLOOKSTOCK OUTLOOK

Lupin Outlook for the Week (May 27, 2024 – May 31, 2024)

CRON USER
Lupin
Lupin closed the previous week on a negative note losing 7.92%.

Technically, Lupin share price will see immediate support at 1,561.00 and immediate resistance would be seen at 1,697.85.

If Lupin share price closes below immediate support of 1,561.00, then sharp breakdown can be seen. Lupin share price will see major support at 1,507.65 for the week.

1740.001740.001720.001720.001700.001700.001680.001680.001660.001660.001640.001640.001620.001620.001600.001600.001580.001580.001560.001560.001540.001540.00Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30May 6May 6May 9May 9May 14May 14May 17May 17May 22May 22Reversal Level 1681.14BuyBuySellSell

On the positive side, immediate resistance will be seen at 1,697.85. Closing above 1,697.85, Lupin share price will see a sharp breakout. Major resistance for Lupin share price will be seen at 1,781.35 for the week.

Trading range for Lupin share price for this week should be between 1,424.15 on down side and 1,834.70 on up side.

Lupin Previous Week High: 1728

Lupin Previous Week Low: 1591.15

Lupin Previous Week Range: 136.85 Points

Lupin share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 1,834.70
Resistance 2 1,781.35
Resistance 1 1,697.85
Support 1 1,561.00
Support 2 1,507.65
Support 3 1,424.15
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LUPINMARKET OUTLOOKSTOCK OUTLOOK

Lupin Outlook for the Week (May 20, 2024 – May 24, 2024)

CRON USER
Lupin
Lupin closed the previous week on a negative note losing 5.54%.

Technically, Lupin share price will see immediate support at 1,604.50 and immediate resistance would be seen at 1,698.50.

If Lupin share price closes below immediate support of 1,604.50, then sharp breakdown can be seen. Lupin share price will see major support at 1,557.25 for the week.

1700.001700.001680.001680.001660.001660.001640.001640.001620.001620.001600.001600.001580.001580.001560.001560.001540.001540.00Apr 3Apr 3Apr 8Apr 8Apr 12Apr 12Apr 18Apr 18Apr 23Apr 23Apr 26Apr 26May 2May 2May 7May 7May 10May 10May 15May 15Reversal Level 1621.74BuyBuySellSell

On the positive side, immediate resistance will be seen at 1,698.50. Closing above 1,698.50, Lupin share price will see a sharp breakout. Major resistance for Lupin share price will be seen at 1,745.25 for the week.

Trading range for Lupin share price for this week should be between 1,510.50 on down side and 1,792.50 on up side.

Lupin Previous Week High: 1698

Lupin Previous Week Low: 1604

Lupin Previous Week Range: 94 Points

Lupin share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 1,792.50
Resistance 2 1,745.25
Resistance 1 1,698.50
Support 1 1,604.50
Support 2 1,557.25
Support 3 1,510.50
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LUPINMARKET OUTLOOKSTOCK OUTLOOK

Lupin Outlook for the Week (May 13, 2024 – May 17, 2024)

CRON USER
Lupin
Lupin closed the previous week on a negative note losing 7.53%.

Technically, Lupin share price will see immediate support at 1,550.03 and immediate resistance would be seen at 1,677.03.

If Lupin share price closes below immediate support of 1,550.03, then sharp breakdown can be seen. Lupin share price will see major support at 1,491.52 for the week.

1700.001700.001680.001680.001660.001660.001640.001640.001620.001620.001600.001600.001580.001580.001560.001560.001540.001540.00Mar 26Mar 26Apr 1Apr 1Apr 4Apr 4Apr 9Apr 9Apr 15Apr 15Apr 19Apr 19Apr 24Apr 24Apr 29Apr 29May 3May 3May 8May 8Reversal Level 1643.27BuyBuySellSell

On the positive side, immediate resistance will be seen at 1,677.03. Closing above 1,677.03, Lupin share price will see a sharp breakout. Major resistance for Lupin share price will be seen at 1,745.52 for the week.

Trading range for Lupin share price for this week should be between 1,423.03 on down side and 1,804.03 on up side.

Lupin Previous Week High: 1687

Lupin Previous Week Low: 1560

Lupin Previous Week Range: 127 Points

Lupin share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 1,804.03
Resistance 2 1,745.52
Resistance 1 1,677.03
Support 1 1,550.03
Support 2 1,491.52
Support 3 1,423.03
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LUPINMARKET OUTLOOKSTOCK OUTLOOK

Lupin Outlook for the Week (May 06, 2024 – May 10, 2024)

CRON USER
Lupin
Lupin closed the previous week on a negative note losing 4.19%.

Technically, Lupin share price will see immediate support at 1,617.13 and immediate resistance would be seen at 1,687.68.

If Lupin share price closes below immediate support of 1,617.13, then sharp breakdown can be seen. Lupin share price will see major support at 1,579.52 for the week.

1700.001700.001680.001680.001660.001660.001640.001640.001620.001620.001600.001600.001580.001580.001560.001560.001540.001540.00Mar 18Mar 18Mar 21Mar 21Mar 27Mar 27Apr 2Apr 2Apr 5Apr 5Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30Reversal Level 1629.59BuyBuySell

On the positive side, immediate resistance will be seen at 1,687.68. Closing above 1,687.68, Lupin share price will see a sharp breakout. Major resistance for Lupin share price will be seen at 1,720.62 for the week.

Trading range for Lupin share price for this week should be between 1,546.58 on down side and 1,758.23 on up side.

Lupin Previous Week High: 1683

Lupin Previous Week Low: 1612.45

Lupin Previous Week Range: 70.55 Points

Lupin share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 1,758.23
Resistance 2 1,720.62
Resistance 1 1,687.68
Support 1 1,617.13
Support 2 1,579.52
Support 3 1,546.58
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