Domino’s Pizza Group has potential for higher growth as store expansion and volumes are likely to accelerate, Jefferies analysts say in a note after upgrading the stock recommendation to buy. The pizza chain is estimated to increase its yearly store opening to around 70 stores, representing a 5% growth, and could open around 100 new stores in FY 2026, they say. Volume growth is also expected to step up, but the group is likely to keep pricing premium given its greater distribution capabilities and brand presence compared to peers, the analysts add. Jefferies also forecasts returns to shareholders of GBP80 million in FY 2024. Shares are up 4.2% and up 16% on a 12-month basis.