Australia's Domino's Pizza Enterprises falls most in 2-1/2 months as veteran CEO retires

Dominos Pizza Enterprises

05/11/2024 24:06

** Shares of Domino's Pizza Enterprises  DMP.AX  fall as
much as 6.2% to A$31.60, their biggest intraday pct loss since
Aug. 22 — if current trend holds 
    ** Domino's Pizza franchise operator says CEO Don Meij will
retire after serving for 22 years as top boss
    ** Co also reports group same-store sales for the first 17
weeks of FY25 at -1.2% vs +2.7% in pcp
    ** Stock hits its lowest level since Sept. 19
    ** Stock down 44.5% YTD, including current session, as of
2322 GMT

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com))