Australia's Domino's Pizza Enterprises falls on surprise HY statutory loss

Dominos Pizza Enterprises

25/02/2025 24:02

** Shares of Domino's Pizza Enterprises  DMP.AX  fall as
much as 8.8% to A$29.440, their biggest intraday drop since
early-November
    ** Pizza maker posts HY statutory loss attributable A$22.2
million ($14.08 million) vs consensus estimates of A$27.1
million profit
    ** Posts HY same-store sales decline of 0.6% vs growth of
1.3% last year
    ** Says group same-store sales in first 7 weeks of H2 up
1.5% - a slowdown from 4.3% growth co reported for first 5 weeks
    ** Stock among the top five worst performers on ASX 200
benchmark index  .AXJO 
    ** As of last close, stock was up 9.6% YTD


($1 = 1.5768 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))