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DMP Dominos Pizza Enterprises News Story

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Domino's Australian franchise operator posts bleak start to second half; shares plunge

Feb 25 (Reuters) - Australia's Domino's Pizza Enterprises DMP.AX reported a sharp drop in early second-half same-store-sales growth on Wednesday, due to severe weather conditions in Germany and Netherlands, triggering a 15% share slide.

The company posted a negative same-store-sales growth of 7.2% in the first eight weeks of the second half, compared with Visible Alpha estimate of 0.2% growth decline for the six months.

 (Reporting by Sneha Kumar in Bengaluru; Editing by Sumana Nandy)

 ((Sneha.Kumar@thomsonreuters.com;))

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