DMP 6.26% $31.60 domino's pizza enterprises limited

News: DMP Domino's Pizza Enterprises Will Close Up To 80 Low Volume Stores Following Review In...

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    July 17 (Reuters) - Domino's Pizza Enterprises Ltd (DMP) :

    • WILL CLOSE UP TO 80 (NOT 802) LOW VOLUME STORES FOLLOWING REVIEW IN JAPAN
    • EXPECTS A RETURN TO POSITIVE SAME STORE SALES IN JAPAN IN FY25
    • SEES STORE GROWTH TO BE FLAT TO SLIGHTLY POSITIVE IN FY25, STEPPING UP TO 3-4% (NET GROWTH) IN FY26
    • DOMINO’S WILL CLOSE UP TO 80 LOW VOLUME STORES IN JAPAN
    • BOTH FY25 AND FY26 STORE OPENINGS ARE BELOW 3-5 YEAR OUTLOOK OF +7-9% NEW STORE OPENINGS
    • MEDIUM-TERM SAME STORE SALES OUTLOOK OF 3-6% ACROSS GROUP IS UNCHANGED
    • DOMINO’S FRANCE ANTICIPATES TARGETING A NET 10-20 STORE REDUCTION IN FY25
    • CONTINUES TO BELIEVE LONG-TERM OUTLOOKS FOR ITS MARKETS REMAINS APPROPRIATE

    (([email protected];))

 
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