Working as an ingredients supplier for Dominos I can say last year was the worst I have seen for franchisees abandoning their businesses and handing back keys, but these were marginal stores.
This year sales are obviously down on what I would say is normal trading, but I am heavily invested. Why? Because I think these state 3 tax cuts will help with the cost of living and disposable income for takeaways purchases. Also just looking around my area at independents that have gone under as well I think Dominos will pick up market share.
As for sales abroad I have no idea on other countries. I assume other governments will be pushing through cost of living relief packages as well as interest cuts.
Ann: Business Update and FY25 Outlook, page-83
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Last
$33.73 |
Change
0.610(1.84%) |
Mkt cap ! $3.067B | |||
| Open | High | Low | Value | Volume |
| $33.22 | $34.11 | $33.20 | $24.32M | 719.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 152 | $33.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.74 | 155 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| DMP (ASX) Chart |