DMP 0.62% $33.52 domino's pizza enterprises limited

Working as an ingredients supplier for Dominos I can say last...

  1. 74 Posts.
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    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.
 
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