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.
Working as an ingredients supplier for Dominos I can say last...
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Last
$34.53 |
Change
-0.920(2.60%) |
Mkt cap ! $3.206B | |||
| Open | High | Low | Value | Volume |
| $35.35 | $35.35 | $34.45 | $1.822M | 52.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 105 | $34.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.53 | 21 | 2 |
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| Last trade - 11.17am 01/10/2024 (20 minute delay) ? |
| DMP (ASX) Chart |