Domino's sinks again not long after Group CEO quits out of blue
Takeaway staple Domino’s Pizza (ASX
MP) has once again sunk on its latest earnings update, this time for FY25, not too long after the Group CEO ditched the company, following in the footsteps of regional CEOs.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Then there’s the issue that statutory NPAT came in at a loss.
For those with a memory spanning four weeks, Domino’s in that regard is looking a lot like Boss Energy right now, after Duncan Craib threw himself overboard right before the ship hit the rocks of a production guidance downgrade.
Wednesday’s unfortunate share price move puts the company’s YTD returns down nearly -47% at around 1.45am AEST, despite five brokers rating the stock a buy according to publicly available data.
As for why the company’s tanking, it’s more of the same from recent history. The company had to shut down a slew of shops across Europe and Asia and is now undertaking a “Strategic Reset.” Note the stock is talking about a “Reset” and not a “Review.” Dividends, too, are unfranked – make of that what you will, in the face of a dividend reinvestment plan from the company, too.
Pressures in France and Japan continue for the company, and while DMP pointed to strength in Germany, Southeast Asia and Australia, investors were more likely to take a close look at profits after tax more than anything else.
Notably, a dividend payment – which can often help larger companies win back shareholder support even if results aren’t great – hasn’t been enough to save sentiment.
If anybody is looking for a cheap slice of the action on Wednesday, that hasn’t yet become apparent.
DMP last traded at $15.70/sh.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
Domino's sinks again not long after Group CEO quits out of blue
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$14.12 |
Change
-0.400(2.75%) |
Mkt cap ! $1.333B | |||
| Open | High | Low | Value | Volume |
| $14.40 | $14.47 | $14.12 | $15.10M | 1.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2560 | $14.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.20 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2025 (20 minute delay) ? |
| DMP (ASX) Chart |