DMP OutlookOne thing that is likely to be giving the Domino's...

DMP Outlook

One thing that is likely to be giving the Domino's share price a lift today is management's outlook commentary.

It notes that recent trading has demonstrated Domino's successful approaches in one market have applications across multiple markets.

For the first seven weeks of the second half, its same store sales growth is as follows:

• ANZ up 8.39%
• Europe down 0.64%
• Asia up 0.34%

In respect to the Asia market, same store sales are now positive in the troubled Japan business (+6.7%). This could be a sign that the company has managed to turn around its fortunes at last.

Mr Meij concludes:

As we work to serve our customers across different countries, cultures and taste preferences, our customers share a common desire for high quality meals, delivered fast, at an affordable price. We believe Domino's is well placed for this future, and we will work hard to deliver.