06/11/2024 09:14

Domino’s Pizza (DMP) $31.60

DMP was the market's worst performer on Tuesday, initially falling over 9% before recovering some of its losses to finish down 6.3% after the fast food chain provided a trading update + announced that chief executive Don Meij would retire after 22 years in the role and almost 40 years with the company after starting in Brisbane as a delivery boy!

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21/06/2024 09:12

Domino’s Pizza Ent. Ltd (DMP) $36.48

European investor days earlier this month did little to increase fund managers' appetite for DMP, which is now down 38% in 2024. The net result was further downgrades, with Europe improving but downgrades due to Asia & FX making it all feel too hard.

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13/06/2024 08:49

Domino’s Pizza Enterprises Ltd (DMP) $38.04

DMP is down 35% in CY24 with the stock failing to be energised by this week's investor day. The company's global footprint is expanding, but it's not all plain sailing. France is possibly turning the corner, German store growth is delayed, margins are low in Japan, and sales are weak in Malaysia. Overall, we are finding it easy to stay on the sidelines with regard to this well-known pizza business.

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25/01/2024 17:19

Domino’s Pizza (DMP) $39.51

DMP -31.05%: Walloped today and fell to 4 year low following an announcement posted to the ASX at 7.17PM last night – trying to sneak one past a closed market  - never positive and never a good look – surely they know better!

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23/08/2023 17:06

Domino’s Pizza (DMP) $53.70

DMP +11.81%: jumped the most since November as they talked up the prospects for a strong recovery in FY24 as recent company restructuring starts to pay off.

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13/06/2023 17:00

Domino’s Pizza (DMP) $43.55

DMP -5.86%: the pizza franchisor fell to a 3-year low today after announcing it was looking to close several underperforming stores combined with a poor trading update. They’ll start by wrapping up the 27 stores in Denmark, a small group they bought out of receivership in 2019 which has failed to improve materially since acquisition.

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22/02/2023 16:45

Domino’s Pizza (DMP) $54.37

DMP -23.81%: Whacked today and rightly so after a result that was a big miss to consensus while market positioning had clearly become more positive on the stock with the share price up ~50% from its recent lows. Fund manager’s drank the DMP cool-aid with gusto as Mr Meji said that while things were tough, they were turning around – which now seems a stretch, in the short term at least.

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03/11/2022 16:45

Dominoes (DMP) $52.98

DMP -11.71% held their AGM and provided a trading update for the 1st 17wks of 1H23. Network sales were down -1.8% with FX headwinds to blame, however stripping that out they are still only +4.7% up versus +8% this time last year. They provided guidance saying that 1H23 expected earnings to be materially lower before bouncing back strongly in the 2H23, although...

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24/08/2022 17:08

Domino’s Pizza (DMP) $72.15

DMP +7.57%: FY22 results were soft for the pizza chain today. Revenue was a slight miss at $2.3b, while Net income missed consensus by~5% at $158.7m. They continue to grow store numbers, up 10% organically in the period, however, same-store sales growth fell by -0.3%. The company said pricing initiatives have helped to offset food, labour and energy inflation, particularly...

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23/02/2022 17:29

Dominoes (DMP) $86.13

DMP -14.02%: A tough session for  DMP today following a miss on their 1H22 results. Profit for the half was around ~6% below expectations while same store sales growth for the start of CY22 is tracking at 1.77%, below their longer term target of  3-6% range. Worth noting they are coming off a strong comparable period and it was widely expected that SSS would miss, just not...

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