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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04/11/2021 17:34

Dominoes (DMP) $116.12

DMP -18.4%: The pizza maker got hit today after sighting inflationary pressures across the group along with weaker sales in their Japanese operation at their AGM today. Citi say that Domino’s cost pressures appear to be building due to the early onset of food cost inflation and the two-week closure of the highly profitable New Zealand market, and that...

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18/08/2021 12:24

Dominoes (DMP) $134.33

FY21 Result: A great result from DMP today even with expectations high. FY21 numbers were smack inline with consensus expectations with same-store sales across its three major markets up 9.3%– well ahead of its 3-6% target, plus of they opened a lot of new stores (285) increasing their footprint by 10.7%, beating its annual target of 7-9%.

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18/08/2021 09:22

Reporting Today (BHP, BXB, COL, DMP, DHG, ABP, BAP, CTD, NWL, OZL, SUL)

A huge session on the reporting front today we’ll work through results throughout the day. Companies reporting today on MM’s radar include: BHP Billiton (BHP): Reported FY21 results overnight that were largely inline, however a lot of moving parts as we discuss below. Brambles (BXB): Reported yesterday afternoon and the earnings were inline with expectations. Underlying profit was $879.3. which was up 10% y/y and a whisker ahead of the $877m expected

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