Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Domino’s Pizza Enterprises Limited ( (AU:DMP) ) has provided an update.
Domino’s Pizza Enterprises Limited announced a strategic review to enhance performance, resulting in plans to close 205 loss-making stores, primarily in Japan, to improve profitability and sharpen market focus. The company aims to achieve $15.5 million in annual savings and will incur a one-off cost of approximately $97 million. The review also focuses on cost efficiency and strategic growth, identifying $18.6 million in annualized network savings and developing a value creation plan for sustainable growth. Despite mixed same-store sales performance across regions, Domino’s remains committed to reinvesting in its franchise partner network and refining its strategies for long-term success.
More about Domino’s Pizza Enterprises Limited
Domino’s Pizza Enterprises Limited is a leading player in the Quick Service Restaurant (QSR) industry, specializing in pizza. The company is focused on expanding its market presence in key regions such as Japan and France, while leveraging its scale and operational efficiencies to drive growth.
YTD Price Performance: 2.05%
Average Trading Volume: 664
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.72B
For an in-depth examination of DMP stock, go to TipRanks’ Stock Analysis page.
