Australian Billionaire Jack Cowin’s Domino’s Pizza Closing 205 Stores To Boost Profits
Domino’s Pizza Enterprises—controlled by fast food billionaire Jack Cowin—will shut 205 money-losing stores to cut costs and boost earnings.
Domino’s Australia Stock Soars 24% After Announcing Store Closures and Profitability Boost
Shares of Dominos Pizza Enterprises (NYSE: DPZ) surged 23.8% to A$36.68 on Friday, marking their largest intraday gain ever. The rally follows the companys announcement to close 205 underperforming stores,
Domino's closure of Japanese stores sparks share surge
Shares in ASX-listed Domino’s Pizza traded more than 20% higher today after the company announced the closure of 205 stores, the bulk of them in Japan. In a trading update, the company said that it had completed a “detailed operational and financial review to create a simpler and better
Domino's shares soar 23% in Australia as new CEO shuts stores to improve profit
Some 172 of the stores to be shut are in Japan, where a pandemic-era sales surge has faltered, the Brisbane, Australia-based company said Friday. The closures will hit almost one in five of the 944 Domino’s stores in the Asian nation.
Domino's Australia franchise surges on store closures, upbeat start to second half of fiscal 2025
Shares of Australia's Domino's Pizza Enterprises were heading for their biggest intraday jump ever on Friday, after the pizza chain operator flagged the closure of 205 loss-making stores and signalled a positive start to the second half of fiscal 2025.
Domino’s Pizza Enterprises Ramps Up Japan Store Closures
Domino’s Pizza Enterprises said it will provide an update on its Japan strategy at an investor day during the June half.
ASX Market Close: Domino's Pizza heats up after closing stores | Feb 7, 2025
The ASX200 closed down 0.11% at 8,511 points. IT was the best performing sector, up 0.53%, followed by Staples, up 0.51%, and Materials, up 0.29%. Energy was the biggest loser, down 1.45%, followed by Health Care ,
Domino's Pizza to close down hundreds of stores
Domino's CEO Mark van Dyck said the closures are part of a strategy review. 'When I started in this role three months ago I said we would move decisively to reshape our business f
3 Reasons Domino's Pizza Stock Can Be a Good Long-Term Buy
If you want a good and stable stock to hang on to for the long term, Domino's can make for a great option. There are ...
Domino’s Pizza puts brakes on ambitious, aggressive store roll out
Domino’s Pizza has slammed the brake on its historic ambitious and aggressive store roll out strategy, announcing it would ...
Domino's Pizza Enterprises Shares Jump More Than 22% on Closures
SYDNEY--Domino's Pizza Enterprises shares surged more than 20% in early trade after the Australian fast-food franchiser accelerated the closure of unprofitable stores across its global network.
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Domino’s Limited-Edition Collab Promises to ‘Enhance’ Your Pizza
“Step aside soda and beer, your new favorite pizza beverage pairing is here!” Domino’s and yellow tail wine announced in a ...
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Stuffed crust: Domino's Pizza reaches new heights with strategic review policy
If the recent performance of its share price is anything to go on, Domino’s Pizza Enterprises Ltd (ASX:DMP) looks to be on an ...
Domino’s slices and dices, but still must deliver for investors
The pizza chain’s shares surged after the company announced it would shutter hundreds of dud stores. But is the market too ...