(Reuters) -Australia's Domino's Pizza Enterprises on Wednesday said it expects earnings in fiscal 2024 to be significantly higher than 2023 as it continues to cut costs. Domino's has exited its Danish operations and closed underperforming stores over the year, as it eyes A$50 million to A$60 million of network savings over fiscal 2024. Brokerages have expressed their support for Domino's strategies over the past few months, with analysts at Citi viewing the initiatives as an effort to improve "same-store-sales growth and franchisee profitability."
Domino s Australia is offering foodies all over the nation an impossible-to-resist offer by shaving 50 per cent off the price of their pizzas - but you ll have to be quick.
Australia s Domino s Pizza
Enterprises reported a 28.3% fall in first-half profit
on Wednesday, hurt by a drop in orders as price rises due to
inflation hit consumer spending, sending its shares 24.3%. | February 22, 2023