Domino’s financials underwhelm market, bevy of issues in global franchisor
The global Domino’s pizza empire is spread a little thin in Asia as the embattled franchisor still reels from falling off a share price cliff earlier this year.
The ASX did not immediately warm to Domino’s Pizza Enterprises’ full-year results on Wednesday, and by 1pm the stock was down 2.7 per cent.
While an apparent run on pizza shops during the Matildas’ World Cup campaign was good for business in Australia, geopolitical issues in Malaysia and diving sales in Japan hurt the bottom line.
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