Domino’s results beat management’s expectations

Company News

Domino’s Pizza Enterprises Limited (ASX:DMP) has announced strong first quarter results and upgraded full year 2016 guidance of 25 per cent growth over 2015 underlying NPAT and EBITDA.
 
The company says the results are underpinned by a lift in same store sales guidance for Australia and New Zealand and Europe. 
 
Same store sales growth increased by 13.9 per cent in Australia and New Zealand and 7.7 per cent in Europe.
 
Japan is currently performing in line with management’s expectations, with same store sales growing by 0.7 per cent in the first 18 weeks of trading. 
 
Domino’s CEO Don Meij credited the strong start to the year to the roll-out of a number of significant tech-convenient projects aimed at improving the ordering experience for customers.
 
 
 
 

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