Domino’s Pizza Enterprises profit dips on local sales

Company News

by Rachael Jones

Domino’s Pizza Enterprises (ASX:DMP) net profit attributable to members is down 4.6 per cent to $115.9 million.

Total revenue for the 12 months to June 30 grew by 24.4 per cent to $1.44 billion, with global food sales increasing by $308.4 million to $2.9 billion, that's up 11.9 per cent on the prior corresponding which was a 3.6 per cent increase on a same-store sales basis.

New customers in Japan responded well to new initiatives with sales increased 13.6 per cent. Domino’s Japan earnings increased 32.1 per cent.

The Company will pay shareholders a final dividend of 52.8 cents per share (100 per cent franked). This is to be paid on 12 September 2019, with a record date of 28 August 2019.

Shares in Domino’s Pizza Enterprises (ASX:DMP) closed 6.04 per cent higher at $44.41 yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.