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Domino's Australia Franchise Surges on Store Closures, Upbeat Start to Second Half of Fiscal 2025
(Reuters) - 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 (NASDAQ:DPZ) Plans Store Closures
It might be a dark sign when a pizza restaurant like Domino’s Pizza (DPZ) closes stores. Not only does that mean one less place for greasy fast
Domino's Pizza Enterprises Shares Jump More Than 22% on Closures
After about an hour of Friday's session, the stock was 22% higher at A$36.14 and on course for its best day since 2015. E&P retail analyst Phillip Kimber attributed the surge to a short squeeze. The trading update that accompanied Domino's announcement to close 205 loss-making stores,
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.
Why Domino's store closures are squeezing short sellers
Domino's shares soared almost 25% in early trade after the company announced 172 store closures in Japan and a group-wide review identifying $18.6 million in cost savings Domino's is the fifth most shorted stock on the market (12.
1d
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 ...
4d
First solar-powered Domino’s opens in Clover
From the outside in, Clover’s newest Domino’s looks like any other pizza place. But its secret is hidden in plain sight.
16h
5DPZ : Domino's Pizza's Options Frenzy: What You Need to Know
The general mood among these heavyweight investors is divided, with 69% leaning bullish and 15% bearish. Among these notable ...
19d
Is Domino's Pizza a Buy, Sell, or Hold in 2025?
This could be due to softer demand trends, as SSS growth took a hit in fiscal 2021 and fiscal 2022. Domino's does operate in the hyper-competitive restaurant industry. People have a large number of ...
8d
Consumer Drops Domino's Suit Over Use of Phone Calls to Train AI
A consumer dropped his lawsuit against Domino’s Pizza Inc. alleging the restaurant chain allowed technology provider ...
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