Interim loss: A$22m, but that includes A$88m in restructuring costs.
Key takeaway: New chief executive Mark van Dyck has wasted no time in putting his stamp on the company and addressing the issue of unprofitable stores.
Shares in ASX-listed fast food chain Domino’s Pizza Enterprises slid more than 11% today after the company posted a decline in interim revenues and profits.
The recently announced closure of more than 200 loss-making stores – the majority of them in Japan – saw Domino’s cop A$80.6 million
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Key points
Revenue: Down 2.9% to A$20.5b.
Interim loss: A$22m, but that includes A$88m in restructuring costs.
Key takeaway: New chief executive Mark van Dyck has wasted no time in putting his stamp on the company and addressing the issue of unprofitable stores.
