Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
BUZZ - Domino's Australia operator falls, little guidance from US parent company

BUZZ - Domino's Australia operator falls, little guidance from US parent company

路透社2026/10/14 04:46

- ** Domino's Pizza Enterprises DMP.AX shares plummeted as much as 4.7% to AUD 20.87, marking the largest intraday drop since September 7

** Jefferies stated that the comments made by Domino's Pizza DPZ.O, which grants the brand license to DMP, provided little new information beyond DMP's seven-week trading update

** The brokerage pointed out that DMP's seven-week trading update showed a 5.8% decline in same-store sales, with this figure largely covering most of the period under review

** However, Jefferies added that the recent remarks by Domino's Pizza (DPZ) CEO on DMP were the most optimistic, reiterating management's focus on "profitable volume" and hinting that some markets may eventually transition to other operators

** Jefferies believes there is upside potential for DMP and welcomes management's progress in stabilising profits, though whether same-store sales can achieve sustainable recovery after the end of the price reset period remains key

** So far this year, DPZ shares have fallen nearly 29%, while DMP shares have risen by 1.5%


(To assist non-English speakers, Reuters has automated the translation of its reports into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of these translations and provides them solely for convenience. Reuters accepts no responsibility for any damage or loss caused by use of automated translation functions.)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Can a $20 monthly Siri subscription turn Apple (AAPL.US) into a "money-printing machine"? Analyst: It may generate 24 billions in annual revenue, with smart home contributing less than 1%.

Gene Munster, managing partner at Deepwater Asset Management, stated that Apple’s (AAPL.US) newly launched smart home product is expected to contribute slightly less than 1% to revenue in fiscal year 2027.

智通财经•2026/10/14 08:43

Trending news

More
1
ASML CFO says the US 'March Act' restrictions on selling deep ultraviolet lithography machines to China will be counterproductive
2
Liberty Global Says VodafoneZiggo Tower Sale Cleared by EU Commission

Crypto prices

More
Bitcoin
Bitcoin
BTC
$83,291.12
-0.35%
Ethereum
Ethereum
ETH
$2,502.9
-0.78%
Tether USDt
Tether USDt
USDT
$0.9989
+0.01%
BNB
BNB
BNB
$741.44
-0.32%
XRP
XRP
XRP
$1.37
-0.40%
USDC
USDC
USDC
$0.9999
-0.00%
Solana
Solana
SOL
$107.13
-0.94%
TRON
TRON
TRX
$0.3326
+0.93%
Zcash
Zcash
ZEC
$1,241.44
+1.16%
Hyperliquid
Hyperliquid
HYPE
$81.37
-2.10%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter