Overview
- Domino’s reported a $3.7 million net loss for 2024–25, its first since listing, after shuttering 312 stores, including 233 in Japan.
- The company booked $162.3 million in impairments, with $118.4 million linked to Japan, and began a structured menu reduction to streamline operations.
- Executive chair Jack Cowin said the chain will ditch deep discounting and vouchers in favor of consistent everyday pricing while reinvesting cost savings in marketing and franchisee support.
- The market reaction was sharp with shares closing down 22% to $15.10 and the final dividend cut to 21.5 cents per share.
- Australia and New Zealand delivered record profitability, but early trading in the new year showed a 0.9% sales decline and CEO Mark van Dyck will depart on December 23.