Domino’s Pizza posted a net loss of $22.2 million for the first six months of the 2025 financial year, down from a profit of $58 million during the prior corresponding period.
Domino's Pizza posted a net loss of $22.2 million for the first six months of the 2025 financial year, down from a profit of $58 million during the prior corresponding period.
The result follows news earlier this month that Mark van Dyck-led Domino’s had begun a strategic review in the company, which included the closing of 205 “loss making” stores.
Of these store closures, 172 of them were in Japan, with the majority flourishing during the COVID-19 pandemic – however have been unable to replicate this success in a post-pandemic environment.
During the update, the pizza maker said it hoped to save $15.5 million per year, courtesy of the closures and accelerated re-franchising.
Overall, Domino’s generated $1.17 billion in revenue, which was down from $1.24 billion 12 months prior, with the company citing multiple factors – including the reduction of corporate stores and a 2.9 per cent decline in network sales.
Despite this result, the Domino’s board has elected to maintain its declared interim dividend of 55.5 cents per share, unfranked.
Revenue across the company’s Australia/New Zealand arm declined by 5.2 per cent to $395.4 million.
"The sales growth was delivered with reduced discounting, but with fewer customers (largely on carry-out) and local management is reviewing the customer value proposition to attract more of these customers, who typically order offline,” Domino's said.
“Australia has started to launch in-store ordering kiosks, designed to provide a more rewarding ordering experience for customers, while also adding additional sales by selecting more items per order.”
As of December 29 2024, the pizza maker had around $119.4 million in cash and cash equivalents, while its total equity was $626.1 million – with its retained earnings dipping from $224.3 million to $156.3 million.
Domino's shares closed trade down 10 per cent to $28.89, its lowest price since November 14 last year.
