ASX Announcements
August
Guzman y Gomez is nearly a $4b company
The Mexican-themed fast-food chain is outstripping rivals in delivering strong same-store sales growth and closed at a record on Tuesday.
- Updated
- Simon Evans
- Results Wrap
- Chanticleer
How Scentre came through the Bondi Junction tragedy
Amid a deluge of results, it was a story about something much more than money that moved us here at Chanticleer.
- James Thomson and Anthony Macdonald
Perpetual’s new CEO; Domino’s boss scrambles; Coffee boosts Breville
Read everything that’s happened in the news so far today.
Domino’s Pizza CEO scrambles to avoid ‘painful’ result
Shares in the pizza maker slumped again as it said same-store sales dropped 1.3 per cent in the first seven weeks of the new financial year.
- Simon Evans
Domino’s Pizza boss names sister as local CEO
Kerri Hayman was appointed chief executive of Australia and New Zealand for the brand, while her brother, Don Meij, focuses on fixing the overseas operations.
- Carrie LaFrenz
- Opinion
- Retail
Pressure is on Domino’s boss to deliver a turnaround
US parent Domino’s Pizza Inc and local chairman Jack Cowin are each becoming more involved in how ASX-listed Domino’s Pizza Enterprises is run.
- Carrie LaFrenz
July
- Analysis
- Food & drink
How the Domino’s Japanese dream died
The pizza business failed to recognise that Japan’s explosive growth in lockdown was due to its convenient delivery service rather than a shift in consumer taste.
- Jessica Sier
- Opinion
- Chanticleer
What Guzman y Gomez can learn from the Domino’s disaster
Domino’s’ latest downgrade tells a story about long-term growth plans that investors in Guzman y Gomez should take note of.
- James Thomson
- Updated
- Food
Domino’s shuts dozens of stores, dumps big growth target
The company told shareholders it would close stores in Japan and France and warned that the “timing of achieving the long-term outlook was under review”.
- Updated
- Kylar Loussikian
ASX dog Domino’s Pizza a timely reminder for GyG
The downward slide of Domino’s Pizza is a sobering reminder of just how tough it is in the fast food franchise market.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rising cheese prices bite into Domino’s earnings: Barrenjoey
Barrenjoey has slashed its earnings forecasts for Domino’s due to a slower store rollout, weak Japanese yen and rising cheese prices.
- Carrie LaFrenz
June
Guzman y Gomez isn’t the only fast food giant with big plans
McDonald’s, Pizza Hut, Wendy’s. The race is on for who can grab the biggest slice of a $25 billion market, as big players scramble for sites and customers.
- Updated
- Simon Evans and Carrie LaFrenz
- Opinion
- Chanticleer
How the market lost its mind over the Guzman y Gomez float
The reaction to the fast-food group’s IPO has startled many market watchers. But strip away the memes, hoodies, bulls and bears, and it’s all about valuation.
- Updated
- James Thomson
Jack Cowin taps ex-Burger King execs in France to fix Domino’s
The ASX-listed pizza chain set up in France in 2006, but only has an estimated 8 per cent share of the market. Poor international growth has hurt shares.
- Carrie LaFrenz
Bears emerge as Guzman y Gomez’s blockbuster IPO nears
Morningstar has told clients that the $22 initial public offering price is “too high” to what it considers fair value for the Mexican-themed fast-food chain.
- Updated
- Joshua Peach
April
Domino’s Pizza faces market scepticism over France, Japan turnaround
Shares in the pizza maker have sunk to their lowest since August 2019, with analysts underwhelmed by its strategy to fix the struggling overseas businesses.
- Simon Evans
February
This fundie says Domino’s Pizza is a better bet than the big four
Vertium Asset Management’s Jason Teh has an eye for companies in a turnaround phase – and his gaze is now firmly set on Domino’s and Fisher & Paykel Healthcare.
- Joanne Tran
What we learnt from WiseTech, Domino’s, Scentre and Santos results
WiseTech’s steady results send shares soaring, Domino’s tweaks its debt covenants, Scentre sings for its supper, and Santos’ boss says he has unfinished business.
- James Thomson and Anthony Macdonald
Domino’s slices dividend as weak Europe sales dent profit
Chief executive Don Meij said there had been a turnaround in another poorly performing market after the new products were introduced.
- Simon Evans
Coalition agrees to tax cuts | Haley backs AUKUS | Market bear’s new warning
Read everything that’s happened in the news so far today.