GROUP - EBIT PERFORMANCE - PRE COVID TO NOW
Domino's
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CONCLUSION: PERFORMANCE
Group Network Sales - were positive in Q2, however, not as strong as anticipated
■ Inflation - Domino's has seen a short-term decline in delivery customers and is rebalancing the value equation
FX headwinds - c. $5m NPAT for H1, with the AUD strengthening against both the Yen and Euro
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One fewer trading week - H123 included one less trading week than H122 (26 weeks vs. 27 weeks)
Acquisitions - the newly acquired markets of Malaysia and Singapore are performing at expectations, with
management intending to apply High Volume Mentality to store operations. Cambodia acquisition is expected to
complete in H2
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Our businesses in Asia – are materially larger than pre-COVID, and will strengthen as a significant portion of the store
network matures
Customer Satisfaction - customer satisfaction scores are still high across the business, but it is clear that some price
conscious customers have chosen to reduce frequency
■ Competitive on Price - we continue to be focused on ensuring we can provide best-in-class value and choice for our
customers by delivering and evolving the Value Equation - to win new customers and rebuild frequency
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