First Impression: Domino's Pizza-DMP- FY16 Result

Bell Potter

Stockbroker

Group same store sales (SSS) growth was strong at 10.9% (cycling 8.6%).Regional SSS growth: ANZ 14.8% (cycling 11.3% and vs guidance of 11-13%); Europe at 8.2% (cycling 6.4% and vs guidance of 8-10%); and Japan at -2.1% (cycling 1.8% and vs guidance of -2-0%). 175 net store openings (excluding acquisitions) in FY16, 44 in ANZ, 62 in Europe and 69 in Japan. FY17 store opening target of 175-195 across the group. Outlook: FY17 growth guidance: EBITDA growth in the region of 25%, NPAT growth in the region of 30%,Regional SSS growth guidance: ANZ of 10-12%, Europe of 5-7%, and Japan 0-2%.Net capex of $85-95m.


1 stock mentioned

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.