Domino’s Pizza Enterprises Shares Fall 20% After Annual Loss, Revenue Declines Australia, New Zealand, Asia

Domino's Pizza Enterprises Ltd. reported a full-year net loss of A$3.7 million, marking a 103.9% decline from the prior year, driven by ongoing underperformance in its largest overseas markets. The company also announced a dividend cut amid faster-than-expected sales declines in the new financial year, with same-store sales dropping further in early 2026. As a result, the stock plunged about 20% in Sydney, reducing its market value to approximately A$1.46 billion. Management turnover added to the company's challenges, with the recent CEO stepping down within a year and the founder of Hungry Jack's now serving as executive chair. Domino's is implementing a menu reduction program in Australia and New Zealand to improve quality and profitability, and it has closed underperforming stores in Asia to focus on frequency and value. Analysts note that while results met expectations, near-term headwinds remain until new management and a simplified strategy are firmly established.