Booming online sales deliver for Domino’s

Original article by Eli Greenblat
The Australian – Page: 17 : 20-Aug-20

Domino’s Pizza Enterprises has reported a 2019-20 net profit of $138.4m, which is 19.4 per cent higher than previously. Group sales rose by 32.7 per cent to $1.9bn, although its Australian and New Zealand arm’s earnings were down 5.8 per cent at $129.4m due to the impact of the coronavirus pandemic. Meanwhile, the company has indicated that its digital platforms now account for 72.1 per cent of group sales. Domino’s has also advised that it provided franchisees with some $14m worth of financial support in 2019-20 due to the pandemic.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP

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