Earnings call transcript: Domino’s Pizza Enterprises falls on weak sales in H2 2026

Domino’s Pizza Enterprises reported weaker full-year sales in H2 2026, with network sales falling 6.8% to AUD 3.87 billion and same-store sales declining 4.1% globally. Despite the sales decline, profitability, cash flow, and leverage improved significantly as the company implemented a broad reset of pricing, promotions, and costs.

Underlying EBIT rose 1% to AUD 200.1 million and free cash flow jumped to AUD 164.1 million. Net debt fell to AUD 497 million, and leverage dropped to 1.86 times, below the company's target of 2.0 times. Management stated that FY 2027 would focus on rebuilding order count and returning to positive same-store sales growth.

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