Feb 25 (Reuters) – Australia’s Domino’s Pizza Enterprises reported a sharp drop in early second-half same-store-sales growth on Wednesday, due to severe weather conditions in Germany and Netherlands, triggering a 16% share slide.
The company, which operates Domino’s stores in 12 countries across Australia, New Zealand, Asia and Europe, posted a negative same-store-sales growth of 7.2% in the first eight weeks of the second half.
This compares with Visible Alpha estimate of 0.2% growth decline for the six months.
Shares of the company slipped as much 16.3% to A$18.13, marking their biggest single-day percentage drop since late August 2025 as of 0205 GMT. The stock hit its lowest in nearly four months.
Domino’s also blamed the soggy trading update on the delayed start of the Chinese New Year.
(Reporting by Sneha Kumar & Rajasik Mukherjee in Bengaluru; Editing by Sumana Nandy)
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