Domino's Pizza Enterprises (DMP) investor relations material

Executive summary

• FY 2026 was a reset year with improved franchisee profitability, cost reduction, and a stronger balance sheet, setting the stage for profitable sales growth in FY 2027.

• Franchisee EBITDA rose 11.3% to AUD 105,700 per store globally in Q3 FY 2026; Australian stores averaged AUD 128,000.

• Leadership reset, simplified pricing, and cost base reduction led to stronger store economics and franchisee profitability.

• AUD 67 million in annualized cost savings actioned, with AUD 35.3 million realized in FY 2026.

• Free cash flow increased by AUD 116.6 million to AUD 164.1 million; net leverage reduced to 1.86x.

Financial highlights

• Network sales were AUD 3.87 billion, down 6.8% year-over-year, reflecting store closures and a promotional reset.

• Underlying EBIT increased 1% to AUD 200.1 million; underlying NPAT up 4% to AUD 121.6 million.

• Free cash flow before divestments rose from AUD 47.4 million to AUD 164.1 million.

• Statutory NPAT was a loss of AUD 134.2 million due to AUD 255.7 million in non-cash write-downs, mainly for France and Taiwan goodwill, technology, and underperforming stores.

• Dividend per share increased 51.2% to AUD 0.325.

Outlook and guidance

• FY 2027 focus is on restoring profitable sales growth, leveraging digital, CRM, and customer service improvements, and expanding proven pricing initiatives from Western Australia.

• No forward earnings guidance provided for FY 2027.

• Each region has specific plans to improve sales and maintain margin gains while restoring order frequency.

• Digital investment anticipated at AUD 30–45 million, subject to business cases.