Domino’s Pizza Enterprises Ltd [ASX:DMP] has, at time of writing, fallen back to $42.90 a share at a loss of 4.37%. While the company has agreed it was a disappointing FY19, Domino’s currently has big plans to double its store network throughout Europe and Asia by 2028.
In what could be a bit of a respite for the embattled company and downtrodden investors, the share price looks like it could be on its way back up. This morning, Domino’s share price has improved by 67 cents or 1.59%, to trade at $42.75 — for a total improvement of 3.76% over the past 12 months.
The share price fell by $3.56 this morning to $42.34 on the back of their half yearly results. It seems investors on the ASX have come to expect more from companies these days, for even posting positive revenue and earnings growth won’t cut it anymore.
Domino's Pizza Enterprises Limited [ASX:DMP] is taking some heat along with its share price, after Fairwork’s investigation found that the franchise continues to have issues with workplace compliance.
Take Domino’s Pizza Enterprises Ltd [ASX:DMP] as an example. It’s a pizza business like any other. But it’s the way that Domino’s delivers and markets itself that warrants its high share price.