The fast-food chain operator has pressed go on a $165 million equity capital raising to take full control of its German joint venture operations.
It is the king of Australia’s pizza empire,but could ballooning inflation and a volatile global economy dethrone this cheese-crusted behemoth?
A landmark class action case that accuses Domino’s of underpaying tens of thousands of staff has kicked off in the Federal Court.
Pizza giant faces allegations that drivers and in-store staff were underpaid up to $11 an hour or $10,000 a year. The claim,which Domino’s disputes,could be worth tens of millions of dollars to low-paid workers employed at franchise stores.
Australia’s largest pizza chain is now expecting deflation in soft commodities,which will keep a lid on costs for cheese,flour and meat – but customers are unlikely to get a taste of it.
Domino’s Pizza had big plans when it entered the Italian market in 2015. But It turns out the locals don’t necessarily like pineapple on their pizza,after all.
Pizza chain Domino’s has introduced a 6 per cent delivery fee for online orders as the costs of doing business rise across the sector.
The fast food chain’s shares have slumped after “one-off factors” took a bite out of its December half profit.
Pizza Hut Australia CEO Phil Reed is candid about his ongoing mission to take on Australia’s biggest pizza franchise.
Fund managers are sticking by Domino’s Pizza despite the fast food heavyweight enduring a torrid session on the market.
Domino’s CEO Don Meij said he supports the government-prescribed path out of lockdowns as the pizza seller’s growth continues to soar off the back of the pandemic.