Domino’s Pizza on track to deliver Full Year guidance
Australian-owned and operated Domino’s Pizza Enterprises Ltd (“Domino’s”) 
announced today at its Annual General Meeting that Group Same Store Sales are in line with expectations and the Company re-affirmed its Full Year 2010 guidance of NPAT growth between 10% - 15%.
Domino’s Chief Executive Officer Don Meij said both the European and the Australian and New Zealand markets were experiencing strong momentum.
“We have experienced strong earnings during the first four months of the 2009/2010
Financial Year in line with expectations and our Full Year guidance,” Mr Meij said.
“In Australia, our Victorian market continues to have the strongest Same Store Sales growth out of any major market. While over in Europe, new store openings continue to exceed Management’s expectations in terms of sales for these new stores.
“We are very focused on adding scale in Europe through increasing our store count and
growing the Average Weekly Unit Sales.”
Mr Meij said the Company was on track with its forecast of opening 40 – 50 new stores to the Group by June 2010.
“As noted in August, Domino’s Pizza plans to open 40 – 50 new stores this year. I’m pleased to announce we already have 14 new stores under construction in France which will potentially open before Christmas,” Mr Meij said.
Mr Meij also highlighted innovation and technology as key drivers for future growth in the
Domino’s business.
“We are very committed to driving sales and efficiencies in the business through technology.
As of today, 24% of total sales in Australia are online and in The Netherlands 31% of their sales are through online ordering,” Mr Meij said.
“We want to stay at the forefront of innovation and technology, and to do that we are
investing time and money into upgrading our internet infrastructure, enhancing our current technologies and developing new ways of ordering, including our soon-to-be-launched iPhone application.
As well as investing in new technologies, Domino’s Pizza planned to continue expanding its menu offering to both modernise pizza and offer wider choice for customers.
“We will be investing in a lunch platform from December in both Australia and France. The long term view here is to better utilise our assets during a time when our stores are open for business,” Mr Meij said.
media release
“Domino’s is also committed to providing ‘better for you’ menu options, and we recently
announced a three-year salt and saturated fat reduction strategy which involved cutting salt by 25% and saturated fat by 15%.”
Domino’s Pizza Enterprises Limited is Australia’s only publicly-listed pizza company and is the master franchisor for the Domino’s Pizza brand in Australia, New Zealand, France, Belgium and The Netherlands.
Domino’s and its franchisees have 782 stores across five countries, employing more than 16,000 part-time and full-time staff and making more than 60 million pizzas each year.
For further information, interviews or images contact:
Sarah Morgan, Domino’s Public Relations Manager – 0400 750 022
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