BUZZ-Australia's Domino's Pizza Enterprises falls on surprise HY statutory loss

Reuters
02-25
BUZZ-Australia's Domino's Pizza Enterprises falls on surprise HY statutory loss

** Shares of Domino's Pizza Enterprises DMP.AX fall as much as 8.8% to A$29.440, their biggest intraday drop since early-November

** Pizza maker posts HY statutory loss attributable A$22.2 million ($14.08 million) vs consensus estimates of A$27.1 million profit

** Posts HY same-store sales decline of 0.6% vs growth of 1.3% last year

** Says group same-store sales in first 7 weeks of H2 up 1.5% - a slowdown from 4.3% growth co reported for first 5 weeks

** Stock among the top five worst performers on ASX 200 benchmark index .AXJO

** As of last close, stock was up 9.6% YTD

($1 = 1.5768 Australian dollars)

(Reporting by Himanshi Akhand in Bengaluru)

((Himanshi.Akhand@thomsonreuters.com;))

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