** Domino's Pizza Enterprises DMP.AX reports 11% drop in 1H25 underlying profit and slowing sales momentum into the first few weeks of 2H25

** DMP, the pizza chain's biggest franchise operator outside of the U.S., fell 10.5% to A$28.89 per share, the lowest level since January 16

** Citi cuts stock PT to A$31.82 from A$37.34, retains "neutral" rating

** Says cautious on subdued same-store sales $(SSS.SI)$ growth and weak franchisee profitability

** Brokerage cuts its FY25-27 earnings per share view by 9% to 22%, reflecting slowing margin recovery

** Jefferies says SSS growth rate of 1.5% in first seven weeks of 2H25 - a slowdown from 4.3% in the initial five weeks - is indicative of the underlying performance

** Five of 14 analysts rate DMP "buy" or higher, six "hold" and three "sell" or lower; their median PT is A$35.10, according to data compiled by LSEG

** DMP down 1.9% this year, as of last close

(Reporting by Sameer Manekar in Bengaluru)

((Sameer.Manekar@thomsonreuters.com;))