Half Year 2025 Domino's Pizza Enterprises Ltd Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Ben Gilbert - Jarden Limited - Analyst : Just this one for me, Mark, probably a bit of a bigger picture one. But when you're looking at the turnaround or trying to drive productivity, are you looking at any sort of specific case studies or experience global? It seems you're going on a similar path to what Starbucks is going on, albeit again, early days in the process. Just interested in how you're thinking about the stages if you're modeling on any others previously and I suppose some of the signposts we should be looking for in terms of moving forward with the strategy?

Question: Ben Gilbert - Jarden Limited - Analyst : That's helpful. And just a follow-up, Mark, just on that comment you made around the previous sort of guidance around growing EBIT for this year. Just -- obviously, there's a lot of caveats there. In sort of looking -- reflecting on obviously trying to execute on this strategy, how much of a priority is it delivering that number? Because you obviously got a decent chunk of cost saves that's coming through from closures in the second half. It feels quite achievable, but there's obviously a lot of caveats on there. Is it wanting to invest upfront? Or what was the reason behind that?

Question: Ben Gilbert - Jarden Limited - Analyst : Just can you just give us an idea of that $34 million of what you banked in the first half and what you're expecting to bank in the second half?

Question: Ben Gilbert - Jarden Limited - Analyst : Yeah. I think you got $30 million for the full year you talk to and you're going to bank two-thirds of it. So that's $20 million and then you've got another $14 million-odd, $12 million, $14 million from the other closures you announced. How much are you expecting to bank -- or how much is banked in the first half and how much you're expecting in the second half? Total is around $30 million. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 24, 2025 / 11:00PM, DMP.AX - Half Year 2025 Domino's Pizza Enterprises Ltd Earnings Call

Question: Ben Gilbert - Jarden Limited - Analyst : This year, I was just doing savings in the first half and then what you expect for this current second half.

Question: Ben Gilbert - Jarden Limited - Analyst : Okay. So it's a modest in this half?

Question: Ben Gilbert - Jarden Limited - Analyst : And sorry, just to clarify, and apologies, you may have been asked this two or three times, but there just seems to be a lot of concern around just -- and I appreciate it's two weeks, which is irrelevant looking at a two-week trend, but there seems to be a lot of concern around ex Asia did ANZ and Europe deteriorate in the last couple of weeks, but it sounds like it didn't without putting words in your mouth, and you're pretty confident this is a baseline for comps for the half and then you're hoping they pick up a bit to hit that sort of prior guidance to grow EBIT. Is that a fair summary?

Question: Ben Gilbert - Jarden Limited - Analyst : I might try to sneak one more in, a last one. Have you had much inbound inquiry people look to want to buy in any of the regions? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 24, 2025 / 11:00PM, DMP.AX - Half Year 2025 Domino's Pizza Enterprises Ltd Earnings Call

Question: Ben Gilbert - Jarden Limited - Analyst : Yes.

Question: Ben Gilbert - Jarden Limited - Analyst : Not me. I'm just interested in France, obviously, it's a big market, I'm sure there'll be interest, but just interested if you have any inbound from people looking to want to take over any of the markets you've got.