Domino's Pizza Enterprises Limited · ASX:DMP
Domino's Pizza Enterprises — FY2025 Earnings Presentation
27 slides from Domino's Pizza Enterprises's earnings presentation, Aug 28, 2025
Slide 1: ASX market presentation cover letter for year ended 29 June 2025
Domino’s Pizza Enterprises Limited ACN: 010 489 326 1/485 Kingsford Smith Drive Hamilton QLD Australia 4007 www.dominos.com.au 27 August 2025 The Manager Market Announcements Office Australian Securities Exchange 4th Floor, 20 Bridge Street SYDNEY NSW 2000 Dear Sir, Market presentation for the year
Slide 2: Domino's Pizza Enterprises Limited (DPE) Period Ending 29 June 2025
Domino’s Pizza Enterprises Limited (DPE) Period Ending 29 June 2025
Slide 3: Agenda and presenters
2 DOMINO’S TODAY & MARKET POSITION ———————————— EXECUTIVE SUMMARY & TRADING UPDATE ———————————— VALUE CREATION & GROWTH STRATEGY ———————————— FINANCIAL RESULTS ———————————— OUTLOOK & CLOSING REMARKS PRESENTERS: Jack Cowin Richard Coney George Saoud Executive Chairman Group Chief Financial Officer Gr
Slide 4: Market leader in key markets, with strong in-store teams and culture
3 ▪ Market leader in key ▪ Pizza category continues to ▪ Post-COVID cost base markets, with strong in-store grow globally & remains affecting unit economics teams and culture resilient ▪ Japan & France requiring ▪ Large and attractive ▪ Prioritisation and simplification, tailored responses markets w
Slide 5: Customer value proposition & driving sustainable franchisee profitability
4 CUSTOMER VALUE PROPOSITION & DRIVING ANZ, BENELUX AND GERMANY STRONG SUSTAINABLE FRANCHISEE PROFITABILITY Group ▪ Clear Recipe for Growth plan: focused on sales, margin ▪ Network Sales: $4.15B – flat Same Store Sales improvement, cost reduction, and stronger franchisee ▪ Underlying EBIT: $198.1m,
Slide 6: Taking action to improve capital allocation and support deleveraging
5 TAKING ACTION TO IMPROVE CAPITAL NEW APPOINTMENTS SUPPORTED BY ALLOCATION AND SUPPORT DELEVERAGING DEEP EXPERIENCE ▪ Leverage above target but remains well within covenants ▪ Experienced leaders appointed to key roles, with global ▪ Proactive steps underway to reduce leverage below 2.0x searches u
Slide 7: Same Store Sales Growth
6 Same Store Sales Growth H1 H2 Full Year First 7 Weeks of new Financial Year FY24 +1.3% +1.6% +1.5% FY25 -1.3% FY25 -0.6% +0.4% -0.2% FY26 -0.9% ▪ SSS improved through FY25 — H1 -0.6% → H2 +0.4%, momentum led by Malaysia & Germany ▪ FY26 Group Same Store Sales – declined 0.9% during the first 7 wee
Slide 8: Recipe for Growth strategic review and priorities
7 Domino’s has completed a full strategic review, the Recipe for Growth, which addresses strategic priorities ▪ Reinforce core → Closed unprofitable stores and strengthen procurement discipline to both protect margins and improve franchisee returns → Rebalance Global/local responsibilities to make c
Slide 9: Phase 1: Recipe for Growth
8 PHASE 1: RECIPE FOR GROWTH 01 We have completed our detailed plans to return to sustainable growth: a shift in how we run our business and deliver for our customers Driving portfolio Stronger profitability customer proposition ▪ Stronger Customer Proposition (01): Reduce discount-led marketing → –
Slide 10: FY25 - Financial Results
FY25 - Financial Results 4
Slide 11: Network Sales and Underlying EBIT results
10 ▪ Network Sales -0.9% vs. Last Year (-1.9% in constant currency(1)) ▪ Underlying EBIT decreased -4.6% vs. last year (-5.4% constant currency): ▪ ANZ (+5.2%) and EU (+3.1%) delivering growth ▪ Offset by higher global overheads (-14.2%) and a sharp (2) decline in Asia (-32.6%), primarily due to Jap
Slide 12: Group EBIT -4.6% YoY; regional performance
11 This slide contains the following visuals: Button Adj Other Filters ,slicer , ,slicer ,Rpt Slicer - Period Type ,Bttn - Hide Header ,actionButton ,slicer ,slicer ,Group - FY25 Geographic Summary (incl FX) ,Custom Header ,Currency ,advancedSlicerVisual. Please refer to the notes on this slide for
Slide 13: Non-Recurring Items
12 Group Non-recurring Items - $m FY25 Actual Purpose/ Outcome Store Optimisation Programs Non-Recurring Items $118.4m Closure are $44.2m, and impairment accelerate re-franchising relating of underperforming stores toto: improve profitability and Streamlining of Operations $16.5m Restructuring costs
Slide 14: Group Cash Flow
13 This slide contains the following visuals: slicer ,Custom Header ,Bttn - Hide Header ,CF Header ,Group - FY25 Cash Flow ,advancedSlicerVisual ,shape ,Button Adj Other Filters ,actionButton ,slicer ,CF Grid ,slicer ,shape ,Currency. Please refer to the notes on this slide for details Change vs. Gr
Slide 15: FY25 Net CAPEX
14 ▪ FY25 Net CAPEX: $54.4m (FY24 $62.3m) ▪ CAPEX which Recycles -$13.4m (FY24 $0.6m) $(13.4)m ‒ Gross CAPEX $19.0m (FY24 $63.6m), reflecting significantly fewer new corporate store openings and lower franchisee acquisitions ‒ Cash inflows -$32.3m (FY24 -$63.0m), from loan repayments and sale of sto
Slide 16: Financial ratios; prioritising growth investment and deleveraging
15 FINANCIAL RATIOS This slide contains the following visuals: Banking Covenant Ratios ,Currency ,slicer ,slicer ,Button Adj Other Filters ,Banner ,Total Cash and Undrawn Debt ,advancedSlicerVisual. Please refer to the notes on this slide for details PRIORITISING OPTIMISED GROWTH INVESTMENT AND DELE
Slide 17: Network sales, corporate profits and franchise profitability priorities
16 NETWORK SALES & SSSG ▪ Pricing discipline – More consistent, transparent pricing for customers and stronger store margins ▪ Marketing – increase working media investment – Reallocate efficiencies into high-impact initiatives (digital, in-store, pricing trials) to lift sales & strengthen customer
Slide 18: Appendices
Appendices
Slide 19: Group network store count and regional store count
18 GROUP NETWORK STORE COUNT REGIONAL STORE COUNT AS A % OF NETWORK STORE COUNT This slide contains the following visuals: advancedSlicerVisual ,Table ,Button Adj Other Filters ,* ,New MPK Stores ,slicer ,Region Store Count ,slicer ,Network Store Count ,Region Store Count as Share of Network Store C
Slide 20: Franchise partner EBITDA stable
19 This slide contains the following visuals: 12-month Rolling Franchise Partner Store Count ,Franchise Partner Store Ownership Cohorts in Q4 ,Average Rolling 12-month Company EBITDA ,Average Rolling 12-month EBITDA per Store ,slicer ,textbox. Please refer to the notes on this slide for details ▪ EB
Slide 21: Group Balance Sheet
20 This slide contains the following visuals: actionButton ,Bttn - Hide Header ,slicer ,advancedSlicerVisual ,Header - Crrt P ,Button Adj Other Filters ,slicer , ,slicer ,slicer ,Group - FY25 Balance Sheet ,Banner ,Header - Last Hf ,Currency. Please refer to the notes on this slide for details Group
Slide 22: Regional sales and online sales on constant currency
(1,2) 21 1) FX translation headwind has been removed from the above by re-translating current period and prior-periods using FY25 FX rates 2) Where applicable, prior-period Online Sales and Online Sales Growth figures have been re-stated, reflecting updated internal Management Reporting
Slide 23: Reconciliation – Statutory Profit to Underlying – FY25
22 RECONCILIATION – STATUTORY PROFIT TO (1) UNDERLYING – FY25 This slide contains the following visuals: Statutory to Underlying Reconciliation ,slicer ,slicer ,pivotTable ,slicer ,Button Adj Other Filters ,Currency ,Group - FY25 Statutory to Underlying Reconciliation ,advancedSlicerVisual. Please r
Slide 24: Banking covenant ratios on underlying basis
23 This slide contains the following visuals: Interest Coverage Banking Covenant >3.0X ,pivotTable ,slicer ,Net Leverage Banking Covenant < 2.6X ,pivotTable ,Banner ,slicer ,clusteredColumnChart ,Button Adj Other Filters ,Currency ,advancedSlicerVisual ,pivotTable. Please refer to the notes on this
Slide 25: Return on equity, capital employed and cash conversion
24 This slide contains the following visuals: Outer Frame ,Interest Coverage ,slicer ,Net Leverage ,Inner Frame ,Return on Equity ,Return on Capital Employed ,advancedSlicerVisual ,Net Debt ,Cash Conversion ,slicer. Please refer to the notes on this slide for details 1) The above are presented on an
Slide 26: FY25 Old methodology vs. new same-store sales
25 FY25 OLD METHODOLOGY VS. NEW ▪ New SSS methodology reflected from FY25 onwards, with prior-periods using old method FY25 New Old Diff Country/ Region ▪ Same-store Sales (SSS) methodology has been simplified, resulting in more stores being ANZ -0.36% -0.35% -0.01% included as “same-store”, with c.
Slide 27: Forward-looking statements notice
26 ▪ Domino’s Pizza Enterprises Limited (Domino’s) advises that the information in this presentation contains forward looking statements which may be subject to significant uncertainties outside of Domino’s control ▪ DPE does not undertake any obligation to provide recipients of this presentation wi
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