Domino's Pizza Enterprises Limited (DMP) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining the Domino's Pizza Enterprises limited half-year earnings call. I'm just going to wait a few moments while the attendees populate. Okay, well, thank you. I can now see the attendees are now on the call. My name is Nathan Scholes. I'm the Chief Communications and Investor Relations Officer for Domino's Pizza Enterprises. On the call today, Mark Van Dyke, Group CEO and Managing Director, and Richard Coney, Group CFO. At the end of today's presentation, we'll move to a Q&A, at which point we'll take questions in turn by unmuting and hearing from you directly. As previously, we'll take a question and a follow-up, and then you'll rejoin the queue. Thank you very much, and over to you, Mark. Thank you, Nathan. Good morning, and thank you all for joining us today. The plans I outlined for you earlier this month have not changed. So today, in addition to a discussion on our first half results, I'll reiterate some of the key elements around our approach to our strategic review, and I'll outline how we intend to get value creation model back delivering returns for all stakeholders, particularly shareholders, and the work that will help us achieve that. Domino's is one of the world's great brands with decades of experience serving our customers, providing opportunities for franchise partners and delivering returns for shareholders. First, I'd like to run through our top line results and provide an update on the work that we're doing to return to sustainable growth. Let me assure you, this is not business as usual. Richard, our CFO, will then provide an update on our financial performance. I'll come back to summarize, and we'll open it up for Q&A. Less than three weeks ago, we announced we were closing 205 loss-making stores, mainly in Japan, and mostly ope...