Domino’s Pizza has added to its already significant global footprint with the $79 million purchase of its Taiwan counterpart.
The booming performance of retail chain stores has continued with Domino’s recording an underlying profit of $96.2 million, an increase of 32 per cent as its global food sales passed $1.84 billion.
Fast-food retailer Domino’s is closing in on a record $100 a share handing its chairman Jack Cowin a fortune of almost $1 billion in a year in share price growth.
Dominos sales may have boomed during the global lockdowns but earnings at its Australia and New Zealand business fell by almost 6 per cent for the year to June 30 year after it propped up struggling stores.