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By Himanshi Akhand
(Reuters) - Shares in Australia's Domino's Pizza Enterprises posted a record drop on Thursday, after the retail food outlet operator withdrew its fiscal 2024 outlook and its first-half profit forecast missed expectations.
The stock slumped as much as 31.1% to A$39.50, its lowest since August 2019, and was the top laggard on the benchmark index, which was up 0.3% as of 0038 GMT.
After market hours on Wednesday, Domino's said it expected first-half preliminary net profit befo...
>>> Read more: Australia's Domino's Pizza plummets on withdrawing annual outlook, rating downgrades
(Reuters) - Shares in Australia's Domino's Pizza Enterprises posted a record drop on Thursday, after the retail food outlet operator withdrew its fiscal 2024 outlook and its first-half profit forecast missed expectations.
The stock slumped as much as 31.1% to A$39.50, its lowest since August 2019, and was the top laggard on the benchmark index, which was up 0.3% as of 0038 GMT.
After market hours on Wednesday, Domino's said it expected first-half preliminary net profit befo...
>>> Read more: Australia's Domino's Pizza plummets on withdrawing annual outlook, rating downgrades
