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By John Biju
(Reuters) - Shares of Australia's Domino's Pizza Enterprises were heading for their biggest intraday jump ever on Friday, after the pizza chain operator flagged the closure of 205 loss-making stores and signalled a positive start to the second half of fiscal 2025.
The company's stock rose as much as 23.8% to A$36.68 as of 0011 GMT, heading for its strongest gain ever, and hit its highest level since October 21, 2024. The benchmark ASX200 index was largely unchanged.
The company e...
>>> Read more: Domino's Australia franchise surges on store closures, upbeat start to second half of fiscal 2025
(Reuters) - Shares of Australia's Domino's Pizza Enterprises were heading for their biggest intraday jump ever on Friday, after the pizza chain operator flagged the closure of 205 loss-making stores and signalled a positive start to the second half of fiscal 2025.
The company's stock rose as much as 23.8% to A$36.68 as of 0011 GMT, heading for its strongest gain ever, and hit its highest level since October 21, 2024. The benchmark ASX200 index was largely unchanged.
The company e...
>>> Read more: Domino's Australia franchise surges on store closures, upbeat start to second half of fiscal 2025