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Domino's Pizza Net Profit Jumps A Red Hot 18%

Domino's Pizza has delivered an 18 per cent jump in full-year net profit, thanks to strong demand for its pizzas, and forecast comparable store sales to be three to six per cent higher in 2018/19.

Net profit for the year ended July 1 rose to $121.5 million compared to $102.8 million a year earlier, while revenue was up 7.5 per cent to $1.15 billion.

The pizza chain will pay a final dividend of 49.7 cents a share, partially franked, up from 44.9 cents a year earlier.

AAP

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