Domino’s losing dough after gangbusters growth

Pizza chain Domino’s will close as many as 60 stores – half of them in Australia and New Zealand – after posting its biggest loss in decades. Investors are focusing on the positives, prompting a share price jump. But Domino’s is far from out of the woods, as skyrocketing inflation and some risky business decisions bite. So, can the servers of super-cheap pizza bounce back? Senior Business Reporter Eli Greenblat is here. Read more about this story at theaustralian.com.au and see the video by subscribing to our YouTube channel. Domino’s Pizza hit by $300m impairment as global expansion plan backfires This episode of The Front is presented and produced by Kristen Amiet and edited by Tiffany Dimmack. Our regular host is Claire Harvey and our team includes, Lia Tsamoglou, Joshua Burton and Jasper Leak, who also composed our music. See omnystudio.com/listener for privacy information.