Domino's FY26 Earnings Update and Balance Sheet Review
Key points
- Preliminary unaudited underlying NPAT expected to be in the range of $118m - $122m
- Preliminary unaudited free cash flow expected to be approximately $164.0m
- Same Store Sales for FY26 was (-4.1%) due to adverse weather conditions
Full summary
Domino's Pizza Enterprises Ltd. (DMP.ASX) has provided an update on its FY26 earnings and balance sheet. The company expects preliminary unaudited underlying NPAT to be in the range of $118m - $122m, consistent with previously communicated guidance. Free cash flow is expected to be approximately $164.0m, an increase of $116.6m compared to FY25. Same Store Sales for FY26 were (-4.1%), impacted by adverse weather conditions in Europe. The company also expects to recognize total balance sheet write-downs of approximately $259.0m for FY26, of which approximately $246.0m are expected to be non-cash. Domino's has reaffirmed its FY26 underlying earnings guidance and delivered on its operational and financial priorities, including cost reduction, refinancing, and improved free cash flow generation.
Guidance
Preliminary unaudited underlying NPAT expected to be in the range of $118m - $122m for FY26
Outlook
The company enters FY27 from a position of financial strength, with strong free cash flows, net leverage of around 1.9 times and significant covenant headroom.
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