Business
Domino’s buckles down for three more years of COVID, more lockdowns – Sydney Morning Herald
The pizza chain’s CEO says Australia could be living with COVID-19 for another two to three years and is preparing for more Victorian-style strict lockdowns.
Investor enthusiasm for the company’s international growth, along with a bullish trading update for the new financial year, drove the pizza maker’s shares up over 10 per cent to a new all-time high of $85.20.
“We’re very realistic about the world we operate in, and we wouldn’t hesitate to support our franchisees again if we go into any deep lockdowns,” he said.
“The inevitability is that COVID is alive, and as we’ve seen in New Zealand, at any time we could see markets go into more restrictive…
-
General19 hours agoAlbanese government pours $12 billion into expanding AUKUS defence facility near Perth
-
Business16 hours agoWhy Macquarie expects this ASX 200 dividend stock to surge 30%
-
Noosa News15 hours agoGold Coast beaches restoration plan deemed ‘destined to fail’
-
General19 hours agoTrump pushes NATO nations to stop Russian oil purchases