Latest news with #DominosPizza
The Sun
8 hours ago
- Entertainment
- The Sun
First look at new £165million theme park opening in Spanish hotspot – five years after being abandoned
NEW plans have finally been revealed for the reopening of the much-loved Tívoli World amusement park in Spain. Located in Costa del Sol, Tívoli World closed back in 2020 due to financial constraints and the global Covid-19 pandemic. 3 But plans have been approved by authorities who met yesterday and will see if increase in size to include a large tourist complex with shops. First images of the site reveal that it could have a large wheel and a free-fall tower and that the shopping are will have brands like Domino's Pizza, Forster's Hollywood, Rodilla or La Tagliatella, according to Sur in English. These details will be confirmed at a later stage though. There is also expected to be two new hotels. However, the council has agreed that Tívoli will reopen before or alongside the complete complex. In total, the park is expected to cost over €200million (£165million) to redevelop and estimated to create around 1000 new jobs. As part of the agreement, Tivoli World will rehire previous employees - who over the past years have maintained and guarded the park whilst it has been closed to the public. Many former fans of the park took to social media to express their joy at the news. One user said: "It should be brought back bigger and more beautiful. Great." Another added: "Itching to go back to Tivoli." Kids can enter Diggerland for free with this trick Tívoli World was formerly loved for being a family entertainment hub, having originally opened in 1972. The first owner of the attraction - Dane Bent Olsen - dubbed the park as a "factory of illusions" according to Euro Weekly, with fireworks, a rollercoaster, a Chinese pagoda, a lake with boars and around 20 fountains that offered water, light and sound shows. The Mayor, Juan Antonio Lara commented that it was a historic step and that "we have no time to waste". "We're pulling out all the stops to fast-track the process," said Lara. 3 Tivoli World is around a half-an-hour drive from Malaga or about 40 minutes on the train. According to Experience UK, the park is anticipated to reopen in 2028. There are also a number of other great spots to explore surrounding the park including stunning sandy beaches such as Playa de los Álamos. And if you are wanting another attraction for the family, just down the road is Aqualand Torremolinos - which is home to a range of different water slides, a large jacuzzi, children's paradise and will soon have speed racer slides too. A popular beachfront theme park has also been forced to close twice a week. Plus, a major U K theme park to get huge new land by 2027 with rollercoasters, kids rides and indoor attractions. 3
Reuters
10 hours ago
- Business
- Reuters
Darden Restaurants lifts sales forecast, beats quarterly estimates on casual dining demand
June 20 (Reuters) - Darden Restaurants (DRI.N), opens new tab forecast annual same-store sales above estimates after strong quarterly results on Friday, banking on demand driven by food delivery and advertising efforts at its casual dining chains such as Olive Garden. Shares of the company rose about 3% in premarket trading after the company also announced a new $1 billion share repurchase program. Casual dining and fast casual restaurant chains, including Olive Garden and Shake Shack (SHAK.N), opens new tab, have benefited from menu innovations and promotions to entice customers, offsetting the impact of consumers turning to home-cooked meals to save money. Meanwhile, fast food chains including burger giant McDonald's (MCD.N), opens new tab, Starbucks (SBUX.O), opens new tab and Domino's Pizza (DPZ.O), opens new tab have been struggling with tepid demand. Darden expects annual same-store sales to grow in the range of 2% to 3.5%, midpoint of which is above analysts' estimates of 2.64%, as per data compiled by LSEG. Initiatives such as home deliveries with the help of Uber Direct and "buy one, take one" offerings at Olive Garden have further helped the restaurant chain operator. Its consolidated same-store sales were up 4.6% in the quarter compared to a year ago, with Olive Garden sales rising 6.9%. The company posted fourth-quarter sales of $3.27 billion, edging past estimates of $3.26 billion. It logged adjusted profit of $2.98 per share for the quarter ended May 25, above estimates of $2.97 per share, owing to moderate price hikes and lower input costs. However, the company forecast annual earnings per share between $10.50 and $10.70, compared with estimates of $10.75 per share.
Yahoo
10 hours ago
- Business
- Yahoo
Darden Restaurants lifts sales forecast, beats quarterly estimates on casual dining demand
(Reuters) -Darden Restaurants forecast annual same-store sales above estimates after strong quarterly results on Friday, banking on demand driven by food delivery and advertising efforts at its casual dining chains such as Olive Garden. Shares of the company rose about 3% in premarket trading after the company also announced a new $1 billion share repurchase program. Casual dining and fast casual restaurant chains, including Olive Garden and Shake Shack, have benefited from menu innovations and promotions to entice customers, offsetting the impact of consumers turning to home-cooked meals to save money. Meanwhile, fast food chains including burger giant McDonald's, Starbucks and Domino's Pizza have been struggling with tepid demand. Darden expects annual same-store sales to grow in the range of 2% to 3.5%, midpoint of which is above analysts' estimates of 2.64%, as per data compiled by LSEG. Initiatives such as home deliveries with the help of Uber Direct and "buy one, take one" offerings at Olive Garden have further helped the restaurant chain operator. Its consolidated same-store sales were up 4.6% in the quarter compared to a year ago, with Olive Garden sales rising 6.9%. The company posted fourth-quarter sales of $3.27 billion, edging past estimates of $3.26 billion. It logged adjusted profit of $2.98 per share for the quarter ended May 25, above estimates of $2.97 per share, owing to moderate price hikes and lower input costs. However, the company forecast annual earnings per share between $10.50 and $10.70, compared with estimates of $10.75 per share.
News.com.au
12 hours ago
- Business
- News.com.au
Criterion: Back up the dumpster! It's time for an EOFY share purge
Potential tax loss selling candidates include ASX200 inclusions Domino's Pizza Enterprises and IDP Education Investors may want to offset capital gains from successful AI and Trump-related plays But beware: tax-loss selling is governed by ATO rules Tax-loss selling is a fine judgment call, because the dud shares can be on the cusp of a brilliant recovery. In some cases, their worth has been further devalued by EOFY selling that in theory will ease after June 30. But for investors sitting on capital gains from an AI driven splurge on data centres or a fear-driven plunge into gold, offsetting the gains by selling the lost causes makes sense. Or maybe hey want to lighten up on Commonwealth Bank (ASX:CBA) shares and offset the healthy gains Investors must ensure they are genuinely exiting the position, with the taxman's 'wash' rules preventing repurchasing within 45 days. Even then, investors must justify their action, such as independent research changing a call on a stock from 'sell' to 'buy'. Domino's prospects are as flat as its pizza Amid a string of downgrades, Domino's Pizza Enterprises (ASX:DMP) shares have lost 88% of their value since peaking in September 2021. Domino's problems include underperforming French and Japanese operations, while measures including store closures have failed to turn the company's fortunes. Long-time CEO Don Meij departed in November last year, while the Europe and Japan chiefs have also left the building. As with McDonald's decades previously, Dominos mastered the art of industrial scale, ultra fast production. Maybe the world has reached peak pizza … if that's possible. Busted flush Having seen 70% of the value of their holdings vanish over the past year, Star Entertainment Group (ASX:SGR) investors would have been better off at the blackjack table … and that's not saying much. The owner of gambling dens in Sydney, Brisbane and the Gold Coast, Star was crippled by money laundering and other governance controversies. Star is subject to a convertible note/debt-based rescue bid from US casino operator Bally's Corporation. An independent expert report dubs the proposal as 'not fair' to shaeholders but 'compelling' nonetheless, given the company's dire position. Investors should take the hint. Also pinged for money laundering transgressions, SkyCity Entertainment Group (ASX:SKC) last month warned of 'deteriorating' trading conditions at its Auckland and Adelaide casinos. Skycity shares have fallen 36% over the year. Morningstar dubs them as 'materially undervalued', but the company's luck doesn't look like turning any time soon. A sobering lesson Shares in overseas student wrangler IDP Education (ASX:IEL) plunged 50% after a June 3 profit warning, erasing $1 billion of value. IDP has nowhere to run, with its key geographies of Canada, Australia, the UK and the US all executing migration crackdowns. Overseas students made for a once thriving export industry, but the crackdown has cooked and plucked that golden goose. IDP remains the industry leader and management points to a recovery. The stock remains one class worth wagging, in our humble view. The stock has lost an astonishing 75% over the last year. Shooting Bambi Selling CSL (ASX:CSL) shares is like shooting Bambi, given the almost certain demand for its life-saving plasma derived products. Once the biggest ASX company, CSL has lost 17% of its value because of weakness in its Seqirus flu vaccine division and its acquired Vifor kidney health arm. Lingering concerns over Donald Trump's tariff and drug pricing have also weighed on sentiment. Broker Wilsons describes CSL as 'thorougly over owned'. But - hey - the experts said the same about CBA shares, which continue to defy gravity. Cochlear (ASX:COH) shares also are off the pace. In an earnings downgrade last week, the company noted weakness in developed markets for implant and sound processor sales. New implant and processor products might put things right, but so far investors aren't listening. Small cap cleanout candidates Call recording house Dubber Corp (ASX:DUB) in March 2024 discovered that $30 million of funds had gone missing. This week, the company said it would sue its external auditors over the unrecovered $26.6 million. But with investors sitting on an 80% loss since the incident, they probably should hang up. In the retail sector, shares in plus-sized clothier City Chic Collective (ASX:CCX) have shrunk 35% over the year and 97% over five years. The company recently warned of poor trading here and in the US, while tariffs are a worry. Weight Watchers filed for US bankruptcy in May and Ozempic sales are booming, so maybe there's a nexus. Owner of Kathmandu, KMD Brands (ASX:KMD) on Thursday signalled peak puffer jacket with a weak earnings outlook.
Yahoo
a day ago
- Business
- Yahoo
Domino's® Announces Q2 2025 Earnings Webcast
ANN ARBOR, Mich., June 19, 2025 /PRNewswire/ -- Domino's Pizza, Inc. (Nasdaq: DPZ) announces the following event: What: Domino's Second Quarter 2025 Earnings Webcast When: Monday, July 21 at 8:30 a.m. ET Where: How: Live webcast (web address above) Contact: Greg Lemenchick, Vice President of Investor Relations investorrelations@ This event will be archived on Domino's website for replay. Results and supplemental material will be distributed at 6:05 a.m. ET on July 21, 2025, and will be available on our website. About Domino's Pizza® Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 21,300 stores in over 90 markets. Domino's had global retail sales of over $19.2 billion in the trailing four quarters ended March 23, 2025. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the first quarter of 2025. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2024 via digital channels and has developed many innovative ordering platforms. Order – Company Info – Assets – Please visit our Investor Relations website at to view news, announcements, earnings releases, investor presentations and conference webcasts. View original content to download multimedia: SOURCE Domino's Pizza, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
