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Posted:
2017-08-23 00:38:06
Shareholders gave Domino’s a severe case of indigestion when the fast food retailer reported lower earnings for the 2017 full financial year than the company had forecast last February.
Underlining the volatility of the retail stocks on the sharemarket, investors reacted savagely to the retailer missing its profit guidance and sliced $854 million or close to 20 per cent from its market capitalisation.
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