Domino's reports $22.2 million loss as it closes 205 stores worldwide

Domino's reported a net loss of $22.2 million for the six months ending December 29, largely due to $115.6 million in costs from store closures and restructuring. The company plans to optimize costs and simplify operations. The closure of 205 unprofitable stores includes 172 in Japan and several in Europe and Australasia. Despite challenges in Japan and France, Domino's saw some growth in Australia, though overall sales fell 6.4% to $1.17 billion. Domino's will still pay a dividend of 55.5 cents per share on April 2. The CEO stated that the company is focused on improving performance and restoring value for shareholders through tighter controls and profitable sales growth.