Jul 30, 2026 – 12.22pmDomino’s Pizza Enterprises says changes to its sales strategy are improving profitability for franchisees, while reaffirming its profit guidance, in a market update that triggered a squeeze of short positions built up in the stock.Gains of over 11 per cent in the shares on Thursday came despite the pizza chain also disclosing late on Wednesday around $260 million in write-downs, led by its struggling businesses in France and Taiwan, and plans to close 60 stores globally.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles