Domino’s Pizza China net profit rises 22.9% in H1 2026

Basic earnings per share (EPS) rose 24% YoY to $0.09 (RMB0.62).

Domino’s Pizza China (DPC Dash) posted an unaudited net profit of $12.1m (RMB81m) for the six months ended 30 June 2026, up 22.9% from $9.8m (RMB65.9m) a year earlier.

Revenue increased 20.8% year-on-year (YoY) to $465.7m (RMB3.13b), compared with $385.4m (RMB2.59b) in the first half of 2025.

Adjusted net profit rose 7.4% to $14.6m (RMB98.2m). However, adjusted net profit margin fell to 3.1% from 3.5% in the same period last year.

The company’s transaction volume grew 33.7% YoY, driven by its expanding national store network, whilst same-store transaction count increased 7.1%.

Despite higher transaction volumes, same-store sales growth (SSSG) declined 4.8%, compared with a 1% decline in H1 2025 and a 1.9% decline in H2 2025.

DPC Dash attributed the decline primarily to lower realised average transaction price (ATP).

In its initial city markets, SSSG fell 3.5%, compared with growth of 1.1% in H1 2025 and 0.5% in H2 2025.

New city markets recorded a 9.4% decline in SSSG.

Whilst still negative, the figure continued to narrow from a 19.6% decline in H1 2025 and a 13.2% decline in H2 2025.

Store-level EBITDA rose 8.3% to $81.0m (RMB544.5m). Store-level EBITDA margin, however, declined to 17.4% from 19.4%.

Adjusted EBITDA increased 8.6% to $52.2m (RMB350.7m), whilst adjusted EBITDA margin fell to 11.2% from 12.4%.

DPC Dash opened 235 net new stores and entered 15 new cities during the first half of the year.

As of 30 June, its network had reached 1,550 stores across 75 cities, including 532 stores in Tier 1 cities and 1,018 in non-Tier 1 cities.

The company is targeting approximately 350 net new stores for the full year, after accounting for store closures.

As of 14 August, DPC Dash had opened another 27 stores, with 38 stores under construction and 36 stores signed or approved.

The company’s basic earnings per share (EPS) rose 24% YoY to $0.09 (RMB0.62), whilst diluted EPS increased 24.5% to $0.09 (RMB0.61).

($1 = RMB6.72)