HONG KONG, Mar 28, 2025 - (ACN Newswire) - China's consumer market has shown strong resilience, driven by policy guidance and demand release. In 2024, domestic consumer market vitality strengthened as consumer enthusiasm grew steadily, and experts predict that consumption will maintain a trend of stable growth in 2025.
Against this backdrop of steady growth in the consumer market, DPC Dash – Domino’s Pizza China released its full-year earnings results on March 27, 2025, reaffirming its leading position in the Chinese pizza market with an impressive report card that combines scale and quality. In 2024, DPC Dash, Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, achieved sustainable growth and profitability in the promising Chinese pizza market driven by its 4D strategy: Development, Delicious Pizza at Value, Delivery, and Digital. The company's annual revenues reached RMB4.31 billion, a year-on-year increase of 41.4%, and adjusted net profit surged 1,394.2% year-on-year, with the Company achieving both positive annual as-reported and adjusted net profit for the first time.
Strategic Deepening: Full-Chain Competitiveness from Store Network to Digitalization
DPC Dash’s growth momentum stems from its continuous deepening of the 4D strategy. In terms of store network development, the company adopted a "go deeper, go broader" store network strategy, with a net increase of 240 stores throughout the year and nearly 90% of new stores located in cities outside of the top tier, bringing the total number of stores to over 1,008, covering 39 cities in mainland China. The accelerated expansion of the store network reflects DPC Dash's strong confidence in seizing market opportunities. According to Frost & Sullivan data, DPC Dash ranked second in pizza sales nationwide in 2024. As of December 31, 2024, the Chinese mainland market ranked as the third-largest Domino's Pizza international market by store count.
At the beginning of 2025, the Company’s entry into six new cities, including Nanchang and Yantai, further expanded the national market layout, demonstrating the company's ongoing commitment to its expansion strategy. DPC Dash announced plans to open approximately 300 new stores in 2025. From early 2025 to March 14, 2025, it has opened an additional 82 stores, with 26 stores under construction, and 62 stores signed, securing 56% of its annual opening target and placing the Company firmly on track to complete the high-quality store expansion plan on schedule.
Meanwhile, new stores in new cities are showing strong sales momentum, gradually enhancing the brand's influence. The Shenyang debut store set a new global record with approximately RMB11.1 million in revenue during its first month. The payback periods for the 80 new stores that opened in 18 new cities between December 2023 and December 2024 average 12 months. As of early 2025, DPC Dash holds all 40 top positions in Domino's global system for first 30-day sales, proving the brand's explosive appeal in mainland Chinese cities. Both store-level and company-level profitability indicators have significantly improved, with store-level operating profit and store-level operating profit margin continuing to grow, while adjusted net profit improved nearly tenfold.
A robust product portfolio and operational efficiency synergy combine to provide another growth engine for DPC Dash. Through innovative combinations of 30 pizza varieties and approximately 20 crust options, DPC Dash accurately captures local consumer preferences, driving repeat purchases among young customers with various popular crusts. Due to high dine-in and carry-out demand in new markets, the Company suspended delivery services temporarily at some locations to meet consumers’ needs, with plans to gradually resume them at appropriate times, which also provides a potential source of future growth. Relying on central kitchens and a digital delivery system, DPC Dash’s "30-minute delivery" and supply chain efficiency optimization not only ensures user experience but also drives store-level operating profit margin up to 14.5%.
A breakthrough in digital capabilities is another highlight. In 2024, the company won several awards, including the Best Digitalization Award (Food and Dining Category) at the 15th Tiger Roar Awards and Top 20 Digitalized Enterprise by CDIE 2024. The digital-driven order system and refined operations of over 24.5 million members continuously improve labor efficiency and store efficiency. Classic promotional activities such as “Crazy Tuesday & Wednesday" and "Mega Week (BOGO)" on its self-operated online ordering channels in select cities, along with multiple limited-time brand collaboration activities with Tencent, NetEase and others, further enhanced consumer goodwill and strengthened consumer-brand interaction in 2024. Additionally, the intelligent transformation of the supply chain infrastructure will gradually reduce costs, providing underlying support for profitability improvement.
Industry Resonance: Positioning in the Hundred-Billion Market, Globalization and Localization Progress Together
DPC Dash’s explosive growth is closely intertwined with the release of industry dividends. According to data from industry research reports, the scale of China's pizza market is expected to reach RMB60.8 billion in 2025 and exceed RMB77.1 billion in 2027, with a compound annual growth rate of 15%. The online market opportunities are opening up incremental space for leading brands. In 2022, the online share of China's pizza industry surpassed offline at 58.1%, and the industry will further accelerate its digital transformation. DPC Dash continues to expand its market share with its first-mover advantage in the digital delivery system.
The combination of global resources and localized innovation further strengthens its competitive advantages. Backed by the brand reputation and R&D experience of over 21,300 Domino's Pizza stores worldwide, the company can bring a global experience through signature products while offering localized flavors for Chinese consumers. This “international gene plus local operation" model creates a dual moat in brand recognition and product adaptability.
Future Blueprint: Dual Symphony of Scale Expansion and Deepening Efficiency
In 2024, DPC Dash successfully opened its 1,000th store in Chengdu, Sichuan, marking an important milestone in the company's development history. Standing on the milestone of its first thousand stores, DPC Dash is accelerating towards the next stage.
Recognition from the capital market also injects confidence into the Company’s sustainable development . In 2024, it was selected as a constituent stock for the Hong Kong Hang Seng Composite Index, and included in both the Shanghai-Hong Kong Stock Connect Program and the Shenzhen-Hong Kong Stock Connect Program.
DPC Dash was also included in New Fortune's "2024 Best Hong Kong Listed Companies" ranking, and received the 2023 Best IPO Award from China Financial Market 2024 and other accolades. Since its IPO in 2023, as of the date of this article, the Company's stock price has risen nearly 120% from the issue price of HK$46, with a market capitalization exceeding HK$13 billion. Its liquidity has also significantly improved. As industry concentration increases and consumption upgrade trends deepen, DPC Dash, with its strategic determination and execution capabilities, is positioned to continue to lead in the hundred-billion market, writing a new chapter of steady growth.
(SeaPRwire) - 两名飞行员和一名乘客在坠毁前成功逃生
一段事故录像显示,法国著名特技飞行表演队的两架军用喷气式飞机在法国进行特技彩排时在空中相撞,坠落地面并爆发火球。
法国空天军在X上写道,三人——两名飞行员和一名乘客——在坠毁前成功弹射,并且“被发现时意识清醒”。 这起坠机事件发生在法国东部 Saint-Dizier 的一个空军基地附近,当时法国空军的精密特技飞行表演队 Patrouille de France 的六架 Alpha Jets 正在进行训练演习。
旁观者拍摄的录像显示,飞机在进行特技表演并释放出烟雾轨迹时,在空中相撞。随后,飞机螺旋式坠向地面,可以看到机组人员弹射并打开降落伞。 不久之后,飞机坠落地面并爆发出一团火。
🇫🇷 Nouvelle vidéo de l'accident aérien de la Patrouille de FranceL'agence France-Presse a publié une vidéo du crash de l'avion Alpha Jet de la Patrouille de France.Plus tôt dans la journée, deux avions du groupe sont entrés en collision alors qu'ils effectuaient des… — Grelet J-Christophe (@JCGRELET)
法国国防部长 Sebastien Lecornu 在 X 上确认了这起事故,并指出紧急服务部门已迅速部署到现场。
“他们受了轻伤,已得到照顾,”他写道。“感谢动员起来的紧急服务部门,向法国巡逻队的飞行员致以问候。”
Saint-Dizier 市长 Quentin Briere 表示,据《Le Parisien》报道,其中一架飞机撞上了一个粮仓,引起爆炸,而另一架飞机则坠落在农田上。 没有地面人员伤亡的报告。
Crash de deux Alpha Jet de la Patrouille de France à Saint-Dizier 💥 . — Ivs (@Ivs125034)
据《Le Figaro》报道,有两人被送往附近医院,情况被描述为“相对紧急”。 据报道,第三人被确认为多处受伤,正在接受军队的治疗。
法国当局表示,目前尚不清楚是什么原因导致了这次碰撞。
Alpha Jet 是一种双座轻型攻击和高级教练机,由法国的 Dassault Aviation 和德国的 Dornier 公司在 1970 年代开发。它主要用于飞行员训练和特技飞行表演。
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