4 ASX 200 stocks rocketing higher this week

Investors sent these four ASX 200 shares flying higher this week. But why?

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With only a few hours remaining before the end of trading on Friday, the S&P/ASX 200 Index (ASX: XJO) is up 0.5% for the week, with these four ASX 200 stocks racing ahead of those gains.

Which stocks smashed the benchmark returns this week?

I'm glad you asked!

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Image source: Getty Images

Domino's Pizza Enterprises Ltd (ASX: DMP)

First up, we have Domino's Pizza.

Shares in the fast-food pizza retailer closed last Friday trading for $15.72. At the time of writing, shares are changing hands for $17.36 each, putting this ASX 200 stock up 10.4% for the week.

There's been no fresh price-sensitive news out from the company in some time. But with Domino's shares kicking off this week down 28% year to date, investors may believe that the turnaround story is finally in play.

ALS Ltd (ASX: ALQ)

ALS shares are also enjoying a strong week of outperformance.

Shares in the testing services company closed last Friday trading for $22.20, and are currently trading for $24.29. That sees this ASX 200 stock up 9.4% for the week.

ALS shares look to have enjoyed a belated bump, following Monday's release of the company's full-year FY 2026 results.

Highlights for the 12 months included a 10.7% year-on-year increase in revenue to $3.32 billion. And on the bottom line, ALS reported underlying net profit after tax (NPAT) of $381 million, up 25.8% from FY 2025.

James Hardie Industries PLC (ASX: JHX)

The third ASX 200 stock smashing the benchmark returns this week is James Hardie.

James Hardie shares closed last week at $26.94 and are currently trading at $28.94 apiece, up 7.4%.

On Wednesday, James Hardie released its own full-year FY 2026 results.

The building materials company reported a 25% year-on-year increase in net sales, reaching US$4.84 billion over the 12 months. That growth was spurred by additional sales from the company's acquisition of AZEK, a United States-based outdoor building products company.

Excluding that acquisition, James Hardie's organic net sales were down by 2% from FY 2025.

Which brings us to…

Guzman Y Gomez (ASX: GYG)

Guzman Y Gomez shares are enjoying a welcome week of outperformance.

Shares in the Mexican fast-food restaurant chain closed last Friday trading for $17. At the time of writing today, shares are trading for $20.79, which sees this ASX 200 stock up an impressive 22.3% for the week.

Most of those gains are being delivered today.

Guzman Y Gomez shares are up 15% in early afternoon trade after the company announced that it was exiting its US market, where it's struggled to achieve sales growth.

However, management offered a bullish assessment of Guzman Y Gomez's Australia business, lifting full-year FY 2026 Australia Segment earnings before interest, taxes, depreciation and amortisation (EBITDA) guidance to around $85 million.

That's 29% higher than the company's FY 2025 EBITDA in Australia.

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Domino's Pizza Enterprises. The Motley Fool Australia has recommended Domino's Pizza Enterprises. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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