Why PLS, Perseus Mining and Domino's shares are making waves on Thursday

Domino's, PLS, and Perseus Mining shares are grabbing headlines today. But why?

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PLS Group Ltd (ASX: PLS), Perseus Mining Ltd (ASX: PRU), and Domino's Pizza Enterprises Ltd (ASX: DMP) shares are turning heads today.

Two of the S&P/ASX 200 Index (ASX: XJO) heavyweights are racing ahead of the 0.5% losses posted by the benchmark index during the Thursday lunch hour, while one is trailing those returns.

Here's what's catching investor interest.

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Image source: Getty Images

Domino's shares surge on turnaround success

Domino's shares are off to the races today following the release of the company's preliminary FY 2026 results.

And investors are responding enthusiastically.

At the time of writing, shares in the ASX 200 fast food pizza retailer are swapping hands for $20.34, up 13.3%.

Over the financial year, the company reviewed its assets and operational priorities to improve its profitability, strengthen its franchisee economics, and boost cash generation.

This saw Domino's achieve $60 million to $70 million in annualised cost savings. The company said this was primarily through headcount reduction, along with savings in IT and supplier input costs.

In its preliminary and unaudited results, Domino's reported a 246% year-on-year increase in free cash flow to $164 million. And its franchisee profitability increased by 11.3% (in constant currency) over the 12 months to the end of Q3 FY 2026.

On the bottom line, Domino's shares look to be getting support with the company achieving profit guidance, reporting net profit after tax (NPAT) in the range of $118 million to $122 million.

PLS shares jump on revenue boost

Joining Domino's shares in the headlines, and also outperforming today on the heels of its June quarter update, is PLS, formerly known as Pilbara Minerals.

Shares in the ASX 200 lithium stock are up 3.1% at time of writing, trading for $4.23 apiece.

Highlights include a 17% year-on-year increase in full-year FY 2026 production to 879,500 tonnes of spodumene concentrate, marking a new record.

PLS sold 891,600 tonnes of spodumene concentrate during the year, also up 17%.

And PLS shares look to be getting some added support, with the lithium miner reporting a 13% increase in the average realised price it received in the June quarter to US$2,107 per tonne.

That helped lift the June quarter revenue to $743 million, up 31% quarter on quarter.

Turning to the balance sheet, as at 30 June, PLS reported cash of $2.29 billion, up 57% for the quarter.

Which brings us to…

Perseus Mining shares dip despite gold production lift

Joining PLS and Domino's shares in grabbing headlines today is Perseus Mining.

Shares in the ASX 200 gold stock are down 1% at the time of writing, changing hands for $4.90 each. That comes despite the miner releasing a strong June quarter update.

Highlights for the three months to 30 June included a 2% quarter-on-quarter increase in gold production to 109,013 ounces. The miner produced that gold at an all-in site cost (AISC) of US$1,941 per ounce.

And Perseus closed out the financial year with a boosted cash and bullion balance of US$1.03 billion, surpassing the US$1 billion mark for the first time.

Perseus Mining CEO Craig Jones noted:

That balance sheet strength gives us the flexibility to keep investing in our growth pipeline while continuing returns to shareholders as reflected in the board's decision to upsize our buyback to $150 million this quarter.

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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