Description
Domino’s Pizza delivered a disappointing result barely managing to meet analyst expectations with respect to its revenues and missing out on earnings. Global retail sales in the quarter grew, excluding the negative impact of the foreign currency. The company, along with its franchisees, opened more than 200 net new stores with net new store additions in 44 markets. Domino’s has maintained its lead over its relevant QSR competition in many aspects and continued building brand equity by focusing on metrics such as value, taste, and net promoter score. Carryout continues to be a massive opportunity and growth lever for Domino’s. Throughout the quarter the delivery service of the company showed improvements. The corporate stores are also continuing to strengthen. From the innovation standpoint, the company launched incremental platforms, which work well into its mix-and-match deal. We provide the stock of Domino’s Pizza with a ‘Hold’ rating and a revision in the target price.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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