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Domino’s May Deliver But How About Its Stock?

Friday, 30 Jul 2010 | 5:42 PM ET

You know Domino's delivers but does it stock? Before you place your bets don’t miss our one-on-one with CEO Patrick Doyle.

Over the past week shares of Domino’s have traded lower despite a much better-than-expected second-quarter profit.

Although same store sales rose 8.8%, investors remain concerned that the pizza giant will have to slash prices like competitors Pizza Hut and Papa John's to attract more customers.

The Ann Arbor, Michigan-based company declined to forecast U.S. sales for the rest of the year, except to say consumers were responding well to the new recipe and ordering it again.

As you might remember, Domino's introduced a new recipe in December to address concerns about its taste.

The new pizza, which uses a different cheese blend and has a more garlicky crust, helped Domino's shares more than double since the start of December and led to the strong first-quarter results.

"Customers love this new pizza, so we feel very good about where we are and the momentum in the business," said Chief Executive Patrick Doyle on a conference call.

What else must you know before you trade Domino’s. Watch the video now and find out from CEO Patrick Doyle.

Dominoes Delivers
Dominoes CEO, Patrick Doyle sheds light on consumer demand.




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