GO
Loading...

Domino’s May Deliver But How About Its Stock?

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.




______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On July 30, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Terranova owns (AMZN), (EMC), (CREE), (BRCM), (LRCX), (COP), (AXP), (BMO), (CSX), (PEP), (CVS), (GS), (PCP), (C), (APA), (FCX), (JOYG), (MMM), (MOS), (UAUA), (WYNN), (GOOG), (BBY), (SU), (KOL), (XBI), (BAX), (JNPR), (UAUA), (RIMM); Finerman owns (AAPL); Finerman’s firm owns (BDX); Finerman’s firm owns (COV); Finerman’s firm owns (STS); Finerman owns (JPM); Finerman’s firm owns (JPM); Finerman owns (BAC); Finerman’s firm owns (BAC); Finerman’s firm owns (RIMM); Finerman owns (RIMM); Grasso owns (ASTM), (ABK), (BAC), (BA), (BGP), (C), (CSCO), (DYN), (JPM), (LPX), (MO), (NDAQ), (PFE), (PRST)

For Joe Terranova
Terranova works for (VRTS)
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners owns more than 1% of (CASS)
Virtus Investment Partners owns more than 1% of (LDR)
Virtus Investment Partners owns more than 1% of (LPHI)
Virtus Investment Partners owns more than 1% of (MGRC)
Virtus Investment Partners owns more than 1% of (XLB)
Virtus Investment Partners owns more than 1% of (XLP)
Virtus Investment Partners owns more than 1% of (XLY)
Virtus Investment Partners owns more than 1% of (XLI)
Virtus Investment Partners owns more than 1% of (XLK)
Virtus Investment Partners owns more than 1% of (XLU)
Virtus Investment Partners owns more than 1% of (SUBK)
Virtus Investment Partners owns more than 1% of (WDFC)
Virtus Investment Partners owns more than 1% of (YDNT)
Virtus Investment Partners owns more than 1% of (DRYS)

For Steve Grasso
Stuart Frankel & Co and it’s partners own (BAX)
Stuart Frankel & Co and it’s partners own (COG)
Stuart Frankel & Co and it’s partners own (CUBA)
Stuart Frankel & Co and it’s partners own (DHR)
Stuart Frankel & Co and it’s partners own (DYN)
Stuart Frankel & Co and it’s partners own (ESV)
Stuart Frankel & Co and it’s partners own (GERN)
Stuart Frankel & Co and it’s partners own (HSPO)
Stuart Frankel & Co and it’s partners own (LEN)
Stuart Frankel & Co and it’s partners own (MERC)
Stuart Frankel & Co and it’s partners own (NWS.A)
Stuart Frankel & Co and it’s partners own (NYX)
Stuart Frankel & Co and it’s partners own (PDE)
Stuart Frankel & Co and it’s partners own (PFE)
Stuart Frankel & Co and it’s partners own (PRST)
Stuart Frankel & Co and it’s partners own (RDC)
Stuart Frankel & Co and it’s partners own (SYMC)
Stuart Frankel & Co and it’s partners own (TBT)
Stuart Frankel & Co and it’s partners own (TLM)
Stuart Frankel & Co and it’s partners own (TRV)
Stuart Frankel & Co and it’s partners own (XRX)
Stuart Frankel & Co and it’s partners own (SDS
Stuart Frankel & Co and it’s partners are short (QQQQ)
Stuart Frankel & Co and it’s partners are short (KEG)

For Patty Edwards
Edwards owns (AAPL) for clients
Edwards owns (AA) for clients
Edwards owns (CVX) for clients
Edwards owns (COH) for clients
Edwards owns (FCX) for clients
Edwards owns (INTC) for clients
Edwards owns (TXN) for clients
Edwards owns (WFMI) for clients

For John Stephenson
First Asset Investment Management Owns (GLD), (FCX), (AA), (CVX), (CVE)
Stephenson Owns (GLD), (FCX), (CVE)



CNBC.com with wires

Symbol
Price
 
Change
%Change
DPZ
---

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report