The company reported second quarter financials this morning, saying revenues were up 10% this year compared to last year. That's $414 million on the top line, about $9 million better than expected. Meanwhile, profits were up 18.5% to $33.3 million compared to last year.
That growth isn't just from opening new locations. Same-store sales were up 6.7% in the US. In other words, people are buying more of Domino's Pizza.
Since the start of the year, the stock is up 44%. Compare that to the S&P Restaurant index (yes that exists), which is up 15%. Over the last twelve months, Domino's share prices have nearly doubled.
Domino's is one of the pizza business' "Big Three" (Pizza Hut and Papa John's are the other two). In recent Talking Numbers interview, CEO Patrick Doyle said, "I think you're going to continue to see us grow. I think we can continue to take share."
So, is it time to order up your slice of Domino's?
We ask Talking Numbers contributors Richard Ross, Global Technical Strategist at Auerbach Grayson, and Enis Taner, Global Macro Editor at RiskReversal.com, to look at the charts and fundamentals on whether Domino's is the extra topping your portfolio needs or should you pan it.
To see Ross and Taner analyze Domino's, watch the video above.