|Bid||259.20 x 0|
|Ask||259.30 x 0|
|Day's Range||255.10 - 260.20|
|52 Week Range||218.90 - 301.00|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||31.35|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||0.10 (3.75%)|
|1y Target Est||314.67|
DP Eurasia, which runs Domino's Pizza brand in Turkey and Russia, reported a 15.1% rise in first-half core profit on Wednesday, but said slower like-for-like sales growth in Russia and stiffening competition in Moscow dented its margins. The company's adjusted margin for earnings before interest tax, depreciation and amortization (EBITDA) slipped to 7.2% from 7.9% a year earlier, with margins in Russia, which accounts for 39% of its system sales, down to 3.4% from 4.8%. Its system sales, comprising both sales at its corporate and franchised stores, grew 26.4% to 645.4 million lira, driven by new store openings.
Some investors may have been disappointed with Domino's' event due to the absence of third-quarter commentary or a significant announcement, UBS analyst Dennis Geiger said in a note. For example, voice ordering is offered at 40 stores, and the analyst said it improves labor savings with better up-selling.
Hedge fund Lone Pine disclosed that it had recently bought nearly $200 million of shares of the pizza chain. It is now Domino’s fourth-largest shareholder.
Domino's Pizza Group plc (LON:DOM) is about to trade ex-dividend in the next 3 days. If you purchase the stock on or...
Robotic delivery service Starship Technologies announced it has closed $40 million in Series A funding. The company, which recently passed the 100,000 commercial delivery mark, also announced that it plans to expand its service to 100 university campuses over the next two years. Starship makes small autonomous robots that pick up and deliver food on-demand on college campuses.
Domino's Pizza Inc. said Tuesday that it is launching an e-bike program through Rad Power Bikes that will give locations the option to use customized e-bikes for pizza delivery. Domino's conducted a test at corporate-owned stores in Houston, Miami and New York earlier this year, which not only yielded positive service results, but also has labor benefits, expanding the pool of potential workers to people who don't have a car or driver's license, said Tom Curtis, Domino's executive vice president of corporate operations, in a statement. The bikes have been tailored to hold up to 12 large pizzas and can reach a top speed of 20 mils per hour. Domino's stock has slipped 2.4% for the year to date while the S&P 500 index is up nearly 17% for the period.
Domino's Pizza is looking to reduce the time its hot pies sit in traffic by expanding electric bike deliveries across certain U.S. markets. Domino's, which has described itself as a technology company that sells pizza, said on Tuesday it will use hundreds of e-bikes to deliver its food across corporate-owned stores in Miami, Salt Lake City, Baltimore and Houston later this year. The world's largest pizza company, based on sales, tested e-bikes in New York, Houston and Miami earlier this year, "and those stores saw improvements in overall delivery and service," according to Tom Curtis, Domino's executive vice president of corporate operations.
Deal or no deal, if Britons can be certain of anything after the U.K.'s Oct. 31 Brexit deadline, it is that they will still be able to get their Domino's pizza.
Domino's Pizza, Britain's biggest pizza delivery chain, reported a 7.4% drop in half-year profit, hit by losses in its international business, and said Chief Executive Officer David Wild was retiring after leading the company for five years. The company did not name a replacement for Wild, although Sky News had reported in late June that Domino's was looking to tap Andrew Rennie, the head of the European business at Domino's Pizza Enterprises, for the role. Domino's international business has been a sore spot this year as it struggles to control costs.
Domino's Pizza Group plc (LON:DOM), which is in the hospitality business, and is based in United Kingdom, saw a...