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Domino's Pizza (DMP)
28-10-2014, 07:32 PM,
Post: #1
Domino's Pizza (DMP)
This high growth small cap has gone up at least 4 folds over the last 3 years but underlying earnings momentum appears very strong...

Domino’s Pizza beats sales expectations
AAP OCTOBER 28, 2014 4:10PM

DOMINO’S Pizza has upgraded its earnings forecast after first quarter sales beat the company’s expectations.

The fast food franchise expects underlying earnings to rise by 25 per cent, up from its earlier forecast of 20 per cent.

Domino’s (DMP) chief executive Don Meij says a strong lift in same store sales growth across the business has led to the improved forecast.

Same store sales grew by 10.7 per cent in Australia and New Zealand and by 7.5 per cent in Europe.

Japan’s same store sales grew 1.2 per cent, which was in line with expectations.

“With first quarter results exceeding management’s expectations, we are confident of building on the current strong momentum and have upgraded our EBITDA (earnings) and NPAT (net profit) full year guidance to be in the region of 25 per cent,” Mr Meij told shareholders at Domino’s annual general meeting.

He also confirmed plans to open up to 185 new stores in all of its six markets this financial year.

Domino’s made a $42.3 million profit in the 2013/14 financial year, up almost 50 per cent on the prior year.

Domino’s plans to roll out GPS tracking systems at all stores across Australia and New Zealand by June 30 next year.

The system will allow customers to track the journey of their pizza from the store where it was made to their homes.


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17-03-2017, 11:56 AM, (This post was last modified: 17-03-2017, 11:56 AM by weijian.)
Post: #2
RE: Domino's Pizza (DMP)
The Bloomberg article itself (if opened on a desktop) look out of the ordinary...Admitting there is a problem with the food, seems like a good first step to solving a food sales and image problem.


At Domino’s Farms, executives had already admitted to themselves a more persistent long-term threat: The pizza wasn’t very good. “When we did consumer tests, if they knew the pizza was Domino’s, they actually liked it less than if they just thought it was a random unbranded pizza,” Doyle says. “We had somehow created a situation where people liked our pizza less if they knew it was from us. So yeah, that was a problem.” Some of the more memorable comments: “The crust tastes like cardboard. The sauce tastes like ketchup.” And: “This is an imitation of pizza.”

So company chefs began experimenting. They enhanced the quality of the mozzarella and the flour, added garlic butter to the crust, and infused the marinara with flavor and sweetness. Some 18 months later, Domino’s had a new and improved (and more expensive to make) pizza.

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