Domino's Success Shows That Convenience Really Matters
On a survey of America's best pizza chains done by Eater.com earlier this year, Domino's (NYSE: DPZ) came in at 32 out of 35. While it makes sense that the pizza chain placed below regional favorites like the top-ranked Pizza Inn, which is mostly in the South, it also came in after national competitors Little Caesars (20), Sbarro (23), Papa John's (NASDAQ: PZZA) (28), and even Yum! Brands' (NYSE: YUM) Pizza Hut (30).
But the chain has delivered 25 consecutive quarters of domestic same-store sales growth, positing a 9.5% increase in the most-recent quarter. On the international side the company has grown same-store sales for an astounding 94 straight quarters. In addition, the chain keeps getting bigger, having added 1,281 net new stores over the past four quarters. Given these data points, it seems people don't like Domino's all that much, but they keep eating there.
Source: Fool.com
Domino's Pizza Inc. Stock
Currently there is a rather positive sentiment for Domino's Pizza Inc. with 56 Buy predictions and 5 Sell predictions.
As a result the target price of 469 € shows a positive potential of 21.94% compared to the current price of 384.6 € for Domino's Pizza Inc..
