Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, May 3, 2013

Article Excerpt

DOMINO’S PIZZA INC., $55.98, symbol DPZ on New York, is the world’s largest chain of pizza stores that offer takeout and delivery. It operates10,040 outlets in the U.S. and over 70 other countries. Franchisees run most of these stores. Excluding one-time items, the company’s earnings per share rose 25.5% in the quarter ended March 24, 2013, to $0.59 from $0.47 a year earlier. Sales rose 8.6%, to $417.6 million from $384.6 million. Same-store sales rose 6.5% internationally and 6.2% in the U.S. Domino’s continues to boost its sales by aggressively promoting its new pizza recipes. It’s also profiting by moving into ordering online and through software applications, or apps, on smartphones. In addition, Domino’s still has lots of growth potential overseas. The company’s long-term debt is still very high, at $1.5 billion or 48% of its market cap. However, it continues to steadily pay down its debt, and it has no major loans coming due until 2014. The stock has jumped over 200% for…