Topic: How To Invest

Power Growth Investor Hotline – Friday, February 21, 2020

Article Excerpt

DOMINO’S PIZZA INC., $371.96, is a buy. Through their shares, investors gain exposure to the world’s largest chain of pizza stores offering takeout and delivery. The company (symbol DPZ on New York) operates over 17,020 outlets, in the U.S. and 85 other countries. Franchisees run most of these stores. Domino’s shares rose a whopping 25.2% this week for our investors! That’s after the company reported strong earnings that beat consensus expectations by a wide margin. That gives our readers a quick 30.8% gain from when we recommended the stock in our January 2020 issue of Power Growth Investor. In the three months ended December 29, 2019, the company’s sales rose 6.2%, to $1.15 billion from $1.08 billion a year earlier. That revenue increase helped to lift profit: excluding one-time items, earnings per share climbed 19.4%, to $3.13 from $2.62. That beat the consensus estimate of $2.93. Domino’s strategy of protecting its profit margins by continuing to do all its own delivery is paying…