Topic: How To Invest

Power Growth Investor Hotline – Friday, February 28, 2025

Article Excerpt

DOMINO’S PIZZA INC., $489.71, remains 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 21,366 outlets, in the U.S. and 85 other countries. Franchisees run most of these stores. In the three months ended December 29, 2024, the company’s sales rose 2.9%, to $1.44 billion from $1.40 billion a year earlier. Same-store sales rose just 0.4% in the U.S., while they rose 2.7% internationally. The pizza chain added 775 more restaurants in 2024, about half of which were opened in the fourth quarter. Excluding one-time items, earnings per share rose 9.2%, to $4.89 from $4.58. All in all, the pandemic was a boon for top pizza chains like Domino’s as consumers avoided public spaces and instead opted for delivery and curbside pickup. That boosted Domino’s, which was already outpacing rivals given its commitment to tech-enabled carry-out and delivery. Meantime, those moves are still…