Topic: How To Invest

Stock Pickers Digest Hotline – Friday, July 6, 2018

Article Excerpt

DOMINO’S PIZZA INC., $279.15, symbol DPZ on New York, is the world’s largest chain of pizza stores that offer takeout and delivery. It operates nearly 15,000 outlets, in the U.S. and 85 other countries. Franchisees run most of these stores. The company’s long-time CEO, J. Patrick Doyle, has now stepped down. Doyle led Domino’s for eight years, during a difficult period for many U.S. food companies. The chain has done better than most of its rivals, with its overall market share in the pizza category improving to 16.4% in 2017 from 9.7% in 2010. The now-former CEO changed ingredients in the chain’s dough and cheeses in 2012. Doyle also focused on improving platforms for ordering pizzas online and through smartphones. The new CEO is Richard Allison, who assumed the role July 1. Before taking the post, he served as president of Domino’s International. OUR RECOMMENDATION: Domino’s Pizza is a hold. Domino’s Pizza recent coverage July 2018 issue April 2018 issue STANTEC INC., $34.06, symbol STN on Toronto,…