Report
R.J. Hottovy
EUR 100.00 For Business Accounts Only

Third-Party Aggregators Eat Into Domino’s 2Q Comps, but We’re Optimistic About a Reversal in 2020

Wide-moat Domino’s second quarter was largely a continuation of early 2019 trends, with U.S. comps pressured by marketing/promotional tactics from third-party delivery aggregators as well as its own fortressing strategies and tight labor markets having a ripple effect across pricing strategies and margins. While we surmise these trends will persist through the back half of 2019, there are reasons to expect gradual comp improvement in 2020 and remain optimistic about the longer-term free cash flo...
Underlying
Domino's Pizza Inc.

Domino's Pizza is a pizza company. The company is primarily engaged in the following business activities: retail sales of food through the company-owned Domino's Pizza stores; sales of food, equipment and supplies to the company-owned and franchised Domino's Pizza stores through the company-owned supply chain centers; receipt of royalties, advertising contributions and fees from United States Domino's Pizza franchisees; and receipt of royalties and fees from international Domino's Pizza franchisees. The company's menu features pizza products with varying sizes and crust types. The company's store also provides oven-baked sandwiches, pasta, boneless chicken and wings, bread side items, desserts and soft drink products.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
R.J. Hottovy

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch