Domino's Pizza Share Discussion Threads

[philanderer] 13/10/2011 16:01

Better news for Ireland..

Fitch analyst on Ireland: "If they continue to make progress and regain market access their rating could improve over the medium term"

[philanderer] 13/10/2011 08:42

Goldman Sachs reiterating their 'buy' for DOM this morning with a 630p target price

[philanderer] 12/10/2011 16:19

Domino's Pizza teams with Tesco Extra Dudley

Domino's Pizza has teamed with Tesco Extra in Dudley, in a move which will see the pizza delivery company opening its first store in a Tesco.

The store will include a 'ready to go' option enabling customers to pick up a pizza straight away after doing their shopping, as well as the traditional phone, online or app orders.

Chris Moore, chief executive of Domino's Pizza, said: "We are really excited to be opening our first store with Tesco.

"This gives us a unique opportunity to target a new market and we look forward to offering shoppers and local pizza lovers in Dudley the convenience of collecting a delicious, piping hot Domino's from their new Tesco Extra."

The store will open 17 October.

[philanderer] 12/10/2011 08:10

Keep an eye on the fortunes of Domino's Pizza if you want to keep up to date with the true economic health of the nation.....

[philanderer] 11/10/2011 23:28

more on that news....

Domino's Pizza enhances IT systems and delivers £1m online sales in a day

[philanderer] 07/10/2011 13:18

Be interesting to see the value put on this .

'Yum! looks to offload Pizza Hut'

Fri, 07 Oct 2011

American restaurant chain giant, Yum! is looking to offload the UK operations of Pizza Hut, with the intention of selling it to a "master franchisee".

The company - which also owns fast-food chains KFC and Taco Bell, among others - is hoping to sell the UK chain to a single buyer, who could then re-franchise it to others. There are currently 700 branches of Pizza Hut in the UK, but the most recent quarterly results for Yum! have shown that it took a £50 million impairment charge on the UK Pizza Hut business.

The move to sell up Pizza Hut has come in the face of growing pressure from other rival chains, including Domino's and more upmarket establishments, like Pizza Express and Prezzo.

Yum! took full control of Pizza Hut five years ago, after paying £112 million for the 50 per cent of the business that was owned by Whitbread.

A Yum! spokesman admitted that the company had "fallen behind competitors", but said that this matter had been addressed by a "re-evaluation" of the brand.

Pizza Hut, which first came to the UK in 1973, still serves some 55 million customers every year and employs some 16,500 staff.

[philanderer] 07/10/2011 09:18

Pizza outlet for Newport

Friday, October 7, 2011

Food giant Domino's Pizza is opening a new outlet in Newport, creating more than 25 new jobs.
The new store will be in Upper St James's Street and will open at the end of November.
A spokesperson for Domino's said: "Opening a new store in Newport will generate around 25 to 35 new jobs and it will be operated as a local business.

[philanderer] 07/10/2011 08:16

Should help DOM ..

FT..

* Ireland: patient is recovering - its economy has grown for two quarters in a row, foreign direct investment continues to flow in, and the black banking hole seems to have a floor

[philanderer] 30/9/2011 20:32

2m traded today....

"....Amongst the second-liners, Domino's Pizza heated up 18.1 to 445½p following its drubbing earlier this week"

[philanderer] 29/9/2011 20:30

About sums it up at present....

"We're in a market where people are so focused on what can go wrong here and now that they can't see the long-term possibilities in equities," Philip Dow, director of equity strategy at Minneapolis-based RBC Wealth Management, which oversees about $164 billion, said in a telephone interview. "There's a lot of trading noise and investors are very short- term focused."

[philanderer] 29/9/2011 20:20

DOMINO'S PIZZA OPENS A STORE IN KENILWORTH

- Domino's creates new jobs in Warwickshire –

Domino's, the local pizza delivery expert, opened a new store in Kenilworth on Sunday, September 25. This new store is located on Leyes Lane and comes as a welcome boost to the area with the creation of 25-30 jobs.

[philanderer] 29/9/2011 20:19

Growth Company Investor

Domino's still delivering

28/09/2011

Reduce text size Decrease text size Increase text size Increase text size Print article Print Share this article Share Email article to a friend Email Domino's Pizza (DOM) has issued an update in which it reported a 3.9 per cent increase in like-for-like sales amidst a resilient British market.

In an update for the 13 weeks to 25 September the group reported system sales of £127 million (2010: £115.7 million.) The 3.9 per cent growth across its estate of 605 stores stands against the sales increase of 9.9 per cent across 553 stores reported in the same period last yer. Like-for-likes rose 4.1 per cent (2010: 11.5 per cent) in the UK while falling 4.4 per cent in Ireland.

Domino's noted that over the period it had been sponsoring ITV's Red or Black - the popular gameshow created by Simon Cowell while it had also launched its stuffed crust and 'gourmet' range - a set of thinner pizzas using ingredients such as feta cheese and sunblushed tomatoes.

Over the period there were 15 store openings, bringing the total opened this year to 37 with the target to open 64 by the end of the year. The group argued that it had been making 'steady progress' in Germany noting that it is hoping to have six stores in the country by the end of the year.

Analysts at Liberum are forecasting pre-tax profits of £42.5 million (EPS: 19p) on turnover of £205.1 million for the year to December 2011. In 2012 profits of £47.1 million (EPS: 21.4p) on sales of £224.7 million are penciled in.

Rated by Growth Company Investor this July at 481.1p as a hold the shares currently trade at 486.8p. Domino's has of late made a number of marketing efforts to broaden its appeal. In particular its Pizza Express style 'gourmet' menu is almost certainly an attempt to win over more affluent customers while progress continues to be made in its online channels. However with a tough consumer environment there are a number of challenges ahead including commodity price rises, increasing unemployment and the squeeze on its customers wallets.

Hold.

[blueball] 29/9/2011 19:34

Sell confimed tonight...

[philanderer] 29/9/2011 17:36

Well a 20% drop in just over a week seems overdone to me......see what tomorrow brings.

[royalt] 29/9/2011 16:21

These look tasty now :)

[philanderer] 29/9/2011 16:19

I`ve added a few again at 427p ....averaging that poorly timed effort at 481p yesterday ;-)

it`s not as if directors are selling is it ????

[philanderer] 29/9/2011 15:33

Another really poor day....... maybe support around here chartwise or we`re looking at 385p `ish...... must say I`m baffled.

[philanderer] 29/9/2011 08:35

Goldman Sachs retains 'buy' for DOM , target = 630p

[philanderer] 29/9/2011 06:02

Bright and synny here in the greek islands :-)

Independent newspaper..

'Investment Column: It is still worth tucking into Domino's'

Our view: Buy

Share price: 458.1p (-50.4p)

The City appeared not to like the taste of the third-quarter figures from Domino's Pizza UK yesterday.

The pizza delivery firm's shares tumbled but this was probably connected, in part, to investors taking a slice of profit after a sharp jump in its share price since the end of June when they languished below £4.

Indeed, there were plenty of tasty morsels for investors to sink their teeth into in the numbers. Domino's group like-for-like sales grew by 3.9 per cent, including Ireland, but by 4.1 per cent in the UK over the 13 weeks to 25 September.

On both fronts, this represents an uptick in its performance from its first half, which is highly reassuring given the consumer downturn and increased focus on cooking at home, according to the major supermarkets. The group also said that its profits for this financial year will be in line with expectations.

Furthermore, Domino's continued to deliver a surge in its online and mobile sales in the third quarter. Online revenues at the pizza specialist now account for 46.6 per cent of its delivered sales in the UK and no doubt will rise to more than half in the next year, if not sooner.

Perhaps more intriguingly, orders taken by Domino's on mobile devices now comprise 13 per cent of all e-commerce sales. No doubt the mobile revolution is a key reason why Domino's hired Lance Batchelor, the former chief executive of Tesco Mobile, as deputy chief executive before he takes the helm after the incumbent Chris Moore retires on 25 December at the end of its financial year.

While Mr Moore has delivered a surge in profits and Domino's shares since he became chief executive in 2007, we view the hiring of Mr Batchelor as a shrewd move.

Overall, we believe the only spanner in the works is its lofty forward earnings multiple of 23. But with a proven track record in a downturn, roaring sales and an expansion in Germany under way, we are buyers.

[philanderer] 28/9/2011 17:59

Questor share tip: Keep a slice of Domino's appetising growth story

Earlier this year, shares in Domino's Pizza plunged as investors worried about easing growth in like-for-like sales. Such fears proved to be unfounded and the shares recovered nicely. However, these fears have again emerged following yesterday's update. Questor says hold.

Domino's Pizza
458.1p -50.4p
Questor says HOLD

Total sales were up 9.8pc to £127m in the 13 weeks to September 25, representing an acceleration. Sales in the year to date are up 9.2pc.

Same-store sales also rose 3.9pc compared with a tough comparator from last year of 9.9pc. Growth in 2010 was very strong and it was always going to be tough to turn in a similar growth performance – but the important fact is that group is still growing.

In the UK, like-for-like sales rose 4.1pc, compared with 11.5pc in the equivalent period last year.

There was a slight hint of brightness in Ireland, where business has been tough because of the large impact the financial crisis had on the country, with like-for-like sales there were up 1.8pc. However, Ireland represents only about 7pc of sales.

When things do start to recover in the Republic, profits should rise significantly as operational gearing is important for this company. This means that when sales increase, profits will increase at a greater rate because of its fixed-cost base.

One startling figure from the results was the growth in online sales. The importance of this should not be understated because it cuts the cost involved in each order. Online sales are now 46.6pc of sales against 39.7pc in the same period last year. The figures have been boosted by the launch of the group's iPad application, which makes up 13pc of e-commerce sales.

The company opened two more stores in Germany – in Bonn and Berlin – which represents a very interesting market for future growth. Domino's said the early signs for the market were "very encouraging, trade is building steadily and, having completed a full review of the market, plans are in place for new menus, a new website and a step-change in marketing activity for the region". By the end of the year, six stores will be operating in the country.

Another positive for the group in the next few years will be its cash flow. Domino's recently completed a significant investment in its Milton Keynes commissary, so the end of this period of investing in its business is going to boost its free cash flow.

The earnings multiple remains quite high, but this is a reflection of its growth prospects. In the year to December, the earnings multiple stands at 25.3, falling to 22.5 next year. This premium rating – and the lower levels of growth – are why the shares fell yesterday after the update.

The shares were first tipped on July 21 2009, when they were trading at 235¼p and they are up 95pc since then. They have been tipped as high as 502p – and they remain slightly below that level. However, the long-term opportunities in Germany, a hoped-for recovery in Ireland and the cash-generating ability are real positives – and the prospects for the business look very rosy indeed.

Analysts expect earnings-per-share growth of 13pc this year and next, which is still pretty impressive – and Questor suspects that the risk to forecasts will be to the upside. However, yesterday's market reaction to a good set of numbers from a quality business showed just how nervous investors are at the moment because of the current market backdrop – and will remain until the turmoil ends. So, for this reason, Questor says hold for now.

[huttonr] 28/9/2011 17:34

Well - I must have put my foot in it today - made a simple encouraging comment this morning - and a 50p drop. I suppose it wouldn't do to make a bad comment?

[philanderer] 28/9/2011 16:16

Couple more..

Espirito Santo retain 'buy' and 611 tp
Brewin Dolphin retain 'hold' and 520p tp
Altium retain 'hold' and 450p tp