Domino's Pizza Share Discussion Threads

[dround87] 11/3/2020 22:05

Better than the chefs in fancy restaurants poking and prodding food around the plate getting it just right. Orwell had it right. The more you pay the more it's been molested by another human being.

[jak1] 09/3/2020 17:19

I'm not buying, you don't know if all the kids that work in Dominos wash there hands properly. Never mind the moped lot...

[philanderer] 05/3/2020 11:19

Peel Hunt reiterates 'buy'

[dround87] 05/3/2020 09:51

Bigger problem! Who has handled your food before you? You know fast food chains tend to do well in FSA hygiene scoring. It's the posh places that you need to watch out for!

[robinnicolson] 02/3/2020 12:36

Thoughtful article by Bruce Packard:

[jak1] 28/2/2020 09:19

Who would order take away right now !!!! you dont know what they are bringing with them...

[farnesbarnes] 27/2/2020 14:52

In which case, you can capitalise from this pathetic animal's behavioural patterns

[farnesbarnes] 25/2/2020 20:18

327 failed then, looking at 297 test next

[philanderer] 21/2/2020 10:06

Peel Hunt 'buy'.... tp 350p up from 340p

[robinnicolson] 20/2/2020 15:18

Just read an interesting stat about DPZ (tweet by Charlie Bilello)

"Two revolutionary companies went public in the summer of 2004.
These are their returns...

Google: +2,936 percent
Domino's Pizza: +5,706 percent"

[mozy123] 20/2/2020 14:06

DPZ up 18% on blow out quarter

[farnesbarnes] 20/2/2020 09:37

That 5th Feb shooting star is proving tough to overcome.

[aa29] 19/2/2020 11:54

Just read the comments on the article :)

[aa29] 19/2/2020 11:49

^ I think there is more growth there but it needs more of a team relationship between the company and franchisees. They have explained the benefits to both from splitting areas quite well in the past (announcement meetings from a couple of years or so ago). Believe they call it fortressing as it protects sales as well as boosting sales and have the evidence it works from maturer markets. You can see though why franchisees might need more incentive to overcome short term pain/stress.

[frazboy] 19/2/2020 11:34

Thanks for posting that article AA. Worth reading the comments section too but that's definitely less insightful - I guess DT readers don't make up much of their clientele! And those EBITDA numbers do justify a good valuation for the Germany business.Interesting to hear about the lack of IT investment and, potentially squandered, returns. I had been wondering if DP had been trying to emulate McDonalds business model with their purchases/expansion of their London restaurants - I think 90% of McDonalds restaurants are franchisees, and they use their 10% to try out new ideas.Still bearish here as I don't see how the franchisee dispute can be easily resolved. In simple terms, to my simple mind, Franchisees want a bigger share of the cake and DPG would have to take a cut in their share to allow that, plus they're ain't too much growth left in the UK (in terms of store numbers). I agree tho, the business has held up remarkably well, against significant completion.

[aa29] 19/2/2020 09:06

There was an article in the Telegraph on Monday covering Domino's Uk's current situation focussing on management changes and franchisee dissatisfaction.

It also raised a new criticism that the distractions had meant a failure to really invest in improving IT over the last 10 years. An analyst was quoted as saying that McDonalds can recognise your car in a drive through, know what you like and use that to suggest other items to get you to spend more money.

Obviously Dominos doesnt have lots of drive throughs but the point was their competitors were getting ahead of them in personalising their use of data.

Dominos strong market position had helped keep the business growth going but performance could have been a lot better.

[aa29] 19/2/2020 08:50

DP Enterprises shares up almost 10% on their interim announcement. Europe especially Germany performing well.

Excerpt

'Europe: Positive sales momentum in all countries, with particularly strong performance in Germany, growing regional sales +9.4%, to €382.8m and increased EBITDA by +15.6%, to €29.4m

Similarly, the focus on a single brand in Germany, made possible because of the hard work in converting acquired Hallo Pizza stores to Domino’s, have allowed for our first national television campaigns, driving sales. Germany has led the region, with notably strong Same Store Sales growth, as a direct result of these efforts.'

[entropick] 14/2/2020 06:03

Domino’s can outperform, says Peel Hunt
Pizza delivery chain Domino’s (DOM) has started the sale of its international business and Peel Hunt believes there is scope for out performance.

[aa29] 13/2/2020 14:25

Personally, I'm not taking any punts at the moment.

@frazboy, in case you don't know the history. DPG got the master franchise for Germany several years ago and then got in a mess with the rollout (why they went into scandinavia after this, I don't know).

DPE who have France, Benelux, Japan, NZ, Australia essentially baled them out. I presume that DPE would be only current buyer under the terms of their joint venture and assuming nothing too drastic affects the world economy in the meantime, I would expect DPE to be taking full control as soon as they can in 2023.

[philsailsbury] 13/2/2020 14:00

Where do you see Dominos in the next 6 month? Not sure about a punt on this one?

[frazboy] 13/2/2020 13:35

With you on that AA. It's not managed by DPG, and isn't, as far as I'm aware devouring cash. And there has been no explicit statement that I'm aware of, that implies that it's on the chopping block, but I'm not sure what the logic is of keeping it?

Plus, I realise that it could be sold through the put/call options but, that presumably, just puts a downside limit/upside limit on price? So long as they're within the bounds, presumably a sale could be agreed? Happy to be corrected on this.