Domino's Pizza (DPZ) Shares Soar 1.57% on Positive Outlook
Domino's Pizza (DPZ) shares rose 1.57% intraday, reaching their highest level since March 2025, marking a 0.57% increase for the day and a 1.20% gain over the past two days.
Several financial institutions have raised their price targets for domino's pizza, reflecting a positive outlook on the company's future performance. This optimism comes despite mixed sales results, with global retail sales growing by 4.7% excluding foreign currency impact, and a 1.4% increase in income from operations. However, U.S. same-store sales declined by 0.5%, and delivery business comps were down by 1.5%.
Domino's strategic initiatives, such as the Hungry for MORE strategy and partnership with doordash, are expected to drive future growth. These efforts aim to leverage market share gains and enhance delivery capabilities, which could help mitigate the challenges faced in the U.S. market and delivery segment. The company's international net store count decreased due to closures primarily in Japan, adding to the operational challenges.

Ask Aime: Why did Domino's Pizza hit a new high today, despite mixed sales?