Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, June 10, 2016

Article Excerpt

DOMINO’S PIZZA INC., $126.25, symbol DPZ on New York, is the world’s largest chain of pizza stores that offer takeout and delivery. It operates 12,100 outlets in the U.S. and 80 other countries. Franchisees run most of these stores. The company continues to profit from its move into online orders and through smartphone apps. Half of its sales now come from those digital orders, and half of those are from mobile devices. The popular Domino’s Tracker app lets customers follow their pizza from the time they place the order through to the baking, boxing and delivery of their food. The company wants to speed up the shift to digital ordering because it cuts labour costs and reduces errors—an employee can easily enter a phone order incorrectly, but a mistake in an online order is usually the customer’s fault. Domino’s is now rolling out its latest digital innovation in Australia. The company will use satellites to follow customers as they approach stores to pick…