Both their share prices and p/e’s are up

Article Excerpt

DOMINO’S PIZZA $284.43 (New York symbol DPZ; TSINetwork Rating: Average) (734-930-3008; www.dominos.com; Shares outstanding: 41.1 million; Market cap: $11.7 billion; Dividend yield: 0.9%) is the world’s largest chain of pizza stores offering takeout and delivery. It operates over 16,114 outlets, in the U.S. and 85 other countries. Franchisees run most of the stores. In the three months ended March 24, 2019, the company’s sales rose 6.4%, to $836.0 million from $785.4 million a year earlier. That revenue increase helped to lift overall earnings: excluding one-time items, earnings per share rose 10.0%, to $2.20 from $2.00. Despite the higher sales and profits, the company’s sales growth is slowing, and one big reason is that it, like other fast-food chains, faces increased competition from delivery “disruptors” such as GrubHub, DoorDash and UberEats. These startups now offer diners more choices. The company continues to invest in technology to attract and retain customers by simplifying its ordering process and cutting delivery times to below 30 minutes. It also still has…