Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, March 7, 2014

Article Excerpt

DOMINO’S PIZZA INC., $79.34, symbol DPZ on New York, is the world’s largest chain of pizza stores that offer takeout and delivery. It operates 10,800 outlets in the U.S. and over 70 other countries. Franchisees run most of them. In the three months ended December 29, 2013, the company’s earnings per share rose 21.9%, to $0.78 from $0.64 a year earlier, beating the consensus estimate of $0.76. Sales gained 5.0%, to $566.5 million from $539.7 million. Same-store sales rose 7.0% internationally and 3.7% in the U.S. Domino’s continues to boost its sales by aggressively promoting its new pizza recipes. It’s also profiting as more customers order online and through smartphone apps. In addition, Domino’s still has lots of growth potential overseas. The company continues to pay down its long-term debt, which is now $1.5 billion, or a manageable 34% of its market cap. The outlook for Domino’s is positive, but the stock has jumped over 58% for us in the last year. It now…