Topic: How To Invest

Power Growth Investor Hotline – Friday, January 14, 2022

Article Excerpt

DOMINO’S PIZZA INC., $473.04, remains a buy. Through their shares, investors gain exposure to the world’s largest chain of pizza stores offering takeout and delivery. The company (symbol DPZ on New York) operates 18,380 outlets, in the U.S. and 85 other countries. Franchisees run most of these stores. Domino’s has now announced changes in its U.S.-wide value offers for customer amid what it calls “unprecedented” increases in the cost of food and labour. The changes will start with its $7.99 carryout deal. First, it will make the $7.99 carryout offer digital-only. Second, it also plans to cut the number of chicken wings included in the offer to eight pieces, from the current 10. The offer gives people the option to choose a three-topping pizza or wings for $7.99 for carryout. Online orders typically come with higher average tickets than orders placed over the phone. As well, it costs less to serve because employees aren’t answering the phone. The company also gets access to…

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