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Fly News Breaks for February 7, 2017
DPZ
Feb 7, 2017 | 08:51 EDT
Longbow analyst Alton Stump said conversations with Domino's Pizza U.S. franchisees point to Q4 domestic franchised comp sales growth of 13%-14%, ahead of consensus at 10.3%. Additionally, to date in Q1, Domino's U.S. franchised comps are up 15%-16% according to contacts, above consensus of 9.3%, Stump estimates. Following the checks, he has increased confidence Domino's could beat consensus same-store sales growth forecasts "handily" in Q4 and Q1 and keeps a Buy rating on the shares.
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