Domino's Pizza (DPZ) Same Store Sales Could Be Above Whisper - Longbow

Longbow Research analyst Alton Stump reiterated a Buy rating and $320.00 price target on Domino's Pizza (NYSE: DPZ) after conversations with U.S. Domino’s franchisees indicate same-store sales were up 3.0-3.5% in 3Q19, below the prior estimate for 3.7% growth but above consensus at up 2.7% for 3Q.

The analyst stated "We think 3.0-3.5% domestic franchised comp in 3Q19 would be viewed positively since most investors are likely expecting a comp performance significantly below sell-side expectations".

For an analyst ratings summary and ratings history on Domino's Pizza click here. For more ratings news on Domino's Pizza click here.

Shares of Domino's Pizza closed at $242.13 yesterday.

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