0029 GMT - The surprise resignation of Domino's Pizza Enterprises' chief executive is seen by Morgan Stanley analysts as compounding the Australian fast-food franchiser'snear-term uncertainty. They point out that Mark van Dyck's resignation after less than a year in charge comes with the business still trying to reset strategy and growth. In a note to clients, the MS analysts remind investors of their view that Domino's Pizza Enterprises needs to keep investing in improving the profitability of its franchisees. This will limit the benefit of its cost-reduction measures, they add. MS has a last-published equal-weight rating and A$24.00 target price on the stock, which is up 4.5% at A$17.73. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
July 02, 2025 20:29 ET (00:29 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。