Domino's Pizza's (DPZ) Q2 US same-store sales are expected to come in slightly below consensus while investor sentiment remains cautious about organic growth amid soft pizza quick-service restaurant trends, RBC Capital Markets said in an earnings preview Monday.
RBC said it expects Domino's management to revise down its full-year international unit growth guidance as the pizza chain's master franchise in Australia signaled possible further closures and weaker franchisee profitability.
While markets like China and India are showing solid growth, they are seen to be "dilutive" to international average unit volume and provide "limited EPS upside" to the company, the analysts said.
RBC has an outperform rating on the stock with a $550 price target.
Price: 471.68, Change: +7.20, Percent Change: +1.55
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。