2333 GMT - Citi analyst Sam Teeger remains cautious on Domino's Pizza Enterprises despite positive commentary from management on its performance in Germany. Teeger spotted a LinkedIn post by the CEO of the Australian fast-food franchiser's Germany operations, which stated that the business had just enjoyed its best ever sales week. He tells clients in a note that this is incrementally positive, but points out that Germany is a relatively small part of the ASX-listed company's business. Its larger Japan operation may still be underperforming, he adds. Citi has a neutral rating and A$23.82 target price on the stock, which is at A$21.30 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
June 09, 2025 19:33 ET (23:33 GMT)
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