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Domino’s is the largest pizza chain in the world based on global retail sales, boasting more than 17,000 stores across 90 markets. The company was founded in 1960 and has since branched out into a large network of franchise owners and company-owned stores. In regard to the former, Domino’s charges royalties to its franchisees, the largest of which is the ASX’s very own Domino’s Pizza Enterprises Ltd (ASX: DMP).
Eliza Clarke of Firetrail Investments highlights 3 things that has impacted the global stock market and the Australian share market featuring Domino’s Pizza Inc (NYSE: DPZ) and Domino’s Pizza Enterprises Ltd’s (ASX: DMP) current performance.. How will this update affect the Australian share market?
There’s a lot of uncertainty in the market at the moment. I’d look to quality exchange-traded funds (ETFs) that could deliver returns.
2 Sense! The Australian Investors Podcast is back for Q&A hosted by Drew Meredith, CFP and Owen Rask. We tackle results from Macquarie Group Ltd (ASX: MQG), Domino’s Pizza Enterprises Ltd (ASX: DMP) and dive into Vanguard Diversified High Growth ETF (ASX: VDHG).
Get your mittens on because the Domino’s Pizza Enterprises Ltd. (ASX: DMP) share price is up 8% following positive results for its recent half-year (HY21).
Shares in Domino’s Pizza Enterprises Limited (ASX: DMP) are up 69% in the last 12 months. Trading on a price/earnings (PE) multiple of 52x, is it still a buy?
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