Domino's Pizza Enterprises Shakes Off Bear on CEO's Speed -- Market Talk

Dow Jones

02-10

0026 GMT - The speed with which Domino's Pizza Enterprises' new CEO has plotted a recovery path allows the Australian fast-food franchiser to shake off its bear at Macquarie. An analyst note to the investment bank's clients shows the stock raised to neutral from underperform, with the pace of CEO Mark van Dyck's strategy overhaul cited as a significant positive surprise. The refined focus on franchisee sales is seen as the key positive, since it has implications for long-term network performance. Macquarie lifts its target price on the stock 25% to A$35.10. Shares are down 2.7% at A$34.96. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 09, 2025 19:26 ET (00:26 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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An analyst note to the investment bank's clients shows the stock raised to neutral from underperform, with the pace of CEO Mark van Dyck's strategy overhaul cited as a significant positive surprise. The refined focus on franchisee sales is seen as the key positive, since it has implications for long-term network performance. Macquarie lifts its target price on the stock 25% to A$35.10. Shares are down 2.7% at A$34.96. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7137":"餐馆","DPZ":"达美乐比萨","BK4209":"餐馆","BK4532":"文艺复兴科技持仓","DMP.AU":"Domino's Pizza Enterprises Ltd","BK4524":"宅经济概念","BK4585":"ETF&股票定投概念","BK4588":"碎股"},"translate_title":"达美乐披萨企业摆脱了对首席执行官速度的担忧——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DPZ":1,"DMP.AU":0.9},"content_text":"0026 GMT - The speed with which Domino's Pizza Enterprises' new CEO has plotted a recovery path allows the Australian fast-food franchiser to shake off its bear at Macquarie. An analyst note to the investment bank's clients shows the stock raised to neutral from underperform, with the pace of CEO Mark van Dyck's strategy overhaul cited as a significant positive surprise. The refined focus on franchisee sales is seen as the key positive, since it has implications for long-term network performance. Macquarie lifts its target price on the stock 25% to A$35.10. 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