DPZ Our Data-Driven Checks Lead to Updated Forecasts
Following the completion of our data-driven check process regarding Domino’s (DPZ; Buy), we raise our Q4E same-store sales forecast for Domino’s U.S. business by +50 basis points, to +7.9%. This places us 80 basis points above sell-side consensus, according to Consensus Metrix data. Our Q4E forecast for the U.S. franchised business rises by +50 basis points to +8.0% (consensus is at +7.2%), and our Q4E projection for the U.S. company-owned segment rises by +50 basis points to +6.5% (consensus is at +6.6%).