Domino’s (DPZ) Faces a Moment That Has Jim Cramer Holding Back
Jim Cramer held back on a definitive recommendation for Domino's Pizza, Inc. (NASDAQ:DPZ) ahead of its upcoming earnings report and the appointment of new CEO Joe Jordan. Cramer noted that while the stock was one of his long-term winners under former CEO Pat Doyle, the...
Bullish Signals
- Added 209 net stores in Q2, including 183 international locations.
Bearish Signals
- U.S. same-store sales rose only 0.1% in Q2.
- International same-store sales fell 0.1% excluding currency.
- H1 free cash flow dropped to $313.6 million.
- Growth relies on new stores, not existing performance.
- Investors doubt new CEO can boost spending.