Customers See Domino's as Top Value Choice -- Market Talk

Dow Jones04-17

1426 ET - Domino's Pizza has a strong value perception among U.S. consumers that should drive sustained sales momentum for years to come, UBS analysts say in a research note, citing results from its latest quick-service restaurant survey assessing brand perceptions. About 10% of respondents suggested they would visit more often and Domino's outperformed both of its top pizza chain competitors, as well as many large quick-serve brands, on important value-related attributes such having "good promos," a "good selection of low-price menu choices" and "good limited-time-only menu options," the analysts say, lifting their 1Q same-store sales estimate to 4.5% from about 4% and raising the price target on the stock to $570 from $526. (dean.seal@wsj.com)

(END) Dow Jones Newswires

April 16, 2024 14:26 ET (18:26 GMT)

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