As an investor, much like somebody who is craving a nice big pizza, you probably have questions of what is on the menu next for Domino’s Pizza, Inc. (NYSE:DPZ). Is this a company you should be investing in? Or should you spend more time eating their pizza and less time throwing your hard earned money into buying shares?
After an upbeat earnings report, it appears that the sky is the limit for Domino’s. This is somewhat of a surprise, being that the company was nothing more than an afterthought not that long ago. As of late, however, it has done a great job turning things around and showing consumers why they were the pizza joint of choice in the past.
In a recent CNBC interview, CEO Don Meij discussed the current state of the company, and just as important, its expansion plans. With plans to open even more stores in 2014, both nationally and internationally, there is a good chance that we are just seeing the beginning of a good run for Domino’s Pizza, Inc. (NYSE:DPZ). How exciting is that?
Here is a brief excerpt from the interview, giving you a better idea of just how excited Meij is with the company’s recent performance as well as its future growth prospects in Japan:
“Japan has really been a business that still looks like pizza in the 80’s in that it was a very expensive market to setup pizza, so a lot of pizza shops were in the backstreets. We have really taken advantage of taking pizza to the high streets, and there is a big transformation of the 7-11’s and the family marts where they are going to a bigger format so we are grabbing ahold of their 100 square meter, 120 square meter shops.”
Domino’s Pizza, Inc. (NYSE:DPZ) is on a roll, with the company opening 60 new stores globally in the half, with many more planned for the future. Things are stable in the United States, thanks in large part to a killer marketing and advertising campaign, and taking a bigger bite out of the global market, starting with Japan, is up next.
Domino’s Pizza, Inc. (NYSE:DPZ) was all the rage in the 80’s and 90’s, and then the company began to lose steam. However, as of late, things are trending upward and investors are once again taking this company seriously.