Domino’s Pizza ( $Domino's Pizza Enterprises Ltd (DMP.AU)$ )...

Domino’s Pizza ( $Domino's Pizza Enterprises Ltd (DMP.AU)$ ) reported a net profit after tax of $120 mil with Australia and NZ it’s top performing regions while Asia took a hit…..DMP also reported a soft start to the new financial year with same store sales falling 1.3% over the past 6 weeks….With the negative news I thought the stock held up very well – down just 1.4%, which is a pretty good sign. DMP shares are currently trading at levels last seen in 2015.
Overall it is a mighty company that’s still making plenty of dough by selling over $4bn worth of pizzas a year. BUY