Starting to see why everyone around here is frustrated with management!Domino's rated neutral
Goldman Sachs has been looking at the strategy day presentation from Domino's Pizza Enterprises Ltd (ASX: DMP) and wasn't overly impressed. In response, the broker has retained its neutral rating and A$39.70 price target. It commented: "We do not believe the company dissected the core issues of the problem regions such as France and Japan sufficiently and hence there remains a lack of transparency and conviction on how they will fix these issues. We remain unconvinced post this Strategy Day that there is a path to clear recovery other than further discounting and pausing of store roll-out in Japan/France to restore profitability."
Ann: Strategy Day Presentation, page-13
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$33.76 |
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Mkt cap ! $3.069B | |||
| Open | High | Low | Value | Volume |
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