Hey all, just a thought here as a new DMP shareholder.
Is Domino's able to keep prices low/stable which I expect would increase volume?
Given rising costs of living, families would select the lowest cost to feed there family. Instead of opting a thai, chinese or even steak for dinner,
I can feed my family for $30. I understand DMP may lose profit on a certain number of pizzas but if they can increase volume I would assume this would offset rising costs & perhaps increase their loyal customer base.
Thoughts?
target price $40, page-22
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$29.29 |
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-0.600(2.01%) |
Mkt cap ! $2.646B | |||
| Open | High | Low | Value | Volume |
| $29.77 | $29.79 | $29.04 | $6.562M | 224.4K |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 441 | $29.26 |
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| Price($) | Vol. | No. |
|---|---|---|
| $29.29 | 141 | 5 |
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