UBS Reaffirms Buy on Domino's (DPZ)
Strong U.S. momentum, menu innovation, and delivery gains support bullish outlook
UBS maintained a Buy rating on Domino’s Pizza (NASDAQ: DPZ) following its Q2 results, citing:
- Sustained U.S. same-store sales growth
- Positive traction from aggregator partnerships
- Strong operational execution and product innovation
The firm reiterated its $473.77 price target, shares currently trading at $479.66 up (+3.77%)
📊 Domino’s Q2 2025 Earnings Snapshot
- Revenue: $1.15B (▲4.3% YoY) vs. $1.14B est ✅
- EPS: $3.81 vs. ~$3.95 est ❌
- U.S. Same-Store Sales: +3.4% YoY (beat 2.2% est)
- Income from Operations: +14.9% YoY
🧀 Key Drivers
- Parmesan-stuffed crust: Drove higher tickets and transaction counts
- Delivery + carryout: Expanded footprint, lifted market share
- Aggregator deals: Uber Eats rollout, DoorDash integration enhanced reach
Domino’s continues to balance value-driven promotions with operational efficiency to defend and grow its U.S. business amid competitive pressures.