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Investing.com -- Shares of Domino’s Pizza Inc. (NYSE:DPZ) climbed 2.2% in premarket trading today after the company introduced its first-ever Parmesan stuffed crust pizza available in stores nationwide.
The new menu addition comes as part of the pizza chain’s efforts to innovate and expand its product offerings. The announcement follows Domino’s Pizza’s fourth-quarter results, which were released on February 24.
While the quarterly performance was closely watched, TD Cowen analyst Andrew Charles noted that the results were overshadowed by market anticipation for the company’s strategic moves, including the launch of DoorDash (NASDAQ:DASH) and stuffed crust pizza by 2025.
Stephens analyst Jim Solera provided further insight into the company’s strategy, stating, "DPZ previously guided U.S. comp sales to be in line with its 3% long-term target for FY25, while growth will likely be weighted towards 2H25 as key initiatives ramp.
We believe aggregators, loyalty, and product innovation (stuffed crust) will be the primary drivers, with additional tailwinds from expanded third-party partnerships expected in 2H25. While macro remains pressured, DPZ remains confident in its value strategy, loyalty-driven engagement, and digital investments to drive balanced ticket and transaction growth."
The new stuffed crust option is a significant addition to Domino’s menu and could potentially attract customers seeking new and different flavors from the pizza delivery giant.
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