Stock Spotlight: Domino's Pizza delivers mixed results as Uber deal boosts outlook

Share price up 18.9% in 2023

clock • 3 min read

Domino’s Pizza earnings surpassed analyst estimates in its second quarter results last week (24 July), as its deal with Uber was heralded as positive move by commentators.

The firm recorded a stock price rise of 18.9% year-to-date, according to data from MarketWatch, and experienced an 11.1% jump in the week the deal was announced. The pizza firm collaborated with Uber to be included on the Uber Eats and Postmates platforms this month, which Garry White, chief investment commentator at Charles Stanley, called a "further move into the digital economy". Stock Spotlight: Oxford Nanopore to 'soar to heady heights' despite 'discount to US counterparts' Its current delivery business, described by White as "sluggish", saw a slowdown in April, but he said th...

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