First Read: Domino's Pizza Inc "Thoughts on CEO Transition" (Buy) Geiger

研报英文原文证据摘录

First Read: Domino's Pizza Inc "Thoughts on CEO Transition" (Buy) Geiger

Global Research

22 June 2026ab

First Read

EquitiesDomino's Pizza Inc

Thoughts on CEO Transition United States

Restaurants

12-month rating Buy

Russell Weiner retiring, to join Board of Directors; Joe Jordan appointed CEO

Domino's announced this afternoon that CEO Russell Weiner is retiring and 12m price target US$425.00

transitioning to Executive Chairman Designate, while Joe Jordan has been appointed

CEO effective October 1st. Mr. Jordan has served as COO and President of Domino's US

Price (22 Jun 2026) US$295.11

since March '25, where he leads domestic operations & marketing along w/ other global

services (ie technology). Mr. Jordan has also held several other leadership positions RIC: DPZ.O BBG: DPZ US

across Domino's marketing, U.S. & international operations, technology, and franchisee Trading data and key metrics

support over the past 15 years. Guidance was not addressed with the announcement,

52-wk range US$485.53-295.11

causing many investors to believe risks exist to full year targets, but we believe shares

Market cap. US$9.95b

already reflect expectations for downside to '26 targets. While we expect many investors

Shares o/s 33.7m (COM)

were anticipating an external hire for Mr. Weiner's eventual retirement, Mr. Jordan's

appointment brings experience, deep knowledge with the business and a faster Free float 99%

transition to position DPZ for continued market share gains over the comings years. Avg. daily volume ('000) 930

Despite the weakness YTD (-30% YTD), we believe DPZ shares represent an attractive Avg. daily value (m) US$313

risk/reward given market share gain potential and opportunities for stronger sales Common s/h equity (12/26E) US$-3.88b