To recap, back in April of 2022, I wrote my first piece on Domino’s Pizza (DPZ) once it started turning over after its incredible run-up of just over 100% from COVID lows in a little under 2 years. In that piece, I acknowledged that inflationary pressures and labor costs/shortages were hurting the company going from food basket costs rising 1-3% for 2020 (based on FY’19 guidance) to 12% in 2022.
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DPZ: Domino's Risk Reward Post +42% Rebound…
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To recap, back in April of 2022, I wrote my first piece on Domino’s Pizza (DPZ) once it started turning over after its incredible run-up of just over 100% from COVID lows in a little under 2 years. In that piece, I acknowledged that inflationary pressures and labor costs/shortages were hurting the company going from food basket costs rising 1-3% for 2020 (based on FY’19 guidance) to 12% in 2022.