Domino’s Pizza Enterprises (ASX:DMP) is a master franchise license owner of the Domino’s Pizza brand. The company has a solid Australia franchise that is still seeing double-digit like-for-like sales‡ growth and unit store growth despite a very mature market. Technology and the Internet have been a driving force in improving efficiencies and strong like-for-like sales growth. Furthermore, the company recently acquired a controlling stake in Domino’s Pizza Japan, which has posted results that have far exceeded expectations.
From Wasatch International Growth (Trades, Portfolio) Fund Q3 2014 Commentary.
