Yesterday, Geo Co-Founder Dan David was on Yahoo TV discussing GeoInvesting’s bearish thesis on Domino’s Pizza Inc (NYSE:DPZ).
Domino’s Pizza Downside
We continue to believe an additional 34% downside to Domino’s Pizza is possible as this is a highly-leveraged company with negative equity of about ($1.7 billion),with its ability to push out margins further being called into question if commodity prices increase off their historical lows and if the company faces issues dealing with imminent minimum wage hikes.
Zach Kouwe
Lookin’ good Dan!