Loop Capital's continued support for Domino's stock is based on their confidence in the company's performance. The Buy rating and price target of $559 are grounded on a multiple of 32 times the firm's estimated earnings per share for 2025.

This could be due to softer demand trends, as SSS growth took a hit in fiscal 2021 and fiscal 2022. Domino's does operate in the hyper-competitive restaurant industry. People have a large number of choices, and they have zero switching costs. What's more, there are virtually no barriers to entry for anyone to open up a pizza shop.

Twelve Domino's Pizza outlets in South Australia have been restricted from employing trainees or apprentices after failing to meet their obligations under the SA Skills Act 2008. The South Australian Skills Commission declared Team Van Diemen SA Pty Limited, the outlets' operator, a prohibited employer after a six-month investigation.