Brokerage firms like JP Morgan, Credit Suisse and Morgan Stanley are overweight on the Domino’s Pizza maker hoping for a positive growth in Q2. Deustche Bank has a hold rating with an expectation that the stock may stay volatile and continue underperformance.Few negatives that the firm observed in Q1 earnings are that it had launched Mania Extreme during Q1 an extension of its highest selling pizza range and its promotional activity especially of 1 Get 1 Free had visibly stepped up which dragged its earnings.It opened only 23 new Domino’s stores in Q1, lowest in five years. Its current run rate of new store openings is lower versus guidance of opening 130 140 new stores in FY17.
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