Loop Capital keeps a Hold rating and $419 price target on Domino’s Pizza. The firm has completed its latest round of checks with U.S. franchisees for Domino’s, with the findings showing that same-store sales decelerated from 4.5% growth during the first nine weeks of Q3 to 3.0%-3.5% growth over the last three weeks of the quarter, the analyst tells investors in a research note. On a 2-year stacked basis, 4.0% growth equates to a gain of 3.3%, compared to Domino’s reported 2-year stacks of 4.7% in Q2, the firm added.
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