Loop Capital checks suggest Q1 comps growth at Domino’s Pizza below expectations

Loop Capital keeps a Hold rating and $452 price target on Domino’s Pizza. The firm’s franchisee checks indicate that same-store sales growth for Q1 came in below expectations, the analyst tells investors in a research note. Comps accelerated from 2.0%-2.5% growth during the first 7-8 weeks of Q1 to 3.0%-3.5% over the last 4-5 weeks of the quarter, though the implied comp growth of 2.5%-3.0% for the full Q1 was below consensus at up 3.9%, the firm added.