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加拿大皇家銀行表示,儘管估值較低,達美樂披薩仍面臨不利的經營環境。

-- 加拿大皇家銀行資本市場(RBC Capital Markets)週三發布的一份報告稱,達美樂披薩(Domino's Pizza,股票代碼:DPZ)第一季的營收和利潤可能「略低於市場預期」。 報告指出,儘管估值偏低,但由於“預期可能被下調”,該公司風險/回報比“略微不利”。 報告也指出,儘管達美樂披薩可能受益於競爭對手在第一季的關店潮,但潛在的宏觀經濟壓力增加可能會促使其管理層將2026年國內同店銷售成長預期從3%略微下調。 該投資公司表示,百勝餐飲集團(Yum Brands,股票代號:YUM)旗下的必勝客(Pizza Hut)和棒約翰(Papa John's,股票代號:PZZA)預計今年將關閉約500家門市,其中大部分將在第一季關閉。 加拿大皇家銀行(RBC)預計,達美樂披薩第一季美國同店銷售額將成長2.7%,低於市場普遍預期的3.0%。 同時,儘管高油價可能對消費者支出產生影響,但該投資公司認為達美樂披薩的國際同店銷售成長將與預期持平。 RBC指出,達美樂披薩在中東地區的直接業務僅佔其係統銷售額的個位數百分比。 RBC維持對達美樂披薩的「與業界持平」評級,並將目標股價從425美元下調至400美元。

Price: $368.12, Change: $-1.05, Percent Change: -0.29%

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