Deutsche Bank initiated coverage of the pizza chain Monday with a sell rating because of the threat of third-party delivery platforms.
UberEats
"The call here is really about the competitive intrusion of the third-party delivery aggregators, which we expect to increase in magnitude over the next two-to-three year period, before it potentially levels off or gets better," Deutsche Bank analyst Brian Mullan wrote in a note.that third-party aggregators will bite off 1% to 2% of Domino's U.S. same-store sales growth, a key metric in the restaurant industry.
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