Over the past three months, shares of Domino's Pizza Inc. (NYSE:DPZ) increased by 6.35%. Before having a look at the importance of debt, let's look at how much debt Domino's Pizza has.
Wedbush analyst Nick Setyan has put forth the sector overview and 2023 outlook for U.S. restaurants.
The analyst said, for the most part, share prices of restaurants increased even as 2023 estimates declined.
Pizza stocks have underwhelmed in 2022, and some pizza bears say the industry may be fundamentally broken thanks in large part to the COVID-19 pandemic.
Dan Loeb and Bill Ackman are billionaire activist investors who own hedge funds Third Point Management and Pershing Square Capital Management, respectively.
Restaurant Brands International Inc (NYSE:QSR) has appointed former Domino’s Pizza Inc (NYSE:DPZ) Chief Executive Officer Patrick Doyle as its Executive Chairman. The…