Domino's Pizza continues Wall Street climb

| by Alicia Kelso
Domino's Pizza continues Wall Street climb

Domino's Pizza hit another lifetime high last week and shares are up 3,000 percent compared to where they were before the company's turnaround effort in 2010. 

Meanwhile, gas prices have fallen for more than 60 days straight and are now at levels not seen since late 2010. Lower gas prices have been a boon for the restaurant industry, driving higher traffic and sales, according to the National Restaurant Association's October Index

Here's a glimpse at the market this week.


Cheese prices continued to show mercy for a third week in a row, after hitting record-high prices earlier this year. Last week's average on the Chicago Mercantile was $1.71, a 9-cent drop from the week prior when cheese was $1.80.

Cheese prices were $2.26 in October.

Last week, cheese closed at $1.73 on Monday and Tuesday, and $1.68 on Wednesday. The market was closed Thursday and Friday in observance of the Thanksgiving holiday.


Conversely, wheat prices continued an upward trajectory on the Minneapolis Grain Exchange, averaging $5.97 last week, from $5.79 the week prior. Wheat was as low as $5.36 in October.

Last week's prices closed at $5.79 Monday, $5.90 Tuesday, $5.98 Wednesday and $6.21 on Friday.

Gasoline and diesel fuel

Monday's nationwide average for regular unleaded gasoline is $2.76, another drop from $2.81 the week prior. Gas prices were $2.99 a month ago.

Consumers were paying $3.27 at the pump this time last year, according to AAA and the Oil Price Information Service.

Mid-range unleaded is $2.98 today, while the premium unleaded price is $3.16.

The nationwide average for diesel fuel today is $3.56, down from $3.58 the week prior. Diesel prices are also down from $3.59 a month ago and $3.84 a year ago.

Natural Gas

Colder-than-normal temperatures across most of the country prompted higher prices at market locations across the country during the last report week, which was the week prior to Thanksgiving, Nov. 12-Nov. 19. The Henry Hub spot price rose from $4.20/ MMBtu Nov. 12, to $4.39/MMBtu Nov. 19.

At the New York Mercantile Exchange (Nymex), the December 2014 contract rose over the week, beginning at $4.185/MMBtu Nov. 12 and ending at $4.371/MMBtu Nov. 19.

Pizza company stocks

Shares in Pizza Hut parent Yum! Brands Inc. closed out last Friday at $76.75, up more than a buck from $75.51 the week prior. Yum's 52-week high of $83.58 was reached in July. Its low of $65.81 was in early October after its Q3 earnings report that included another China supply chain crisis.

Domino's hit another lifetime high last week, its sixth in a row, at $95.49. The company closed out Friday at $93.23, up from $92.47 the week prior. DPZ's 52-week low was $66.18 a year ago. According to Seeking Alpha, Domino's shares are up 3,000 percent compared to what they were before its "Pizza Turnaround" campaign in 2010. "Domino's Pizza has staged one of the more epic comebacks from the financial crisis in the entirety of the stock market universe," the publication said.

Papa John's finished out last week at $52.53, up more than $2 from $51.20 the week prior. PZZA's 52-week high of $55 was in March. Its low of $37.32 was a year ago.

Pizza Inn closed out last week at $6.81, up slightly from $6.77 the week prior. The company's 52-week high is $8.91, achieved last year. Its low is $5.38, from March.

Shares in Papa Murphy's closed last week at $10.03, a jump from $9.50 the week prior. In its ninth month on the NASDAQ, FRSH's high/low is $12.10/$8.08, respectively.

Topics: Cheese, Domino's Pizza, Equipment & Supplies, Food Cost Management, Operations Management, Papa John's, Papa Murphy's Take 'N' Bake Pizza, Pizza Hut, Pizza Inn

Alicia Kelso
Alicia has been a professional journalist for 15 years. Her work with, and has been featured in publications around the world, including NPR, Good Morning America, Voice of Russia radio, and Franchise Asia magazine. View Alicia Kelso's profile on LinkedIn

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