Take note, @GoldmanSachs, @jpmorgan, @blackstone.
Will Domino’s Largest Shareholders Increase Their Stakes After Hearing Of Two Managers Who Set Fire To The Competition?By Bess Levin
If I’m a PM at Scout Capital, Trian, Cedar Rock, MSD, Calamos, BlackRock, RenTec or Two Sigma, all of which own a significant number of shares in the pizza purveyor, my takeaways are: 1. Passion 2. Teamwork 3. Initiative 4. Ingenuity 5. Ability by middle management to read between the lines and infer that corporate’s edict to “torch the competition” was meant literally. Alternatively, if I’m a certain someone who walked away, dumping all but a couple shares retained simply for the free slices, I’m thinking I made the biggest mistake of my life underestimating these two. Read more »
Back in January, SAC Capital amassed a 5.3 percent stake in Domino’s Pizza, making it the fifth largest investor, at 3.2 million shares. While Cohen didn’t have any plans to meddle with management, behind the scenes he did do his part to enhance the brand, not only in an attempt to maximize profits but out of a love for bread, sauce and cheese. Little tweaks included: use of the DPZamboni as the standard delivery vehicle (it can do 150 on 95), product placement that involved getting Domino’s featured in a few pizza delivery-boy themed pornos, and tasking SAC employees with slapping slices out of the hands of anyone seen eating a competitor, putting a finger in their face and warning “that’s one” (after one you don’t want to know what happens). Things were good. REALLY good. They were double penetrating the market and Steve had big plans for the future. Unfortunately, SC’s had to significantly reduce his stake over the last few months, after what we’re assuming was a difference of opinion based on this: Read more »
CNBC Wants Some Serious Analysis Of What The Story About A Domino’s Delivery Person Saving A Customer Means For The CompanyBy Bess Levin
For those of you not up on your pizza delivery news, a Domino’s employee reportedly saved an elderly woman, after noticing that she’d failed to place her daily order for three days. Deliverywoman Susan Guy went to check on the lady and found that she’d fallen and was unable to reach the phone and call for help. CNBC wants to know how the market will react to the news and currently has a guest on who’s being forced to offer some real analysis (he thinks the story is going to lift sales). Read more »
Reuters reports that SAC Capital has taken a 5.3 percent stake in Domino’s Pizza, making it the fifth-largest investor, at 3.2 million shares. While Cohen doesn’t appear to have plans to meddle with management, he most certainly will be doing his part to enhance the brand, not only in an attempt to maximize profits but out of a love for bread, sauce and cheese. He’ll be counting on every one of his soldiers to help him take DPZ to the next level and to that end, here’s a short list of what SAC employees can expect moving forward: Read more »