Domino’s Pizza (DOM), now a FTSE-250 constituent, has been a stellar recommendation from me historically during my 12 years at t1ps.com, but I am currently nervous about the UK economy and consumer spending outlook. Does that dim my faith? Ahead of a 25th February scheduled results statement, the company has today released a trading update for its 14 and 53 weeks ended 30th December 2012. This reports that it “will deliver full year 2012 profits in line with market expectations” – but with the shares currently at 515p, capitalising the company at approaching £843 million, is this still an investable proposition? The following reviews the case…
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