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Domino's Pizza Releases Statement on Citi Bank Research Story
The brand and its franchisees’ focus continue to be on providing a high-quality experience to their customers, as said by the brand’s spokesperson.
In a research by Citi Bank, they claimed that Domino’s Pizza is $800m overvalued and there was not enough incentive for store owners to open new Domino's outlets under the current profit split arrangement.
Despite the allegations, Domino’s does not comment on the company’s share price and iterated that it is "a matter for the market".
