In late September, restaurant analyst Mark Kalinowski issued a note on the heels of a dinner with the chief financial officer of Domino’s Pizza pointing to the incredible upside of the digital ordering opportunity. Kalinowski of Janney Montgomery Scott LLC was enthused about the ability of the nation’s biggest pizza players to keep pressure on smaller players because of their head start in the online ordering arena. “We do not expect this trend to change any time ...

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