Shares in Domino's Pizza Enterprises Ltd (ASX: DMP) are up 2.2% to $49.92 at the time of writing, despite news out of the Sydney Morning Herald its CEO is Australia's highest paid – with his $36.8 million wage coming in more than 400 times the average.
Investors are throwing their support behind Domino's this week, with its shares among the best S&P/ASX 200 performers on July 16 helped by a positive broker note out of Morgan Stanley with a price target increase from $55 to $65.
Domino's is tipped to achieve EPS of more than $2 in FY19, with plans to double its store network.
But will investors have a delayed reaction to news of its CEO's bloated pay packet?
Given Dominos was named by Citi as a stock to sell earlier this month investors certainly need to do their due diligence on this one.
Other consumables stocks to watch right now include Freedom Foods Group Ltd (ASX: FNP) – up 3.1% to $5.94 and Coca-Cola Amatil Ltd (ASX: CCL) – up slightly to $9.59.
