Domino's Q2 may represent a trough for the year, a BTIG analyst says. “Returning to 1%-2% comps isn't exactly spectacular,” he added.

Domino's ($DPZ) stock jumps 7% premarket after Q2 revenue beats estimates at $1.19B, driven by strong supply chain growth.

"The shares look cheap on a P/E basis, but with no change to the long-term..."