Broker Numis has rated Domino’s shares as a buy, after speculation that chief executive Chris Moore was to retire this year saw the company's shares fall as investors took fright. The pizza delivery firm’s share value was down 33.5p yesterday, closing at 512p. Domino’s reacted with a statement this morning confirming former Tesco Telecoms boss and current company non-executive Lance Batchelor would step up to the role of deputy chief executive this July. It also underlined that Moore would not be retiring until 2012 at the earliest, and Numis analyst Douglas Jack said this demonstrated that an orderly handover – as in the case when Moore replaced Stephen Hemsley – should be expected. Numis believes Domino’s will release strong full year trading figures next month, after revealing buoyant trading during the crucial Christmas period at the start of January.