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DPZ - Domino's Pizza, Inc.

Discussion in 'NYSE, NASDAQ, AMEX' started by bigbear0083, Oct 12, 2017.

  1. bigbear0083

    bigbear0083 Administrator
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    Domino's Pizza, Inc., through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates through three segments: Domestic Stores, Supply Chain, and International Franchise. The company offers pizzas under the Domino's Pizza brand name through company-owned and franchised Domino's Pizza stores. As of April 12, 2017, it operated approximately 14,000 stores in 85 international markets. Domino's Pizza, Inc. was founded in 1960 and is based in Ann Arbor, Michigan.
     
  2. bigbear0083

    bigbear0083 Administrator
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    Domino's Pizza beats profit and sales expectations, but stock falls
    Domino's Pizza Inc. DPZ, -4.23% reported Thursday third-quarter profit and sales that rose above expectation. Net income for increased to $56.4 million, or $1.18 a share, from $47.2 million, or 96 cents a share, in the same period a year ago. Excluding non-recurring items, such charges related to a recapitalization, adjusted earnings per share came to $1.27, which was above the FactSet consensus of $1.23. Revenue rose 14% to $643.6 million from $566.7 million, due primarily to higher supply-chain revenue and increased volume, to beat the FactSet consensus of $628.4 million. Domestic same-store sales rose 8.4% above last year, exceeding the FactSet consensus of 6.5% growth. The stock fell 2.4% in premarket trade. It had soared 31.4% year to date through Wednesday, while the S&P 500 SPX, -0.08% had gained 14%.1%.