Domino’s Pizza Inc. SPX, -0.40% stock fell 4.9% in Thursday premarket trading after the pizza delivery company missed fourth-quarter earnings and revenue expectations. Net income totaled $151.9 million, or $3.85 per share, up from $129.3 million, or $3.12 per share, last year. Adjusted EPS of $3.46 missed the FactSet consensus for $3.89. Revenue totaled $1.357 billion, up from $1.150 billion and below the FactSet consensus for $1.386 billion. U.S. same-store sales were up 11.2% for the quarter, ahead of the FactSet consensus for 9.6% growth. International same-store sales growth was 7.3%, also ahead of the FactSet consensus for 4.2% growth. The company authorized a new $1 billion share repurchase program on Wednesday, which replaces the previous program that had about $76.6 million available. Domino’s stock is down 1.1% over the past year while the S&P 500 index SPX, -0.40% is up 25.5% for the period.
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