Domino’s Pizza Inc. DPZ, -0.79% stock fell 4.7% in Thursday premarket trading after the pizza delivery chain reported third-quarter revenue that missed the Street. Net income totaled $120.4 million, or $3.24 per share, up from $99.1 million, or $2.49 per share last year. Revenue totaled $997.99 million, up from $967.7 million. The FactSet consensus was for EPS of $3.11 and revenue of $1.03 billion. U.S. same-store sales fell 1.9% while international same-store sales rose 8.8%. The FactSet consensus was for a U.S. increase of 1.7% and international rise of 8%. This week, Domino’s declared a quarterly dividend of 94 cents, payable to shareholders of record as of December 15 on December 30. Domino’s stock has gained 24.2% for the year to date while the S&P 500 index SPX, +0.30% is up 16.2% for the period.
View Article Origin Here