Domino's Pizza, Inc. (NYSE:DPZ ) Q3 2024 Earnings Conference Call October 10, 2024 8:30 AM ET Company Participants Greg Lemenchick - VP of IR Russell Weiner - CEO Sandeep Reddy - CFO Conference Call Participants David Tarantino - Baird David Palmer - Evercore ISI Brian Bittner - Oppenheimer Dennis Geiger - UBS John Ivankoe - JPMorgan Peter Saleh - BTIG Sara Senatore - Bank of America Gregory Francfort - Guggenheim Jon Tower - Citi Danilo Gargiulo - Bernstein Christine Cho - Goldman Sachs Chris O'Cull - Stifel Jim Salera - Stephens Logan Reich - RBC Capital Markets Alexander Slagle - Jefferies Brian Mullan - Piper Sandler Jeffrey Bernstein - Barclays Brian Harbour - Morgan Stanley Andrew Strelzik - BMO Capital Markets Jeffrey Farmer - Gordon Haskett Operator Thank you for standing by, and welcome to Domino's Pizza's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen only mode.
Goldman Sachs analyst Teddy Farley expressed views on Domino's Pizza Inc‘s DPZ mixed third-quarter results reported on Thursday.
Domino's Pizza NYSE: DPZ continues to face challenges but is navigating the conditions well. The Q3 results show that the Hungry for MORE strategy continues to pay off, setting the business up for accelerating growth and leveraging bottom-line results when macroeconomic conditions improve for restaurant stocks.
DPZ's fiscal third-quarter results benefit from Hungry for MORE strategy.
The headline numbers for Domino's Pizza (DPZ) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Domino's Pizza (DPZ) shares fell Thursday morning when the pizza delivery giant's better-than-expected profit was offset by a revenue miss and soft guidance.
Domino's Pizza (DPZ) came out with quarterly earnings of $4.19 per share, beating the Zacks Consensus Estimate of $3.71 per share. This compares to earnings of $4.18 per share a year ago.
Pizza chain Domino's earnings of $4.19 topped third-quarter expectations, but the top line came in light, and the company trimmed the outlook for sales growth.
NEW YORK CITY, NY / ACCESSWIRE / October 10, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Domino's Pizza Inc ("Domino's" or "the Company") (NYSE:DPZ) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Domino's securities between December 7, 2023, and July 17, 2024, inclusive (the "Class Period").
Domino's Pizza Inc.'s stock fell slightly early Thursday, after the chain's fiscal third-quarter profit beat was not enough to offset a slight revenue miss in a still challenging consumer environment and small downward revision to sales guidance.
LOS ANGELES, CA / ACCESSWIRE / October 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Domino's Pizza, Inc. ("Domino's" or "the Company") (NYSE:DPZ) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between December 7, 2023 and July 17, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before November 19, 2024.
"Companies are competing hand over fist" for what's left of consumers' wallets, according to @LikeFolio's Andy Swan. He says Domino's Pizza (DPZ) has the scale and price point to grow in the industry but has to weather a competitive storm to do so.