Domino's Pizza Inc.'s stock DPZ, -3.38% fell 5% early Thursday, after the pizza delivery company's better-than-expected fiscal second-quarter profit was offset by a revenue miss. The company had net income of $141.9 million, or $4.03 a share, for the quarter to June 16, up from $109.4 million, or $3.08 a share, in the year-earlier period.
Domino's Pizza fell short of market expectations for second-quarter same-store sales on Thursday as U.S. consumers, particularly in the lower-income group, spent less on eating out or ordering in.
Total revenue came at $1.1 billion, 7.1% higher than the year-ago period, slightly below analyst expectations.
Domino's Pizza, Inc. DPZ will release its financial results for the second quarter, before the opening bell on Thursday.
Domino's (DPZ) second-quarter 2024 results are expected to gain from robust same-store sales growth, unit expansion and the introduction of new menu items.
Domino's Pizza (DPZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Domino's Pizza (DPZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wingstop is growing fast as franchisees open new locations, motivated by strong economics for the restaurants. Domino's generates consistent and profitable revenue.
Shares of Domino's Pizza, Inc. NYSE: DPZ have been on a tear since May of last year. The fast food giant has watched its stock gain as much as 85% in less than a year as it returns to its winning ways.
The stock market keeps rolling, with the S&P 500 surging almost 4% in the past month. Indeed, a big correction seems overdue at this point, given the sheer momentum and the fact that we haven't had a full correction since last autumn.
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