Domino’s Pizza Q3 Profit Beat Offsets Slight Sales Miss
Domino’s Pizza Inc. (DPZ) said Thursday it had net income of $146.9 million, or $4.19 a share, for its fiscal third quarter to Sept. 8, up from $175.6 million, or $4.18 a share, in the year-earlier period. Revenue rose to $1.080 billion from $1.027 billion a year ago. The FactSet consensus was for EPS of $3.64 and revenue of $1.099 billion. U.S. same-store sales rose 3%, while international same-store sales were up 0.8%. “Our third quarter results once again demonstrated that our Hungry for MORE strategy is resonating, despite a pressured global marketplace,” CEO Russell Weiner said in prepared remarks. The company is now expecting full-year global retail sales growth of about 6% and full-year income from operations growth of about 8%. For 2025, it expects retail sales growth to be roughly in line with 2024 expectations. The stock was flat premarket but has gained 0.2% in the year to […]
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