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UPDATE: Domino's Posts Rise In Q4 Profit

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Domino's Pizza (NYSE: DPZ) reported a rise in its fourth-quarter profit.

Its quarterly net income climbed to $44.7 million, or $0.78 per share, versus $37.6 million, or $0.64 per share, in the year-ago period. However, analysts were projecting a profit of $0.76 per share.

Domino's revenue surged to $566.5 million, beating analysts' estimates of $563.39 million. The company's US same-restaurant sales climbed 3.7% in the quarter.

Domino's shares gained 1.75% to $76.00 in pre-market trading.

 

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Posted-In: profitEarnings News