Skip to main content

Market Overview

Domino's Pizza Trades Lower On Q3 Earnings Miss

Share:
Domino's Pizza Trades Lower On Q3 Earnings Miss

Domino's Pizza (NYSE: DPZ) reported third-quarter earnings of $2.05 per share, which missed the analyst consensus estimate of $2.07 by 0.97%. This is a 5.13% increase over earnings of $1.95 per share from the same period last year.

The company reported quarterly sales of $820.81 million, which missed the analyst consensus estimate of $824.62 million by 0.46%. This is a 4.43% increase over sales of $785.965 million the same period last year.

"It was a good quarter for Domino's, as we continue to lean on our fundamental strength against a unique competitive environment," said Ritch Allison, Domino's CEO. "Strong unit growth and positive comps yielded a solid and balanced quarter of retail sales growth across both the U.S. and international businesses. We remain steadfastly focused on driving profitable growth for the Domino's system, and most importantly, for our franchisees."

Domino's shares were trading down 3% at $234.85 in Tuesday’s pre-market session. The stock has a 52-week high of $302.04 and a 52-week low of $220.90.

Related Links:

Domino's Pizza Is Testing Autonomous Delivery Vehicles

Constellation Brands Trades Lower On Q2 Earnings, Expects Wine And Spirit Losses In 2020

Photo courtesy of Domino's.

 

Related Articles (DPZ)

View Comments and Join the Discussion!

Posted-In: Earnings News Pre-Market Outlook Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com