Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Domino’s Pizza delivers tasty results with better-than-expected revenues

Tuesday, February 28, 2017 7:18
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Domino’s Pizza Inc (NYSE:DPZ) has today reported an increase in fourth quarter revenue that has exceeded analysts’ expectations.

Total revenue in the three months to 1 January was $819,435, compared to $741,183 in the year-ago period, buoyed by strong sales in the US and international markets and by a rise in store openings.

Analysts’ average estimate was $782,200, according to a poll by Thomson Reuters.

The pizza delivery chain’s revenues were supported by growth in online deliveries via apps for smartphones and smartwatches.

Same-store sales at company-owned outlets in the US increased 13.7%.

The rise in same store sales, combined with store openings, lifted net income 15.9% to $72,734, or $1.48 per share from $62,759, or $1.18 per share.

A net 171 outlets were opened in the US during the quarter, while 1,110 outlets were opened outside the nation.

The company declared a dividend of 38c per share, compared to 31c per share the same period a year earlier.

Shares rose 1.07% to $187.40 in US pre-market trading.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/173929/domino-s-pizza-delivers-tasty-results-with-better-than-expected-revenues-173929.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.