Domino's Pizza $DPZ reported a significant beat on quarterly sales estimates, driven by a revamp of its loyalty program and a delivery partnership with Uber Eats. The company's earnings per share (EPS) of $4.48 exceeded expectations of $4.40, with revenue reaching $1.4 billion, surpassing the anticipated $1.3 billion. U.S. same-store sales (SSS) saw a 2.8% increase. Additionally, Domino's announced a 25% increase in its quarterly dividend, raising it to $1.51 per share from the previous $1.21 and authorized an additional $1 billion for its share buyback program. The stock experienced a pre-market surge of up to 5.6%, with shares hitting new 2-year highs. The company's performance is attributed to positive U.S. transactions and same-store sales growth in both delivery and carryout channels, reflecting strong business momentum.
Consumers are maximizers. Chipotle and Domino’s are cheaper to feed a family than McDonald’s. 🍛 $10 at Chipotle; two meals 🍕 $10 at Domino’s; two meals 🍔 $10 at McDonald’s; one meal https://t.co/As3pTdIrC4
Domino's got 0.4% of its sales last quarter from Uber. But it expects that percentage to increase this year with marketing, awareness. Expects that to be 3%+ by the end of the year. $DPZ
Dominos $DPZ domestic comparable sales grew 2.8%, which beat analyst estimates for 2.2%. Shares rose as much as 8.6% in premarket trading in New York before paring the gain to 5%.
Franchisee profitability per store in 2023 at Domino's was $163k, up $23k from 2022. $DPZ
Domino’s Pizza shares rise after fourth-quarter US comparable sales beat expectations, bucking a trend among fast-food chains https://t.co/sMcjIJE06I
Domino's says it has added 2 million more loyalty members since it relaunched Domino's Rewards last year. The program has generated higher transactions and more people are using the program for carryout orders. $DPZ
Stocks making the biggest moves premarket: Domino's Pizza, Berkshire Hathaway, Moderna, Fluence Energy and more https://t.co/wQtWpR1dwF
$DPZ (+4.2% pre) Domino’s stock leaps toward a 2-year high after profit rises above forecasts - MW https://t.co/zSob8MlLM9
$DPZ (+5.5% pre) Domino's is off to new 2 year highs after delivering strong profitably results and increasing its dividend by 25% "Positive U.S. transactions and same-store sales growth in both our delivery and carryout channels in Q4 underscore the strength in our business" https://t.co/HSVYLd1EDK
Domino's Pizza in Q4 2023: —>Global sales: +4.9% [FY 23: +5.9%] —>US same-store sales: +2.8% [FY 23: +1.6%] CEO: "Our +ve US transactions & same-store sales growth in both our delivery & carryout channels in Q4 underscore the strength momentum in our business" $DPZ: +4.6% PM https://t.co/SqChOHycy7 https://t.co/Jnpzp3wmho
DOMINO’S PIZZA $DPZ JUST RAISED ITS DIVIDEND BY 25% Domino’s declared a quarter dividend of $1.51 per share up from its previous quarterly dividend of $1.21 per share Domino’s also authorized an additional $1B to be added to its share buyback program https://t.co/obhJ5N9nPi
Domino's Pizza $DPZ reported earnings this morning EPS of $4.48 beating expectations of $4.40 Revenue of $1.4B beating expectations of $1.3B
Domino’s posts profit beat, and its stock is gaining https://t.co/vWtRtgqmHl
$DPZ Domino's Pizza beats on eps, misses on rev. US SSS up 2.8%. Boosts dividend 25%. Stock up 5.6% premkt. https://t.co/HUHaemo1Db
⚠️ DOMINO'S PIZZA BEATS QUARTERLY SALES ESTIMATES AS DEMAND BOUNCES BACK (Reuters) Domino's Pizza surpassed Wall Street expectations for quarterly same-store sales on Monday, as a revamp of its loyalty program and its delivery partnership with Uber Eats boosted appetite for its… https://t.co/23NBLHgnje
Domino’s Pizza Beat Earnings Expectation. How It Plans to Grow More. https://t.co/YE9IOvk7uQ