Domino’s Slips 3% as Q4 Earnings and Revenue Miss …
From Financial Modeling Prep: 2025-02-24 12:36:00
Domino’s Pizza (NASDAQ:DPZ) disappointed investors with lower-than-expected fourth-quarter results, causing a 3% drop in its stock price. Adjusted earnings per share came in at $4.89, missing the $4.96 estimate, while revenue of $1.44 billion fell short of the $1.49 billion forecast.
Global retail sales growth for Domino’s was 4.4%, lower than the 4.9% increase from the previous year. U.S. same-store sales only grew by 0.4%, indicating sluggish domestic demand.
Internationally, same-store sales growth for Domino’s improved to 2.7%, a significant jump from the previous year. The company opened 364 new stores worldwide during the quarter, continuing its aggressive expansion strategy.
Despite missing revenue targets, Domino’s maintained solid profitability. Operating income increased by 6.4% to $273.7 million, while net income rose by 7.7% to $169.4 million, driven by improved cost efficiencies.
Domino’s raised its quarterly dividend by 15% to $1.74 per share, showing confidence in its long-term growth prospects and commitment to shareholder returns despite revenue challenges in the short term.
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