Domino’s income falls shy of Road expectations

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Domino’s income falls shy of Road expectations

Posted by: Market Watch in Market Information 12 minutes in the past Domino’s Pizza Inc. shares fell 1% in Thursday premarket buying and se


Domino’s Pizza Inc. shares fell 1% in Thursday premarket buying and selling after first-quarter income fell shy of Road expectations. Web revenue totaled $117.Eight million, or $3.00 per share, down from $121.6 million, or $3.07 per share, final yr. Income totaled $983.7 million, up from $873.1 million final yr. The FactSet consensus was for EPS of $2.94 and income of $985.Zero million. U.S. same-store gross sales had been up 13.4%, whereas worldwide same-store gross sales rose 11.8%. The FactSet consensus was for U.S. same-store gross sales progress of 9.7%, and worldwide progress of 6.0%. Domino’s inventory is up 5.3% for the yr so far whereas the S&P 500 index has gained 11.4% for the interval.Market Pulse Tales are Speedy-fire, quick information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra data on this information.

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