Wednesday January 24, 2024, 09:27:10
Back on November 1st, the largest Domino’s master franchisee (Australia-based Domino’s Pizza Enterprises) reported that for the first 16 weeks of its fiscal 2024, group same-store sales rose by +2.7%. This +2.7% showing lapped a -1.0% figure from the year-ago period. For more info, click on the following, and scroll down to presentation slide #12:
Thursday December 7, 2023, 12:01:36
Earlier today, Domino’s hosted an Analyst Meeting in Ann Arbor, Michigan that was well-received. Shares of DPZ are up by about +2.5% intraday, as of this writing. Positives include improved (positive) U.S. delivery same-store sales so far in Q4, a 2024-28 annualized target of +3% or greater U.S. same-store sales growth (and management noting it anticipates being above the +3% mark specifically in 2024), and long-term store targets of 8,500+ for the U.S. and 40,000+ for international. Risks include operating margins that the company anticipates will be about flat next year versus 2023 levels.
Thursday October 12, 2023, 09:46:12
Earlier today, Domino’s reported Q3 EPS of $4.18. This was above our $3.20 estimate and sell-side consensus (according to Consensus Metrix) of $3.31. Importantly, the remeasurement of the value of Domino’s investment in DPC Dash (Domino’s China; 1405.HK; Not Rated) added +59 cents to EPS. Excluding this gain, Q3 EPS would have been about $3.59, still well above our estimate and consensus. FYI, we had estimated that the remeasurement would add about +63 cents to Domino’s Q3 EPS; for more info:
Wednesday September 4, 2024
Thursday August 29, 2024
Tuesday August 27, 2024
Wednesday September 4, 2024
Thursday August 29, 2024
Tuesday August 27, 2024