Sunday September 10, 2023, 10:00:00
DPZ: How Domino’s Investment in DPC Dash Could Affect its Q3 EPS
In its second-quarter earnings release this past July 24th, Domino’s noted that for Q2 2023, its “increases in net income were partially offset by a $15.0 million pre-tax unrealized loss associated with the remeasurement of the Company’s investment in DPC Dash Ltd (‘DPC Dash’) which was recorded in other expense in the Company’s condensed consolidated statements of income…. the unrealized loss associated with the remeasurement of the Company’s investment in DPC Dash [was] $0.32” per share.