Monday February 26, 2024, 09:47:18
By Mark Kalinowski
Earlier today (Monday), Domino’s reported Q4 EPS of $4.48, coming in above our $4.39 forecast and sell-side consensus (according to Consensus Metrix) of $4.37.
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Wednesday January 24, 2024, 09:27:10
By Mark Kalinowski
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:
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Thursday December 7, 2023, 12:01:36
By Mark Kalinowski
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.
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