Thursday July 21, 2022, 12:14:39
By Mark Kalinowski
Earlier today, Domino’s reported Q2 EPS of $2.82, short of our $3.00 forecast and sell-side consensus (according to Consensus Metrix) of $2.90. However, the Q2 tax rate of 23.2% was more onerous than our 19.0% projection and consensus of 19.2%. If the tax rate had been equal to consensus, by our calculations Q2 EPS would have been +16 cents higher – placing it +8 cents above consensus, and only -2 cents below our forecast.
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Thursday April 28, 2022, 11:11:10
By Mark Kalinowski
Earlier today, Domino’s reported Q1 earnings that disappointed the Street. First-quarter EPS came to $2.50, well short of our $3.05 forecast and sell-side consensus (according to Consensus Metrix) of $3.06.
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Thursday April 7, 2022, 07:00:00
By Mark Kalinowski
Domino’s recently announced that it would increase the price of its Delivery Mix & Match offer in the U.S. to $6.99 ($6.99 each for delivery of two or more menu items selected from the Mix & Match menu). We believe that by the end of March, this menu-price increase was substantially complete. What could it mean for Domino’s earnings?
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