Earlier today, Domino’s (DPZ; Buy, $365.12) reported adjusted Q4 EPS of $3.13, coming in ahead of our $2.99 forecast and sell-side consensus (according to Consensus Metrix) of $2.97.
Earlier today, Dine Brands (DIN; Buy) reported adjusted Q3 EPS of $1.55. This matched our $1.55 projection, and came in a little ahead of sell-side consensus (according to Consensus Metrix) of $1.53.
Earlier today, Domino’s (DPZ; Buy) reported second-quarter EPS of $2.19, ahead of our $2.04 forecast and sell-side consensus (according to Consensus Metrix) of $2.02. However, a lower-than-projected tax rate of 12.9% (versus our 20.5% projection and consensus of 19.8%) helped EPS by about $0.20 relative to our forecast. On the other hand, EPS was hampered by about $0.04 related to a loss on the sale of 59 New York City area stores. Taking the tax-rate and refranchising loss issues out, Q2 EPS would have been one cent below our forecast and one cent above sell-side consensus.