DPZ Updating Our Same-Store Sales and EPS Estimates for 2020E & 2021E
By Mark Kalinowski
Published on March 31, 2020 at 12:00 AM
We adjust our U.S. blended (company-owned and franchised combined) same-store sales estimates for Domino’s (DPZ; Neutral) as follows:
Q1E 2020: down by -190 basis points to an actual of +1.6%
Q2E 2020: down by -240 basis points to +0.6%
Q3E 2020: down by -190 basis points to +2.1%
Q4E 2020: stays at +3.5%
Full-year 2020E: down by -170 basis points to +2.0%
Full-year 2021E: up by +50 basis points to +3.5%