DPZ Adjusting Our Q4E International SameStore Sales Forecast

By Mark Kalinowski Published on November 18, 2018 at 12:00 AM

For Domino’s (DPZ; Buy), we lower our Q4E same-store sales forecast by 100 basis points, to +3.5%. This places us 80 basis points below sell-side consensus, and also ties us for the low sell-side projection, according to Consensus Metrix data. (FYI, our below-consensus Q4E EPS estimate remains unchanged at $2.64.)