By Ryan D. Lavender
Published on February 25, 2021 at 5:53 PM
Earlier today, Domino’s reported Q4 EPS of $3.85, above our $3.50 projection, but a little short of sell-side consensus of $3.88 (according to Consensus Metrix). The $3.85 figure includes a +39 cent boost from 2020’s extra, 53rd accounting week. The next 53-week fiscal year for Domino’s will be 2026.
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By Ryan D. Lavender
Published on February 16, 2021 at 4:59 PM
In December, we published a report — “Look to Popeyes to Learn about Domino’s and Papa John’s” — in which we noted that Popeyes Louisiana Kitchen would lap highly challenging same-store sales comparisons before Domino’s and Papa John’s would, and how Popeyes performed might have some lessons for these pizza players. Since then, Popeyes’ parent company Restaurant Brands International (QSR; Not Rated) reported that Popeyes’ Q4 2020 U.S. same-store sales declined by -6.4%. This, of course, lapped Popeyes’ Q4 2019 U.S. same-store sales advance of +37.9% — the best quarter for any publicly-traded restaurant concept of meaningful size of which we are aware.
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By Ryan D. Lavender
Published on February 9, 2021 at 2:54 PM
Domino’s plans to release its Q4 2020 earnings before the market open on Thursday, February 25th. How do DPZ shares tend to trade heading into earnings, and on the day of an earnings release?
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