Domino’s Pizza: Q1 Earnings Snapshot

ANN ARBOR, Mich. (AP) _ Domino’s Pizza Inc. (DPZ) on Thursday reported first-quarter profit of $117.8 million.

The Ann Arbor, Michigan-based company said it had net income of $3 per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.94 per share.

The pizza chain posted revenue of $983.7 million in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $978.6 million.

Domino’s Pizza shares have increased slightly more than 5% since the beginning of the year. The stock has increased 13% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DPZ at https://www.zacks.com/ap/DPZ

Categories: Business News