Domino’s Pizza: Q2 Earnings Snapshot
ANN ARBOR, Mich. (AP) _ Domino’s Pizza Inc. (DPZ) on Thursday reported second-quarter earnings of $116.6 million.
On a per-share basis, the Ann Arbor, Michigan-based company said it had net income of $3.06. Earnings, adjusted for non-recurring costs, were $3.12 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.86 per share.
The pizza chain posted revenue of $1.03 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $967.5 million.
Domino’s Pizza shares have climbed 23% since the beginning of the year. The stock has risen 21% in the last 12 months.