On Wednesday, Domino's Pizza, Inc. (NYSE:DPZ) negotiated 3,201,192 shares against it an average volume of 801,809 shares. The stock concluded the recent trade at $253.01 with upbeat/downbeat trend move of +2.62%. The company has total market value of 10.4B billion. The daily trading range was observed between a day’s low price of $244.66 to a day’s high price of $253.16.

Domino's Pizza, Inc. (DPZ) reported results for the second quarter, comprised of growth in global retail sales and earnings per share. Global retail sales raised 5.1% in the second quarter, or 8.4% without the negative impact of changes in foreign currency exchange rates. U.S. same store sales grew 3.0% during the quarter versus the previous year quarter, continuing the positive sales momentum in the Company's U.S. business. The international division also posted positive results, with same store sales growth of 2.4% during the quarter. The second quarter marked the 102nd consecutive quarter of international same store sales growth and the 33rd consecutive quarter of U.S. same store sales growth. The Company had second quarter global net store growth of 200 stores, comprised of 42 net new U.S. stores and 158 net new international stores.

Revenues raised $32.2M, or 4.1%, in the second quarter of 2k19. This raise was primarilyBecause of an raise in worldwide store counts during the trailing four quarters as well as U.S. and international same store sales growth, resulting in higher supply chain and global franchise revenues. The raise in international franchise revenues was partially offset by the negative impact of changes in foreign currency exchange rates. These raises were partially offset by a decrease in U.S. Company-owned store revenuesBecause of the before reported sale of 59 U.S. Company-owned stores to existing U.S. franchisees in the second quarter of 2k19 (the "Second Quarter Store Sale").

Net Income raised $15.0M, or 19.3%, in the second quarter of 2k19. This raise was primarily driven by higher royalty revenues from U.S. and international franchised stores and higher supply chain volumes. Higher tax benefits from equity-based compensation as contrast to the previousyear quarter also positively influenced net income. Lower net interest expense in the second quarter of 2k19 further benefited net income as a result of $3.3M of incremental interest expense recorded in the second quarter of 2k18 as part of the Company's 2k18 recapitalization transaction (see the Financial Results Comparability section on page three). These raises in net income were partially offset by higher general and administrative expenses, primarilyBecause of a $2.4M pre-tax loss from the Second Quarter Store Sale.

Diluted EPS was $2.19 for the second quarter of 2k19 versus $1.78 in the second quarter of 2k18, which represents an raise of 23.0%. Diluted EPS was $2.19 for the second quarter of 2k19 versus diluted EPS, as adjusted, of $1.84 in the second quarter of 2k18, which represents an raise of 19.0%. The raise in diluted EPS was driven by higher net income, as well as lower diluted share count, primarily as a result of the Company's share repurchases made during the trailing four quarters. (See the Financial Results Comparability section on page three and the Comments on Regulation G section on page four for additional details.)

DPZ switched up -8.36% 20-Days Simple Moving Average dropped -9.34% from 50-Days Simple Moving Average and fell -5.04% from 200 Days Simple Moving Average. Analysts mean Recommendation on a stock is noted at 1.90. Analyst Recommendation is an outlook of a stock-market analyst on a stock. Rating Scale: 1.0 represent “Strong Buy” and 2.0 signify “Buy” 3.0 while shows “Hold”. 4.0 display “Sell” and 5.0 reveal “Strong Sell” rating.
Sunday, May 19, 2024