Domino’s Pizza, Inc. (NYSE: DPZ) reported a sharp increase in second-quarter earnings, which also topped analysts’ forecast. The company’s stock gained early Thursday following the announcement.
Net income was $118.7 million or $2.99 per share in the second quarter, compared to $92.4 million or $2.19 per share in the same period of last year.
Revenues moved up 13.4% annually to $920 million during the three-month period, aided by higher global retail sales resulting from U.S. same-store sales growth and an increase in store counts. The top-line also exceeded Wall Street’s prediction.
In a separate statement, the company said executive vice president and chief financial officer Jeffrey Lawrence has decided to retire, after more than two decades of service. Lawrence will continue serving as CFO until the management identifies his successor.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on