Categories AlphaGraphs, Earnings, LATEST, Retail

Domino’s Pizza Q2 profit jumps 19%, beats estimates

Fast-food chain Domino’s Pizza (NYSE: DPZ) reported a 19% jump in earnings for the second quarter of 2019 helped by higher royalty revenues from US and international franchised stores and an increase in supply chain volumes as well as healthy growth in global retail sales. The bottom line exceeded analysts’ expectations while the top line missed consensus estimates.

Net income climbed by 19% to $92.4 million or $2.19 per share. Revenue rose by 4% to $811.65 million, primarily due to an increase 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.

Global retail sales increased by 5.1% in the second quarter. US same-store sales grew 3% from a year ago, continuing the positive sales momentum in its US business. The international division also posted positive results, with same-store sales growth of 2.4% during the quarter.

Domino's Pizza Q2 profit jumps 19%

The second quarter marked the 102nd consecutive quarter of international same-store sales growth and the 33rd consecutive quarter of US 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.

During the second quarter of 2019, the company repurchased and retired 12,295 shares of its common stock under its board of directors-approved open market share repurchase program for about $3.3 million. As of June 16, 2019, the end of the second quarter, the company’s total remaining authorized amount for share repurchases was about $147.3 million.

On July 10, 2019, the company’s board of directors declared a quarterly dividend of $0.65 per share. The dividend will be paid on September 30, 2019, to the shareholders of record as of September 13, 2019.

Shares of Domino’s Pizza ended Monday’s regular session down 4.32% at $269.92 on the NYSE. Following the earnings release, the stock fell over 6% in the premarket session.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

Comments

  1. Pingback: Globalization
  2. Pingback: ????? ?????????
  3. Pingback: fue
  4. Pingback: Student Success
  5. Pingback: Fiverr Earn
  6. Pingback: Fiverr Earn
  7. Pingback: fiverrearn.com
  8. Pingback: fiverrearn.com
  9. Pingback: fiverrearn.com
  10. Pingback: fiverrearn.com
  11. Pingback: fiverrearn.com
  12. Pingback: fiverrearn.com
  13. Pingback: clima hoy
  14. Pingback: fiverrearn.com
  15. Pingback: fiverrearn.com
  16. Pingback: fiverrearn.com
  17. Pingback: chiweenie
  18. Pingback: cavapoos
  19. Pingback: bitcoin
  20. Pingback: bikini
  21. Pingback: future university
  22. Pingback: future university
  23. Pingback: future university
  24. Pingback: future university
  25. Pingback: wix seo
  26. Pingback: Fiverr.Com
  27. Pingback: lean manufacturing
  28. Pingback: Packing materials
  29. Pingback: Moving trucks
  30. Pingback: Organized moving
  31. Pingback: Classic Books 500
  32. Pingback: FiverrEarn
  33. Pingback: Fiverr.Com
  34. Pingback: FiverrEarn
  35. Pingback: Speaker
  36. Pingback: FiverrEarn
  37. Pingback: FiverrEarn
  38. Pingback: partners
  39. Pingback: FUE
  40. Pingback: gluco trust
  41. Pingback: Predictions
  42. Pingback: FiverrEarn
  43. Pingback: live sex cams
  44. Pingback: live sex cams
  45. Pingback: FiverrEarn
  46. Pingback: FiverrEarn
  47. Pingback: FiverrEarn
  48. Pingback: FiverrEarn
  49. Pingback: FiverrEarn
  50. Pingback: FiverrEarn
  51. Pingback: FiverrEarn
  52. Pingback: FiverrEarn
  53. Pingback: sns
  54. Pingback: website builder
  55. Pingback: FiverrEarn
  56. Pingback: FiverrEarn
  57. Pingback: cheap sex cams
  58. Pingback: dog probiotics
  59. Pingback: live sex cams
  60. Pingback: live sex cams
  61. Pingback: live sex cams
  62. Pingback: frt trigger
  63. Pingback: Alienlabs Agent
  64. Pingback: 늑대닷컴
  65. Pingback: Agen slot online
  66. Pingback: One Peace AMV
  67. Pingback: nang sydney
  68. Pingback: superslot
  69. Pingback: allgame
  70. Pingback: 918kiss
  71. Pingback: หวย24
  72. Pingback: Best eye cream
  73. Pingback: pg slot
  74. Pingback: cybersécurité
  75. Pingback: Raahe Guide
  76. Pingback: weight loss drops
  77. Pingback: contratar sicario
  78. Pingback: itsMasum.Com
  79. Pingback: itsMasum.Com
  80. Pingback: itsMasum.Com
  81. Pingback: Nangs delivery
  82. Pingback: chat the strangers
  83. Pingback: itsmasum.com

Comments are closed.

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top