Comparable sales growth shines at Domino's Pizza
- Domino's Pizza (NYSE:DPZ) pushes right past consensus estimates with its Q2 report.
- Comparable sales jumped 11.2% at U.S. company-owned stores to top the 8.9% mark expected by analysts. Comparable sales were up 9.3% at U.S. franchised outlets vs. +7.5% expected. International comparables sales rose 2.6% to fall short of the +5.0% pace seen by analysts.
- Net income increased 33.5% Y/Y as scale and lower food costs factored in.
- Domino's did not buy back any shares during the quarter under its repurchase progam.
- Previously: Domino's Pizza beats by $0.09, beats on revenue (July 25)
- DPZ +0.48% premarket to $215.00.