Domino's Pizza shares rose about 8.3% in premarket trading on Monday after the pizza chain reported second-quarter revenue of $1.19 billion, up 4.3% year over year and ahead of the $1.18 billion consensus estimate. Diluted earnings per share came in at $4.07, missing analyst expectations of $4.17. Revenue growth was driven by higher order volumes, a 2.2% increase in food basket pricing to stores, and higher franchise royalty and advertising revenue as the company benefited from store growth. U.S. same-store sales increased 0.1% during the quarter, while international same-store sales, excluding foreign currency impacts, declined 0.1%. Domino's added a net 209 stores globally, including 26 net openings in the U.S. and 183 internationally.
Domino's Pizza Inc Common StockRevenue beat estimates, driving share price jump despite EPS miss.
Domino’s Pizza Group PLC