[Click here for information about joining the class action] Attorney advertising. Prior results do not guarantee similar outcomes. The investigation concerns whether Domino's and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the ...

Major U.S. equities indexes declined Thursday, with geopolitical concerns weighing on the markets and tech stocks selling off for a second consecutive session. Shares of mining giant and major copper producer Freeport-McMoRan (FCX) sank 5.3%. After peaking at a record high in May, copper prices have trended downward amid demand uncertainty, particularly in China. Key Takeaways Domino's Pizza (DPZ) shares plunged 13.6%, losing the most ground of any S&P stock, after the chain restaurant's second-quarter reve ...

At 31 times earnings and with store openings slowing, does Domino's stock cost too much? Shares of Domino's Pizza (DPZ -13.51%) were down 13.5% as of 1:35 p.m. ET Thursday despite reporting strong earnings in its fiscal Q2 2024 financial report this morning. So why is the stock down today? Total revenue for the pizza chain was up 7%, in line with expectations. However, Domino's appears to have fallen just short of predictions for same-store sales growth in particular (4.8%), and so relied more on opening ne ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

Key Takeaways Domino's Pizza (DPZ) shares sank in intraday trading Thursday after the pizza-delivery giant reported revenue that missed expectations and pulled back expansion plans overseas. Domino's net income rose almost 30% to $142 million, or $4.03 per share, beating estimates. Much of the profit growth was due to an accounting effect, the company said. Domino's Warns of Missing Goal for Net New Stores Worldwide Domino's said it was "temporarily suspending" its guidance for at least 1,100 net new global ...

First E II 0 0 0 E E 0 0 a II E 1 H D-Keine We like Domino's Pizza, Inc. (NYSE:DPZ) here at $410 for a long-term buy. Shares have corrected some 24% from highs, and we think this sets up entry for investors. This comes following its just-reported quarterly earnings showed a nice profit beat, but some questions surrounding international growth and comparable sales have led to the Street taking some caution. While consumers are certainly pressured by rampant inflation, and restaurant input costs for ingredien ...

Domino's Pizza, Inc. (DPZ) reported mixed second-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top and the bottom line increased from the prior-year quarter's figure. Earnings & Revenue Discussion Revenues of $1.09 billion missed the consensus mark of $1.1 billion. The top line increased 7.1% on a yearover-year basis. The upside can be attributed to higher revenues from the supply chain courtesy of higher order volumes and an increase in t ...

Domino's Pizza, Inc. (NYSE:DPZ) Q2 2024 Earnings Conference Call July 18, 2024 8:30 AM ET Company Participants Greg Lemenchick - VP of IR Russell Weiner - CEO Sandeep Reddy - CFO Conference Call Participants Dennis Geiger - UBS Brian Bittner - Oppenheimer David Tarantino - Baird Andrew Charles - TD Cowen David Palmer - Evercore ISI Lauren Silberman - Deutsche Bank Gregory Francfort - Guggenheim John Ivankoe - JPMorgan Sara Senatore - Bank of America Danilo Gargiulo - Bernstein Peter Saleh - BTIG Chris O'Cul ...

The Domino's Pizza earnings report starts with its diluted earnings per share of $4.03. That's better than Wall Street's estimate of $3.65 per share. It's also a 30.8% improvement year-over-year compared to $3.08. "For the second straight quarter we drove U.S. comp performance in the healthiest way possible, through profitable order count growth. We had positive order counts in our delivery and carryout businesses, and across all income cohorts. Our strategy is resonating with customers and our system, whic ...

Core Insights - Domino's Pizza reported an earnings surprise of 8.92%, with actual earnings of $3.58 per share compared to the expected $3.37 per share, marking a surprise of 6.23% in the previous quarter [1] - The company posted revenues of $1.1 billion for the quarter ended June 2024, which was 0.64% below the Zacks Consensus Estimate, but an increase from $1.02 billion in the same quarter last year [2] - The stock has increased by approximately 14.8% year-to-date, while the S&P 500 has gained 17.2% during the same period [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $3.68 on revenues of $1.11 billion, and for the current fiscal year, it is $16.03 on revenues of $4.83 billion [5] - The estimate revisions trend for Domino's Pizza is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [11] Industry Context - The Retail - Restaurants industry, to which Domino's belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges ahead [12] - Another competitor in the industry, Wendy's, is expected to report revenues of $578.51 million, reflecting a 3% increase from the previous year [7]