Domino's Q3 Net Income Hits $152.2M
DPZ is trading near its 52-week low of $282 (10% above the low).
Summary
Domino's reported Q3 net income of $152.2 million, with EPS of $4.60 and revenue of $1.19 billion. Global net store growth was 175, including 26 net store openings in the U.S. and 149 internationally. U.S. company-owned stores same-store sales rose 1%, while U.S. franchise stores same-store sales rose 0.3%. Income from operations rose 8.3%. This follows Q2's net income of $13 million, indicating a sharp sequential improvement. The company declared a $1.99 per share quarterly dividend payable December 30 to shareholders of record December 15, and repurchased 216,282 shares for $73.6 million in Q3.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Domino's declared a $1.99 per share quarterly dividend payable December 30 to shareholders of record December 15, and repurchased 216,282 shares for $73.6 million in Q3.
At the time of this announcement, DPZ was trading at $310.45 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $10.3B. The 52-week trading range was $282.00 to $442.35. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.