Domino's Pizza reported fourth-quarter revenues of $1.54 billion, marking a robust 6.4% year-over-year increase and exceeding Wall Street forecasts. However, the company's adjusted earnings per share fell slightly short of expectations at $5.35, just below the forecast of $5.37. While US same-store sales outperformed predictions with a growth of 3.7%, international sales lagged, growing only 0.7%. Analysts at JP Morgan have upgraded Domino's to 'Overweight' due to promising growth prospects in China and India, crucial for future expansion.
“Domino's Pizza · is deemed a buy by · JP Morgan”
“Domino's Pizza · has growth potential in · China and India · accounting for roughly 75% of international unit growth”
“Domino's Pizza · has · 20 buys, 13 holds and 2 sell ratings”
“Domino's · posted revenue · $1.54 billion · up 6.4% year over year”
“Domino's · US same-store sales grew · 3.7% · above the 3.3% jump forecast”
“Domino's · international stores' same-store sales growth · 1.9% · missed expectations”
“Domino's · posted · revenue · $1.54 billion”
“Domino's · posted revenue · $1.54 billion · for the fiscal fourth quarter”
“Domino's · US same-store sales grew · 3.7% · above the 3.3% jump forecast”
“Domino's · adjusted earnings came in · fiscal fourth quarter · $5.35 per share”
“Domino's · same-store sales grew · US · 3.7%”
“Domino's · international stores same-store sales growth · for fourth quarter · 0.7%”
