Domino's Pizza, Inc. (DPZ) Q3 Earnings Top Estimates As Comps, Locations Grow

Domino's are attempting to emulate model of its fast food competitors to combat their declining sales by introducing a new menu including breakfast and desserts

Domino's are attempting to emulate model of its fast food competitors to combat their declining sales by introducing a new menu including breakfast and desserts

Domino's Pizza Inc.'s USA same-store sales increased 8.4 percent in its fiscal third quarter ended September 10, the company said Thursday, its 26 straight quarter of same-store sales increases. They now have a Dollars 201 price target on the stock.

Domino's Pizza (NYSE:DPZ) last posted its earnings results on Tuesday, July 25th. They were partially offset by higher general and administration expenses from investments in technological initiatives and expenses related to Domino's recapitalization, where the company borrowed $1.9 billion and used a portion of the proceeds to repay its remaining debt under its 2012 fixed rate notes.

Domino's recent sales have set a high bar for the pizza chain. Berenberg maintained it with "Buy" rating and GBX 400 target in Friday, March 24 report.

10/02/2017 - Stifel Nicolaus began new coverage on Domino's Pizza Inc giving the company a "buy" rating. Thirteen investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Domino's Pizza accounts for 1.5% of Navellier & Associates Inc's portfolio, making the stock its 13th largest position.

10/02/2017 - Domino's Pizza Inc had its "market perform" rating reiterated by analysts at Wells Fargo. If you are viewing this story on another domain, it was stolen and republished in violation of United States and worldwide copyright law. The firm has "Buy" rating given on Thursday, February 25 by Maxim Group. The legal version of this report can be viewed at https://www.truebluetribune.com/2017/10/11/dominos-pizza-inc-dpz-shares-bought-by-navellier-associates-inc.html. The consensus analysts recommendation at this point stands at 2.40 for Domino's Pizza, Inc. Instinet reaffirmed a "neutral" rating and issued a $198.00 price objective (up from $196.00) on shares of Domino's Pizza in a research report on Saturday, July 22nd.

Domino's Pizza Inc (NYSE:DPZ) traded up 0.38% during trading on Wednesday, hitting $210.24.

04/28/2017 - Domino's Pizza Inc had its "hold" rating reiterated by analysts at Jefferies. Analysts expected revenues of $627.35 million. Net income rose to $56.4 million, or $1.18 per share, from $47.2 million, or 96 cents per share, a year earlier. During the same period in the prior year, the firm earned $0.98 EPS. Shareholders of record on Friday, September 15th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, September 14th.

Revenue at the Ann Arbor, Mich. -based pizza chain increased 13.6 percent, to $643.6 million, from $566.7 million the previous year. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued. The Company's divisions are the UK, Ireland, Switzerland and global investments. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. Its basic menu features pizza products in various sizes and crust types.