Is Domino's Pizza a Buy After Its Latest Earnings Report?
The company beat on revenue but fell short on earnings.
Overview
Domino's Pizza (NASDAQ: DPZ) reported Q2 earnings before the market opened on Monday, and it was a mixed bag for the world's largest pizza chain.
The company beat on revenue, which grew 4.3% year over year to $1.194 billion, slightly topping analysts' forecasts of $1.18 billion.
But the company's earnings per share (EPS) came in at $4.07, missing the analysts' consensus estimate of $4.11, yet handily beating the prior-year quarter's EPS of just $3.81, for a growth rate of $0.26/share, or 6.8%.
Details
But the biggest news for Domino's investors was its unchanged forecast for the year, which still called for low-single-digit same-store sales growth in both U.S. and international locations.
Source
Originally published at www.fool.com.