Earnings

Domino’s Pizza (DPZ) Q2 2020 earnings beat

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An employee moves a pizza to an oven at a Domino’s Pizza Inc. restaurant in Chantilly, Virginia.

Andrew Harrer | Bloomberg | Getty Images

Domino’s Pizza on Thursday reported that its quarterly U.S. same-store sales soared 16.1% as more consumers ordered pizza delivery and takeout during the coronavirus pandemic.

Shares were down 1.5% in morning trading amid a broader market sell off.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $2.99 vs. $2.24 expected 
  • Revenue: $920 million vs. $911.5 million expected

The pizza chain reported fiscal second-quarter net income of $118.7 million, or $2.99 per…



Source cnbc.com

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