Quick-food chain Domino’s Pizza (NYSE: DPZ) reported increased third-quarter revenues and a internet revenue that’s broadly unchanged year-over-year. In the meantime, earnings got here in above Wall Road’s forecasts.
The corporate reported internet revenue of $146.9 million or $4.19 per share for the third quarter, in comparison with $147.7 million or $4.18 per share within the prior-year interval. Analysts have been searching for decrease earnings for Q3.
Internet revenues elevated 5% yearly to $1.08 billion within the August quarter and got here consistent with analysts’ expectations. Home comparable-store gross sales grew 3% yearly.
Domino’s opened 208 new shops within the third quarter and closed 136 models. It had a complete of 21,002 shops on the finish of the quarter.
