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Domino's Pizza Fiscal Q3 Earnings, Revenue Rise; Lowers Fiscal 2024 Guidance
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Domino's Pizza Fiscal Q3 Earnings, Revenue Rise; Lowers Fiscal 2024 Guidance
Oct 10, 2024 10:53 PM

07:14 AM EDT, 10/10/2024 (MT Newswires) -- Domino's Pizza (DPZ) reported fiscal Q3 earnings Thursday day of $4.19 per diluted share, up from $4.18 a year earlier.

Analysts polled by Capital IQ expected $3.64.

Total revenue for the fiscal quarter ended Sept. 8 was $1.08 billion, up from $1.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.01 billion.

For fiscal 2024, the retail restaurant chain expects annual income growth from operations of about 8% on retail sales growth of about 6%. For fiscal 2025, the company expects annual global retail sales growth and annual income from operations growth to be generally in line with its 2024 expectations.

That compared with prior-long-term guidance for 2024 though 2028 of annual income growth from operations of above 8% on retail sales growth of above 7%.

Analysts polled by Capital IQ expect fiscal 2024 earnings of $16.19 per share on revenue of $4.80 billion, and fiscal 2025 earnings of $17.72 on revenue of $1.05 billion.

Shares of the company were down more than 2% in Thursday's premarket activity.

Price: 402.00, Change: -11.20, Percent Change: -2.71

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