Domino's U.S. same-store sales growth of 4.8% in the quarter fell just short of expectations of growth of 4.91%, according to LSEG data. Analysts, however, ...
- Domino 's Pizza fell short of market expectations for second-quarter same-store sales on Thursday as U.S. consumers, particularly in the lower-income group, spent less on eating out or ordering in.
Domino's U.S. same-store sales growth of 4.8% in the quarter fell just short of expectations of growth of 4.91%, according to LSEG data. Still, a streamlined supply chain and resilience in its same-store sales in the U.S. helped the pizza maker earn a profit of $4.03 per share, compared with market expectations of $3.68.
Robust advertising revenue and franchise royalties and fees also helped second-quarter gross margin rise to 39.8% from 39.5% a year ago.The company reported total revenue of $1.10 billion in the second quarter, roughly in line with estimates.TD stock may look undervalued, but there are reasons for the price drop. Meanwhile, this dividend superstar has more to come. The post 1 Dividend Superstar I’d Buy Over TD Bank Stock appeared first on The Motley Fool Canada.
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