Domino’s total revenue for the first quarter rose 5.9% over the year earlier to $1.09-billion, compared with market expectations of $1.08-billion
topped expectations for the first quarter on Monday, as consumers in the United States tapped into offers through the pizza chain’s loyalty program, driving its shares up nearly 6 per cent before the bell.
U.S. same-store sales rose 5.6 per cent in the quarter, beating LSEG estimates of a 4.04 per cent increase. Lower food costs and higher franchisee fee also boosted margins in the quarter. Its first-quarter earnings were at $3.58 per share, beating analysts’ estimates of $3.39. Domino’s said it remained on track to end the year with 3 per cent or more of its sales coming through the Uber Eats channel.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
United posts Q1 beat, but expectations 'were pretty low'United Airlines (UAL) reported better-than-expected first-quart results, beating estimates on both the top and bottom lines. The company posted revenue of...
Read more »
Our Guide To The Best Coolers In Canada In 2024 (And Where To Get Them)The Best Overall If you know that you need a brand new cooler, but you don’t know anything about coolers or what you’re looking for, you’re not alone. And that’s why we’re bringing you the Coleman 50-Quart Xtreme 5-Wheeled Cooler. It’s got a great capacity, it performs perfectly for days on end, and it’s got extras.
Read more »
GM earnings top forecasts, company raises outlook and sees 'variable profit' in EV unit by year-endGM results beat expectations as the automaker cited a 'resilient' consumer driving sales and profits higher.
Read more »
Would-be Tesla buyers snub company as Elon Musk’s reputation dipsWhile Tesla continued to post strong sales growth last year, helped by aggressive price cuts, the electric-vehicle maker is expected to report weak quarterly sales as early as Tuesday
Read more »
US Job Growth Surpasses Expectations, Potentially Delaying Fed Rate CutsU.S. job growth exceeded expectations in March, with wages also increasing steadily. The unemployment rate fell to 3.8%, reflecting a rebound in household employment. The strong labor market may delay anticipated Federal Reserve interest rate cuts.
Read more »
Boeing reports first revenue drop in seven quarters as deliveries declineBoeing’s quarterly revenue was $16.57 billion, down from $17.92 billion a year earlier but beating expectations of $16.23 billion
Read more »