PHILADELPHIA, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Domino's Pizza, Inc. ("Domino's" or the "Company") (NYSE: DPZ) on behalf of purchasers of Domino's securities between December 7, 2023 through July 17, 2024, inclusive (the "Class Period"). Investors that suffered losses from DOMINO'S (NYSE: DPZ) investments can follow the link below for more information regarding the lawsuit: CLICK HERE to learn more about the ...

After Domino's Pizza (NYSE: DPZ) released its Q3 2024 earnings report on October 10, shares, which opened at $407.38, quickly reached a price of $429.67 by the closing bell on Friday, October 11. The stock is now in the green on the year-to-date (YTD) chart, having rallied by 3.91% over the course of that timeframe. A 5.47% surge like this isn't too noteworthy on its own — however, despite posting a strong beat in terms of earnings per share (EPS), DPZ failed to meet consensus estimates regarding revenue. O ...

The market continued to be impressed by the previous day's convincing bottom-line beat. One trading session after Domino's Pizza (DPZ 5.12%) delivered its latest set of quarterly earnings figures, the company's shares zoomed more than 5% higher on Friday. A clutch of pundits tracking the stock weighed in on those results, and investors chose to accept the more positive takes. That 5%-plus share price rise was far higher than the 0.8% advance of the S&P 500 across the day. A powerful earnings beat For its th ...

Group 1 - The core viewpoint is that Domino's Pizza (NYSE: DPZ) shares were recommended as a buy in May 2023 due to a historically cheap valuation and positive growth prospects in international markets [1] - Since the recommendation, Domino's Pizza shares have increased by approximately 40% [1] Group 2 - The analyst, Ian Bezek, has a background as a former hedge fund analyst and has spent a decade conducting research in Latin America, focusing on markets such as Mexico, Colombia, and Chile [2] - Bezek specializes in identifying high-quality compounders and growth stocks at reasonable prices in the US and other developed markets [2]

The concept of collecting a dividend from companies that I am a consumer of triggers the endorphins in my brain and create a pleasant experience. The same can be said when eating a slice of pizza. It was a rainy night Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking out high ...

Domino's Pizza announced Thursday it fell short of sales estimates in the third quarter as restaurant operators intensified their pursuit for price-conscious customers by doubling down on value offers. The world's largest pizza chain has revamped its reward program and enhanced its discount offerings, but it still faces challenges from fastfood rivals that can offer more affordable value meals. McDonald's, for example, brought back its fan-favorite $5 Meal Deal this summer and extended it the promo through ...

U.S. stocks traded lower toward the end of trading, with the S&P 500 falling around 0.3% on Thursday. The Dow traded down 0.36% to 42,360.40 while the NASDAQ fell 0.20% to 18,255.32. The S&P 500 also fell, dropping, 0.33% to 5,772.71. Check This Out: Netflix To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Thursday Leading and Lagging Sectors Energy shares jumped by 1.1% on Thursday. In trading on Thursday, real estate shares fell by 0.9%. Top Headline Domino's Pizza Inc DPZ reported mixed third-q ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Domino's Pizza, Inc. (NYSE:DPZ) Q3 2024 Earnings Conference Call October 10, 2024 8:30 AM ET Company Participants Greg Lemenchick - VP of IR Russell Weiner - CEO Sandeep Reddy - CFO Conference Call Participants David Tarantino - Baird David Palmer - Evercore ISI Brian Bittner - Oppenheimer Dennis Geiger - UBS John Ivankoe - JPMorgan Peter Saleh - BTIG Sara Senatore - Bank of America Gregory Francfort - Guggenheim Jon Tower - Citi Danilo Gargiulo - Bernstein Christine Cho - Goldman Sachs Chris O'Cull - Stife ...

Company Performance - Domino's Pizza's Q3 revenue grew by 4.9% globally, with a 5.1% FX-neutral gain, driven by growth in both U.S. and International segments [3] - U.S. comparable sales increased by 3.0%, while International comparable sales were light at 0.8% [3] - The company added 72 net new stores, contributing to a nearly 4% increase in total store count by the end of Q3 [3] - GAAP earnings were $4.19, up by a penny compared to last year, supported by share repurchases [4] - Free cash flow improved, sustaining capital return and balance sheet strength, with further sequential improvement expected [4] Financial Metrics - Domino's Pizza's stock price is $419.73, up 1.58% with a 52-week range of $332.13 to $542.75 [1] - The company has a dividend yield of 1.44% and a P/E ratio of 27.40 [1] - The price target for Domino's Pizza is $504.03, with analysts projecting a 19.7% upside [1][6] - Q3 share buybacks totaled nearly $200 million, reducing the average share count by 1% [5] - The company maintains a strong balance sheet, with robust share repurchases expected to continue through 2025 [5] Strategic Initiatives - Domino's "Hungry for MORE" strategy is driving growth and leveraging bottom-line results, positioning the company for accelerated growth as macroeconomic conditions improve [1] - The company expects store count growth, market penetration, cash flow, and capital return to drive shareholder value until interest rate cuts in 2025 [2] - Domino's guidance for 2024 includes a revised revenue target of 6%, with earnings forecasts maintained, signaling bullish market sentiment [6] - The relaunch of the Emergency Pizza deal for loyalty members could lead to higher-than-expected forecasts for 2025 [6] Market and Analyst Sentiment - Domino's Q3 results were mixed, with revenue slightly missing consensus by 180 basis points but offset by top-line growth and improved operating leverage [2] - Analysts have lowered price targets but maintain a high conviction in the stock, with an average target of $522.5 and Outperform ratings from BMO Capital and Baird [7] - The stock price fell nearly 3% post-earnings but quickly rebounded, with a 2% increase at the high, indicating strong support and potential for further upside [8] - Domino's Pizza has a "Moderate Buy" rating, but top-rated analysts suggest other stocks may offer better investment opportunities [9][10] Industry Outlook - Falling interest rates, expected to begin in Q2 2025, along with G-7 central bank rate cuts, are anticipated to reinvigorate economic activity and benefit restaurant stocks [2] - Domino's is well-positioned to sustain capital returns and balance sheet improvements, supported by projected earnings growth of 8% and a 4% increase in store counts [6]