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 ...

Market Overview - U.S. stocks traded lower, with the S&P 500 falling approximately 0.3% on Thursday, while the Dow decreased by 0.36% to 42,360.40 and the NASDAQ dropped 0.20% to 18,255.32 [1] - Energy shares increased by 1.1%, while real estate shares fell by 0.9% [1] Company Performance - Domino's Pizza Inc reported mixed third-quarter results, with sales growth of 5.1% year-over-year to $1.08 billion, missing the analyst consensus estimate of $1.10 billion. However, EPS of $4.19 exceeded the consensus estimate of $3.68 [2] - BloomZ Inc shares surged 65% to $1.1801 after being selected as the primary animation contractor for an upcoming project [2] - LSB Industries, Inc shares rose 15% to $9.57 following an upgrade from UBS analyst Joshua Spector from Neutral to Buy, with a price target increase from $9.5 to $11 [2] - Symbotic Inc shares gained 16% to $27.05 after announcing an agreement for warehouse automation systems for Walmex and strategic expansion in Mexico [2] Declining Stocks - Gritstone bio, Inc shares plummeted 61% to $0.0780 after announcing a voluntary Chapter 11 restructuring [3] - Indivior PLC shares fell 19% to $583.00 after providing preliminary third-quarter revenue guidance and cutting FY24 net revenue guidance below estimates [3] - 10x Genomics, Inc shares decreased by 24% to $15.76 after guiding third-quarter preliminary revenue of $151.7 million, down 1% year-over-year [3] Commodities - Oil prices increased by 4% to $76.13, while gold rose by 0.6% to $2,641.00. Silver traded up 2% to $31.275, and copper rose by 1% to $4.4445 [4]

Company Overview - Proactive is a financial news and online broadcast company that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The company has a presence in key finance and investing hubs, with bureaus and studios located in London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is committed to adopting technology to enhance workflows and improve content delivery [3] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [4]

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]

Domino's Pizza, Inc. (DPZ) reported mixed third-quarter fiscal 2024 results. While its earnings beat the Zacks Consensus Estimate, revenues missed the same. The top and the bottom lines increased from the prior-year quarter's reported numbers. Following the announcement, the company's shares lost 2% in the pre-market trading session. Investor sentiment was negatively impacted by DPZ's fiscal 2024 guidance, which reflects the challenges of the macroeconomic environment and their effect on current business tr ...

Core Insights - Domino's Pizza reported $1.08 billion in revenue for Q3 2024, a 5.1% year-over-year increase, with an EPS of $4.19, slightly up from $4.18 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate by 1.72%, while the EPS exceeded the consensus estimate by 12.94% [1] Financial Performance Metrics - Same store sales growth for international stores was 0.8%, below the estimated 2.7% [3] - Total U.S. store count was 6,930, compared to the estimated 6,945 [3] - Total store count reached 21,002, lower than the average estimate of 21,094 [3] - International store count was 14,072, below the estimated 14,149 [3] - U.S. franchise store count was 6,639, compared to the estimate of 6,655 [3] - U.S. company-owned store count was 291, slightly above the estimate of 290 [3] - Same store sales growth for U.S. company-owned stores was 3.1%, slightly below the estimate of 3.3% [3] Revenue Breakdown - U.S. franchise advertising revenue was $120.93 million, below the estimate of $123.36 million, with a year-over-year change of +8.4% [3] - U.S. company-owned stores generated $89.17 million in revenue, below the estimate of $91.62 million, with a year-over-year change of +3.4% [3] - Supply chain revenue was $651.31 million, below the estimate of $662.82 million, with a year-over-year change of +5.4% [3] - International franchise royalties and fees were $74.63 million, below the estimate of $77.87 million, with a year-over-year change of +2% [3] - U.S. franchise royalties and fees were $144.07 million, slightly below the estimate of $144.46 million, with a year-over-year change of +4.2% [3] Stock Performance - Domino's Pizza shares returned +1.3% over the past month, compared to the S&P 500 composite's +5.9% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [4]

Key Takeaways Domino's Pizza reported strong third-quarter profit- as order volumes increased. The pizza delivery giant's gross margin at U.S. company-owned stores was up 1.0 percentage point. However, revenue came up short of forecasts, and it gave soft guidance because of what it called a "challenging economic environment." Domino's Pizza (DPZ) shares fell Thursday morning when the pizza delivery giant's better-than-expected profit was offset by a revenue miss and soft guidance. The company reported third ...

Domino's Pizza (DPZ) came out with quarterly earnings of $4.19 per share, beating the Zacks Consensus Estimate of $3.71 per share. This compares to earnings of $4.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.94%. A quarter ago, it was expected that this pizza chain would post earnings of $3.70 per share when it actually produced earnings of $4.03, delivering a surprise of 8.92%. Over the last four quarters, the compa ...