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FX.co ★ Domino`s Pizza Inc. Reveals Increase In Q2 Bottom Line, Beats Estimates

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typeContent_19130:::2024-07-18T11:07:00

Domino`s Pizza Inc. Reveals Increase In Q2 Bottom Line, Beats Estimates

Domino’s Pizza Inc. (DOM.L) has reported an increase in earnings for the second quarter compared to the previous year, surpassing Wall Street expectations.

The company declared a net income of $141.98 million, or $4.03 per share, for the quarter. This is a significant rise from $109.38 million, or $3.08 per share, recorded in the same period last year.

According to data from Thomson Reuters, analysts had projected earnings of $3.65 per share on average. These estimates typically do not account for one-time items.

Revenue for the quarter saw a 7.8% increase, reaching $1.10 billion compared to last year’s $1.02 billion.

### Domino’s Pizza Inc. Earnings Summary (GAAP):

- **Net Income (Q2):** $141.98 million vs. $109.38 million last year

- **Earnings Per Share (Q2):** $4.03 vs. $3.08 last year

- **Revenue (Q2):** $1.10 billion vs. $1.02 billion last year

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