Dominos Pizza, Inc. (NYSE:DPZ) 3Q19 Income Up, Fall Behind Estimates

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Dominos Pizza, Inc. (NYSE:DPZ) reported third quarter earnings before market open today.

The company posted income of $ 86.37 million or $ 2.05 per share, gained 5.13 percent compared with income of $ 84.10 million or $ 1.95 per share, a year ago period.

DPZ recorded total revenue that enlarged 4.43 percent to $ 820.81 million from $ 785.97 million in the same quarter last year

Wall street analysts are predicting, DPZ to report 3Q19 income of $ 2.07 per share from total revenue of $ 824.62 million.

Analysts estimates are from Thomson Reuters, exclude one time gain or loss.

Ritch Allison, Dominos Chief Executive Officer, said, It was a good quarter for Dominos, as we continue to lean on our fundamental strength against a unique competitive environment. Strong unit growth and positive comps yielded a solid and balanced quarter of retail sales growth across both the U.S. and international businesses. We remain steadfastly focused on driving profitable growth for the Domino’s system, and most importantly, for our franchisees.

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