Domino's Pizza (DPZ) Tops Q1 EPS by 23c; Comps Up 8.3%
Domino's Pizza (NYSE: DPZ) reported Q1 EPS of $2.00, $0.23 better than the analyst estimate of $1.77. Revenue for the quarter came in at $785.37 million versus the consensus estimate of $691.89 million.
Domestic same store sales grew 8.3% during the quarter.
"The first quarter of 2018 was another outstanding performance by our franchisees and managers across the globe," said J. Patrick Doyle, Domino's President and Chief Executive Officer. "We delivered in every way: from global retail sales growth through strong domestic and international same store sales comps, to new stores, and through both delivery and carryout.
"As my tenure as CEO comes to a close, I am extremely proud of what we have accomplished as a global system over the past several years, and I am confident the future of Domino\'s is in good hands. Our business model works, thanks to our committed and hard-working franchisees, our dedicated store managers and the visionary leaders who are among the best in the restaurant industry."
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