Domino's Pizza® Announces First Quarter 2024 Financial Results

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Domino's Pizza (DPZ) PT Raised to $530 at Citi

April 30, 2024 5:16 AM EDT

Citi analyst Jon Tower raised the price target on Domino's Pizza (NYSE: DPZ) to $530.00 (from $505.00) while maintaining a Neutral rating.

The analyst comments "DPZ is delivering upon its plans by leaning aggressively into its core competency (deep everyday value) while exploiting product... More

Domino's Pizza (DPZ) PT Raised to $575 at BMO Capital

April 30, 2024 5:04 AM EDT

BMO Capital analyst Andrew Strelzik raised the price target on Domino's Pizza (NYSE: DPZ) to $575.00 (from $535.00) while maintaining a Outperform rating.

The analyst comments "DPZ's 1Q24 EPS of $3.58 exceeded consensus of $3.41 driven by stronger comps, higher supply chain profits, and a lower tax rate.... More

Domino's Pizza (DPZ) PT Raised to $512 at Jefferies

April 29, 2024 4:00 PM EDT

Jefferies analyst Alexander Slagle raised the price target on Domino's Pizza (NYSE: DPZ) to $512.00 (from $480.00) while maintaining a Hold rating.

The analyst comments "Dom SSS 5.6% beat 4.2% Cons on solid carryout and delivery momentum as tailwinds behind Uber & rewards sustained, with Op... More

Domino's Pizza (DPZ) PT Raised to $580 at BTIG, 'Top Pick'

April 29, 2024 3:06 PM EDT

BTIG analyst Peter Saleh raised the price target on Domino's Pizza (NYSE: DPZ) to $580.00 (from $515.00) while maintaining a Buy rating.

The analyst comments "Domino's posted its best same-store sales performance since the pandemic this morning, as it shrugged off pizza fatigue... More

Domino's Pizza (DPZ) Q1 earnings top consensus estimates

April 29, 2024 6:15 AM EDT

Domino's Pizza (NYSE: DPZ) reported a robust first quarter of 2024, surpassing analyst earnings expectations and witnessing a 4% surge in its share price. The company achieved an adjusted earnings per share (EPS) of $3.58, topping the consensus estimate by $0.19. Revenue matched the analyst projection of $1.08 billion, maintaining stability in the company's financial performance.

The pizza giant's positive earnings report was driven by a comprehensive strategy that emphasized sales, store expansion, and profit growth. According to CEO Russell Weiner, the company's "Hungry for MORE" strategy and the revamped Domino's Rewards loyalty program contributed to significant... More