Domino's quarterly sales surge but pandemic costs hit earnings; shares tumble

A employee moves pizza boxes before a delivery at a Domino's Pizza Inc. restaurant in Chantilly, Virginia.on Thursday reported that its quarterly revenue rose 17.9%, led by more U.S. customers ordering pizza delivery during the coronavirus pandemic.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:The pizza chain reported fiscal third-quarter net income of $99.1 million, or $2.49 per share, up from $86.4 million, or $2.05 per share, a year earlier. Analysts surveyed by Refinitiv were expecting earnings of $2.79 per share.This is a breaking news story. Please check back for updates.

Jimcramer dominos never closed and have record sales and still losing money...how the hell does small biz have a chance

Shares 'tumble' 4% after rising almost 80% in the last year. Lol.

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Italia Ultime Notizie, Italia Notizie

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