Domino’s on Thursday reported quarterly earnings and revenue that missed analysts’ expectations.
Shares of the company plunged 8 percent in premarket trading.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: $2.62, adjusted, vs. $2.69 expected
- Revenue: $1.08 billion vs. $1.10 billion expected
The pizza chain reported fiscal fourth-quarter net income of $111.6 million, or $2.62 per share, up from $93.3 million, or $2.09 per share a year earlier.
Excluding items, Domino’s earned $2.62 per share, missing the $2.69 per share expected by analysts surveyed by Refinitiv.
Net sales rose 21 percent to $1.08 billion, but still missed Wall Street’s expectations of $1.10 billion.