Domino’s Pizza, Inc. (NYSE:DPZ) Q1 2024 Earnings Call Transcript April 29, 2024 Domino’s Pizza, Inc. beats earnings expectations. Reported EPS is $3.58, expectations were $3.39. Domino’s Pizza, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing […]
The company, which operates and franchises Domino's stores in the UK and Ireland, said like-for-like sales on a comparable basis were down 0.5%, with orders down 0.8% for the 13 weeks ended on March 31. Delivery orders were down 5% in the first quarter, although Domino's expects the delivery market to return to growth in the full year. Domino's had curbed marketing spending in January to support the launch of a loyalty programme and other initiatives resulting in a slower start to the first quarter.