The Most Obvious Reason to Buy Domino’s Pizza (DPZ) Stock Before It Reports Earnings on July 20 Is Hiding in Plain Sight There are thousands of companies that most of us know little about — which can make them more risky investments for us.
Some, though, are quite familiar — like Domino’s Pizza (NASDAQ: DPZ)
The company is scheduled to deliver its second-quarter report on July 20. Should you invest in Domino’s before that earnings release? Meet Domino’s Domino’s was launched back in 1960, and it’s now the world’s largest pizza chain, with more than 22,300 locations in more than 90 international markets.
It rakes in more than $19 billion annually — with just about all of that coming from franchisees, who own and operate 99% of Domino’s stores. It’s growing, too, though not rapidly. Domino’s first-quarter results featured year-over-year global revenue growth of 3.4%, with income from operations rising 7.9% on a currency-adjusted basis.