Domino’s Pizza reported second-quarter revenue of $1.19 billion on Monday, up 4.3% from a year ago and ahead of analyst estimates, though earnings per share fell short of expectations as soft consumer spending weighed on restaurant demand.
Diluted EPS came in at $4.07, missing analyst expectations of $4.17 per share, according to CNBC
Revenue of $1.19 billion edged past the consensus estimate of $1.18 billion. Supply-chain revenue climbed 6.5% to $731.7 million, reflecting stronger store ordering activity and a 2.2% uptick in food-basket pricing. U.S. same-store sales edged up just 0.1% for the period ended June 14, the weakest quarterly showing in more than a year.
Analysts had forecast a 0.62% gain. International same-store sales, excluding foreign currency effects, declined 0.1%, while analysts had expected a 0.5% increase, according to CNBC. A year ago, U.S. same-store sales rose 3.4% and international same-store sales rose 2.4%. “In a quarter where the broader U.S.