Domino's Surpasses Q4 Earnings Expectations, Boosts Dividend
The pizza chain's strategic financial moves and U.S. sales growth drive investor confidence, reaching a stock high not seen since January 2022.
- Domino's Pizza Inc. reported fourth-quarter earnings surpassing Wall Street expectations with a net income of $4.48 per share.
- The company's U.S. same-store sales increased by 2.8%, significantly ahead of analysts' predictions.
- Domino's raised its quarterly dividend by 25% to $1.51 per share and announced an additional $1 billion in share repurchases.
- Shares of Domino's Pizza reached their highest level since January 2022, reflecting investor confidence.
- Analysts have recently adjusted their forecasts, with several maintaining or upgrading their ratings on the stock.