Domino's Pizza Earnings Call: 3 Key Things Investors Should Know
Domino's Pizza (NYSE: DPZ) reported strong results for the fiscal second quarter of 2021 (which ended in late June) on Thursday, July 22. Despite facing a very challenging U.S. comparable, the pizza retailing giant's revenue surged 12% year over year to $1.03 billion, and its adjusted earnings per share rose 4.3% to $3.12.
Both the top and bottom lines sped by the Wall Street consensus estimates, which were $969 million (or growth of about 6%) and $2.86, respectively, as outlined in my earnings preview.
Investors were delighted and propelled Domino's stock up 14.6% on the day of the earnings release to an all-time closing high. In 2021 to date (July 26), shares of the consumer discretionary company have returned 40%, outpacing the S&P 500's 18.7% return over this period.
Source Fool.com
