Domino's Pizza Q4 Results Aren't as Spicy as Wall Street Hoped
Domino's Pizza (NYSE: DPZ) posted robust fourth-quarter fiscal 2020 results this morning, but not quite as robust as Wall Street analyst consensus had hoped, causing the pizza purveyor's share price to sag close to 7% so far in morning trading. Adjusted earnings per share (EPS) delivered a negative 8.7% surprise according to Zacks Equity Research, while revenue came up approximately 1.5% short of Wall Street's average forecast.
While the fast casual pizza chain missed predictions on both key metrics, its performance still demonstrated strong growth year over year. Global retail sails during Q4 climbed 12% year over year, while comparable sales, or comps, in the United States registered 11.5% growth. Full-year figures were similar at 10.4% and 11.5% respectively. EPS of $3.85 jumped 23.4% compared to Q4 2019.
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Source Fool.com
