Business news from Ukraine

Business news from Ukraine

Domino’s Pizza increased revenue by 4%, but profit decreased by 8%

The pizza chain Domino’s Pizza Inc. increased its revenue by 4% in the second quarter of fiscal year 2025, while its net profit decreased by 8%.

According to the company’s press release, quarterly revenue amounted to $1.15 billion compared to $1.1 billion in the same quarter last year.

Domino’s Pizza’s net profit for the quarter ended June 15 fell to $131.1 million from $142 million a year earlier. Earnings per share decreased to $3.81 from $4.03, which was worse than the consensus forecast of $3.95 of analysts polled by LSEG.

The decline in net income was due, in particular, to a change in the company’s investment in DPC Dash Ltd.

Comparable sales of Domino’s in the United States grew by 3.4% last quarter, which was better than the average analyst forecast (+2.2%). Comparable sales abroad increased by 2.4%.

Last quarter, 178 Domino’s restaurants were opened, including 30 in the United States.

The company’s shares jumped 5.3% in pre-market trading on Monday. Since the beginning of this year, their value has increased by 11%.

 

, ,