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Why Is Domino's (DPZ) Stock Rocketing Higher Today
What Happened:
Shares of fast-food pizza chain Dominoâs (NYSE
PZ) jumped 8.6% in the morning session after the company reported fourth-quarter results that exceeded Wall Street's EPS expectations, though revenue missed. The lower revenue was caused by fewer store openings than expected (394 new stores vs estimates of 433) while the higher profitability was driven by outperformance in its U.S. same-store sales growth, which clocked in ...
>>> Read more: Why Is Domino's (DPZ) Stock Rocketing Higher Today
What Happened:
Shares of fast-food pizza chain Dominoâs (NYSE
PZ) jumped 8.6% in the morning session after the company reported fourth-quarter results that exceeded Wall Street's EPS expectations, though revenue missed. The lower revenue was caused by fewer store openings than expected (394 new stores vs estimates of 433) while the higher profitability was driven by outperformance in its U.S. same-store sales growth, which clocked in ...>>> Read more: Why Is Domino's (DPZ) Stock Rocketing Higher Today
