Domino’s Pizza Inc. (NYSE: DPZ) reported its most recent financial results before the markets opened on Tuesday. The company posted $0.96 in earnings per share (EPS) and $566.7 million in revenue. The consensus estimates from Thomson Reuters were $0.89 in EPS on revenue of $542.38 million. The same period of last year reportedly had EPS of $0.67 and $484.7 million in revenue.
The company saw its revenues rise in this quarter, primarily due to higher supply chain revenues from increased volumes and store growth. Increased domestic franchise and company-owned store revenues and higher international revenues resulting from both same-store sales and store count growth also contributed to this increase.
In terms of same-store sales, domestically Domino’s had 13% growth while internationally it was only 6.6%.
The board of directors also declared a quarterly dividend of $0.38 per share for shareholders of record as of December 15, to be paid on December 30.
On the books, the company said that it had $30.0 million in unrestricted cash and cash equivalents.
J. Patrick Doyle, Domino’s president and CEO, commented:
We continued to execute at a very high level during the third quarter, as our unprecedented momentum, steady strategy and alignment with our outstanding franchisees is helping to take the business to new heights. I couldn’t be more pleased with the way our system continues to answer the challenge of sustained success.
Shares were trading up over 5% at $159.99 on Tuesday, with a consensus analyst price target of $153.25 and a 52-week trading range of $100.59 to $161.41.