Domino's Misses on Earnings, Revenue as Wall Street Remains Optimistic About Value Platform

Domino's Pizza (DPZ) shares tumbled Thursday after the pizza delivery giant reported revenue that missed expectations and pulled back expansion plans overseas. The company's net income rose almost 30% to $142 million, or $4.03 per share, beating estimates. However, much of the profit growth was due to an accounting effect. U.S. same-store sales advanced 4.8%, while they were up 2.1% in international markets. Domino's warned that it now anticipates missing its full-year goal of at least 925 net new stores internationally by 175 to 275 stores, citing "challenges" in openings and closings at one of its key franchisees, Domino’s Pizza Enterprises. The stock was down 12% to $415.41 as of shortly after 11 a.m. ET Thursday, leaving the shares roughly flat year to date.

Domino's Pizza, Inc. (DPZ) will release its fourth-quarter financial results, before the opening bell, on Monday, Feb. 24, 2025. Analysts expect the Ann Arbor, Michigan-based company to report quarterly earnings at $4.91 per share, up from $4.48 per share in the year-ago period. Domino’s projects quarterly revenue of $1.48 billion, compared to $1.4 billion a year earlier, according to data from Benzinga Pro. On Oct. 10, the company reported sales growth of 5.1% Y/Y to $1.08 billion, missing the analyst consensus estimate of $1.10 billion. EPS of $4.19 beat the consensus estimate of $3.68. Domino’s shares fell 2% to close at $462.37 on Friday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Citigroup analyst Jon Tower maintained a Neutral rating and raised the price target from $440 to $520 on Feb. 19, 2025. This analyst has an accuracy rate of 72%. Barclays analyst Jeffrey Bernstein maintained an Underweight rating and lowered the price target from $412 to $402 on Jan. 24, 2025. This analyst has an accuracy rate of 64%. Morgan Stanley analyst Brian Harbour maintained an Overweight rating and cut the price target from $510 to $496 on Jan. 21, 2025. This analyst has an accuracy rate of 65%. Oppenheimer analyst Brian Bittner maintained an Outperform rating and raised the price target from $490 to $495 on Jan. 7, 2025. This analyst has an accuracy rate of 66%. TD Cowen analyst Andrew Charles maintained a Buy rating and raised the price target from $475 to $515 on Nov. 25, 2024. This analyst has an accuracy rate of 73%.

Considering buying DPZ stock? Here’s what analysts think:

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