Get started

DPZ

Domino’s Pizza Q3 Earnings Report: Revenue Misses, Earnings BeatDomino's Pizza Inc. (NYSE: NYSE:DPZ ), the largest pizza chain globally, has released its Q3 2024 financial results, revealing a mixed performance that left investors somewhat disappointed. Despite beating analyst expectations on earnings, Domino’s missed revenue estimates, causing the stock to slip. The company remains focused on its "Hungry for MORE" strategy, but the latest report underscores the challenges Domino's is facing in a pressured global marketplace. Fundamental Overview In Q3, Domino’s reported adjusted earnings per share (EPS) of $4.19, exceeding analyst projections of $3.63 by a significant margin. This 15.2% earnings beat reflects the strength of Domino's operations, particularly its cost management and international growth. However, revenue came in at $1.08 billion, falling short of Wall Street’s $1.1 billion estimate. This revenue miss highlights the broader industry challenges, particularly a competitive market and shifts in consumer spending. Key Financial Metrics: - Revenue: $1.08 billion (5.1% YoY growth, but 1.6% below expectations) - EPS: $4.19, beating the $3.63 consensus - Global Retail Sales Growth: 5.1% YoY, excluding currency impacts - Same-Store Sales: U.S. up 3.0%, International up 0.8% - Operating Income Growth: 5.7%, excluding FX impacts - Net Store Growth: 72 new locations globally in Q3 While the growth in same-store sales and net store expansion demonstrates Domino’s resilience, the revenue shortfall suggests there may be limitations to growth in a highly competitive fast-food market. Additionally, rising operating costs and fluctuations in foreign exchange rates have impacted Domino’s international operations. 2024 Guidance and Future Outlook Domino’s maintained its full-year 2024 guidance, projecting approximately 6% global retail sales growth and 8% growth in operating income. These targets align with the company’s consistent expansion strategy, which includes adding 800 to 850 new stores globally by year’s end. For 2025, the company expects sales and income growth to be broadly in line with 2024 projections, signaling confidence in its long-term strategy. However, the revenue miss, combined with the challenges of maintaining growth in mature markets like the U.S., has caused some investors to reassess Domino’s trajectory. Domino’s already boasts 21,002 locations globally, making incremental growth more challenging. Technical Outlook From a technical perspective, Domino’s stock has entered a bearish zone following the release of its Q3 earnings. As of the time of writing, NYSE:DPZ has dropped 2.52%, with the Relative Strength Index (RSI) sitting at 35, approaching the oversold region. This signals that the stock could be nearing a critical support level but is not yet undervalued enough for a bullish reversal. Key technical indicators point to further weakness: All major moving averages depict a bearish tone, with the stock trading below its 50-day and 200-day moving averages. This suggests downward momentum in the short to medium term. The daily price chart shows a gap-down pattern that has yet to be filled, creating a technical overhang that could pressure the stock further. NYSE:DPZ is also trading within a falling wedge channel, a pattern often associated with continued downward momentum until a breakout occurs. A dip towards the $355 pivot could lead to a significant selloff, potentially triggering a broader decline if support levels fail to hold. If Domino's stock fails to find support at current levels, it could face further downside, especially given the broader headwinds in the fast-food sector, including inflationary pressures and changing consumer preferences. Conclusion While Domino's continues to execute its growth strategy effectively, as evidenced by strong EPS growth and net store expansion, the revenue miss in Q3 signals challenges ahead. The stock's current technical outlook suggests caution is warranted, particularly as NYSE:DPZ nears critical support levels. Investors should watch for a potential bounce if the stock hits oversold territory, but the risk of further downside looms if the broader market sentiment remains negative. In the long term, Domino’s focus on expansion and operational improvements may help it navigate current headwinds, but short-term technical signals and the revenue shortfall indicate that the stock could face more turbulence before recovering.
NYSE:DPZ
by DEXWireNews
Domino’s Pizza Stock Rises 4.73% on Earnings BeatDomino's Pizza ( NYSE:DPZ ) sizzles in the first quarter, serving up a mouthwatering performance that leaves investors craving for more. With a strategic blend of innovative initiatives and strategic partnerships, the world's largest pizza chain surpasses expectations, sending its shares soaring in early trading. Loyalty Program and Uber Eats Partnership Drive Growth The secret ingredients behind Domino's recipe for success? A revamped Domino's Rewards loyalty program and a lucrative partnership with Uber Eats. CEO Russell Weiner attributes the chain's stellar performance to the revamped loyalty program, which enticed customers with irresistible rewards. Moreover, Domino's foray into marketing on Uber Eats proved to be a game-changer, opening new avenues for sales growth. Weiner's bullish outlook suggests that Domino's anticipates ending the year with a significant uptick in sales, thanks to this strategic collaboration. Impressive Financial Performance Domino's earnings report leaves investors craving more, with diluted earnings per share soaring to $3.58, marking a remarkable 22.2% increase from the year-ago period. Revenue also witnessed a robust uptick, surging 5.9% year-over-year to $1.08 billion. These stellar figures not only exceed analyst estimates but also underscore Domino's unwavering dominance in the fiercely competitive pizza delivery market. With same-store sales up by an impressive 5.6%, Domino's solidifies its position as a leader in the industry, leaving competitors in the dust. Expansion and Growth Projections Domino's appetite for growth shows no signs of slowing down, as evidenced by the addition of 164 stores in the quarter, bringing its total store count to a whopping 20,755. The company remains steadfast in its commitment to expansion, reiterating its full-year guidance of sales growth exceeding 7% and the addition of 1,100 or more net stores. This bullish projection reflects Domino's confidence in its ability to capitalize on emerging opportunities and navigate challenges in the dynamic food delivery landscape. Market Response and Future Outlook Investors devour Domino's impressive performance, driving its shares up by 3.5% in early trading. The stock's remarkable ascent, gaining approximately one-quarter of its value since the start of 2024, underscores investor confidence in the company's growth trajectory and strategic initiatives. As Domino's continues to innovate and expand its footprint, the future looks promising for the pizza giant, with shareholders eagerly anticipating the next slice of success in its delectable journey. Technical Outlook Domino's Pizza stock ( NYSE:DPZ ) is trading high above the 200, 100, and 50-day Moving Average (MA) respectfully. Domino's Pizza stock ( NYSE:DPZ ) has a Relative Strength Index (RSI) of 70.80 creating further room for reaching the pivot point at $560.
NYSE:DPZLong
by DEXWireNews
Are the Dominoes about to fall?December 2022 saw Domino's reaching a high of $567.57 before reaching a base of $285.84, a drop of 50% from the highs. Since then, DPZ has rallied with the rest of the market, up 22% YTD aat press time, seeing a level of sell pressure as it dances around the $500 mark. Looking at the daily timeframe below... ...you can see a topping out structure as the C wave of a larger wave B approaches the 1.272 fib . This, I suggest will be followed by a Wave C of your larger A-B-C corrective pattern, targetting the 1.272 or 1.618 extensions of the wave A ($567.57 to $285.84). The targets are as follows: - 1.272: $209.03 (-58.37%) - 1.618: $164.87 (-66.93%) Looking at reasons for this, I can't find much. The one thing I do find worrying is the company's nagative equity situation. In their Balance sheet for the year end 2023, Domino's reported $1.77bn in total assets and $5.84bn in liabilities. A worsening of this situation would definitely be a cause for concern. Since much of this is most likely property debt, with a slowing down of the housing market, and potential reversal on the cards(?), my thesis would be that Domino's would no longer be able to afford their properties. Anyway, let me know what you think....and if you'd choose Domino's over pizza Hut. Cheers for reading
NYSE:DPZShort
by joshuashepherd877
Domino's Pizza (DPZ) Serves Up Tasty Returns with Strong EarningDomino's Pizza ( NYSE:DPZ ) has once again delivered a delectable performance, serving up better-than-expected fourth-quarter earnings and announcing a significant dividend increase, sending its shares soaring higher. The renowned restaurant chain's robust financial results underscore its resilience and strategic initiatives amidst a dynamic market landscape, propelling investor confidence and setting the stage for continued growth. In the fourth quarter, Domino's Pizza ( NYSE:DPZ ) showcased its prowess by reporting earnings per share (EPS) of $4.48, surpassing analyst estimates of $4.38, while revenue edged slightly lower than expectations, standing at $1.403 billion. Despite the marginal revenue miss, the company's same-store sales surged 2%, driven by a remarkable 2.8% growth in U.S. comparable sales, outperforming Wall Street's projections and highlighting the strength of its domestic operations. Not content with merely exceeding earnings forecasts, Domino's Pizza ( NYSE:DPZ ) demonstrated its commitment to shareholder value by approving a substantial 25% increase in its quarterly dividend, elevating it to $1.51 per share. This move reflects the company's confidence in its financial position and long-term prospects, bolstering investor sentiment and underscoring its dedication to returning capital to shareholders. Furthermore, Domino's Pizza ( NYSE:DPZ ) unveiled an ambitious $1 billion share repurchase program, reaffirming its commitment to optimizing capital allocation and enhancing shareholder returns. With a track record of prudent financial management, the company has consistently generated robust free cash flow, reaching $485.5 million in 2023, a significant increase from the previous year despite higher capital expenditures. Investors welcomed the positive news with enthusiasm, propelling Domino's Pizza ( NYSE:DPZ ) stock to a 5.3% surge during premarket trading. With shares poised to break through key resistance levels and reach heights unseen in nearly two years, the company's strong operational performance and shareholder-friendly initiatives are resonating positively with market participants. Looking ahead, Domino's Pizza ( NYSE:DPZ ) remains focused on its long-term growth trajectory, as evidenced by its updated guidance presented during its investor day. The company anticipates annual retail global sales growth of "more than 7%" through 2028, coupled with aggressive expansion plans, including the addition of over 1,100 new stores. Moreover, Domino's aims to achieve more than 8% annual operating income growth, signaling a robust outlook for profitability and value creation. In conclusion, Domino's Pizza's ( NYSE:DPZ ) stellar fourth-quarter performance, highlighted by impressive earnings, dividend hike, and share repurchase program, underscores its resilience and strategic vision in navigating evolving market dynamics. With a solid foundation and a commitment to delivering value for shareholders, Domino's Pizza ( NYSE:DPZ ) is poised to continue its journey of success and remain a dominant force in the ever-changing landscape of the food industry.
NYSE:DPZLong
by DEXWireNews
Time to sell Domino's and buy yourself a chicken kebab.Almost 2 months ago, I created a post about this stock, which was a follow up on a previous post. In those posts, I made it clear (hopefully) that a reversal for the stock was comming. Now I want to make a post where i say its time to sell the stock to take profits and close the swingtrade for those who took it. I am still bullish on the stock market for the long term, so holding doesn't seem like a bad option IF you were early enough. But this is the point where I would sell.
NYSE:DPZShort
by FetchTeam
DPZ - MyMI Option Plays - CallsAfter announcing their partnership with UberEats and others, we had an explosive breakout this morning to $409.47 this morning, breaking above the $394.99 Level of Resistance before pulling back below and hitting the 50% Retracement Level ($378.50) before starting to retest that $394 Level. I'm looking for a potential $419 retest at least, if not higher those $443 Levels of Resistance that never became support. While showing a longer timeframe to show all Fib Retracement Levels that we're watching.
NYSE:DPZLong
by MyMIWallet
DPZ - Falling Trend Channel [MID TERM]- DPZ is in a falling trend channel in the medium long term. - DPZ has broken a resistance level in the short term and given a positive signal for the short-term trading range. - DPZ has broken up through resistance at 326. - In case of negative reactions, there will now be support at 326. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price *Chart Pattern: DT - Double Top | BEARISH | RED DB - Double Bottom | BULLISH | GREEN HNS - Head & Shoulder | BEARISH | RED REC - Rectangle | BLUE iHNS - inverse head & Shoulder | BULLISH | GREEN Verify it first and believe later. WavePoint ❤️
NYSE:DPZLong
by wavepoint99
Dimonos Pizza's Amazing ChartWhat is so amazing about a chart that fell roughly 50% in 1 year? What we're seeing right now is a textbook falling channel structure. In general a falling channel consists of 1 resistance line and 1 support line in which the price oscilates between. There are 4 lines on my chart. I'd like to add an extra support and resistance line in order to create more clarity for short term trading. This basically creates a channel within a channel. One other property of the channel is that the price oscilates down until it hits an important support. At that point the price goes sideways untill it breaks out of the channel. Now intrestingly enough, DPZ created a double bottom. That double bottom fell at the support of the inner channel. This means that the last support hasn't been touched, indicating a new sideways period. Lastly, the FETCH Buy And Hold Indicator fired off a buy singal at the first bottom. This is the first buy signal since the bottom of 2008. Fore more information about the indicator, visit this page.
NYSE:DPZLong
by FetchTeam
The Two Scenario's Of Domino's PizzaMy last two posts were about the SPX and AMD and their falling channels, which are my favorite patterns to trade. They follow an easy concept: They stay in their channels, untill they go sideways on an important support level, preferibly on a bullish rsi on the daily or weekly chart. I spotted one on the DPZ weekly chart, so I had to make a post about it. I can see two likely scenario's for this stock, both of which, are going down. The only difference is where they decide to go sideways. The first scenario is indicated by the green arrow. The support zone is at 175-300usd. The second one, which is indicated by the orange arrow, finds its support at 220-240.
NYSE:DPZShort
by FetchTeam
Can Dominos survive the Downtrend? Sign of Bearish Trend - Candlesticks moving below MA200 , possible challenge MA200 soon. - If we take a look at ichimoku indicator, candlesticks moving back into the cloud & lagging span moving at similar level as candlesticks(failing to establish bullish revesral) -Downtrend line B which form Lower low (LL2) has reach expectation of 1:1 of Line A, with a lower downtrend momentum (mixed) Some Signs of reversal -Candlestick moved above cloud for short period of time since the Top of 56X. -Retracement line R2 retrace approximately 0.75fib of Line B, much stronger than retracement R1. Expectations: -Downtrend will continue after mini double top being formed and breached - However Downtrend line C might not be able to meet 1:1 downtrend expectation of line C due to more signs of reversal such as stronger retracement R2>R1. -Price level 370-390 will be interesting to watched:range where most tradings occur for the past 800 bars/days.
NYSE:DPZShort
by Inquiring_H
$DPZ September Bull Risk Reversal Today a trader opened a bull risk reversal on Domino's Pizza buying over 700 SEP $400 calls and selling the $300 put. This is a very bullish trade and not too far out , indicating a potential move up to $400 in the near term. Technically, DPZ has a bullish EMA cross and curl on the daily, with a weekly MACD bull cross forming as well. Trading at $377 now, I think $400 will be a magnet psych level. The stock in the past tends to "gravitate" towards this number and it also coincides nicely with the weekly 21ema A close below the 21day EMA will invalidate the trade.
NYSE:DPZLong
by FriscoTrades
DPZ - Pizza Anyone?Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart DPZ is overall bullish trading inside the blue rising broadening wedge, and now approaching the lower blue trendline so we will be looking for trend-following buy setups on lower timeframes. DAILY: Left Chart DPZ is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. Trigger => Waiting for that swing high to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated , DPZ would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NYSE:DPZLong
by TheSignalyst
7
DPZ (Domino's Pizza) Short: Bearish divergence and upwicks #0003Weekly: Closed lower, after upwick, impulse is blue (meaning MACD-H ticking down). Latest top diverging with previous local top. Often times, the 2.5 ATR level is a turning point for tops. Daily: A nice set of divergences, on MACD lines, MACD-Histogram, and EFI. Even there is a divergence on Stochastic RSI, as well as ATR lines, showing an ATR channel divergence (see the two purple arrows). . We can also see 2 long upwicks, supporting the idea that bulls run out of steam and the selling pressure comes in, as these price levels are rejected, and end of day closes close to the open price. The entry can be either here, but I will wait the market open first, to see how it opens. I will post a chart on how I think I can enter, on a shorter Timeframe Stoploss will be place somere halfway the upwick of the previous candle, around 465,1 Entry: 457 Target 1: 444,1 Target 2: 439,1 SL: 465,1 R/R ratio: 1:1.6, 1:2.1
NYSE:DPZShort
by Tornado_Trading
DPZ - Dominos Pizza - WEEKLY Setup - Buyzone w/ CAD + TargetsDPZ Entry = 380 Cost Avg Down (CAD) = 352 1st Target = ATH (434) 2nd Target = 485 HODL Target = 516+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
NYSE:DPZLong
by UnknownUnicorn7216011
DPZ Looks Interesting, And It's About To Pay A DividendReaders hoping to buy Domino's Pizza, Inc. (NYSE:DPZ) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. Ex-dividend means that investors that purchase the stock on or after the 14th of December will not receive this dividend, which will be paid on the 30th of December. Domino's Pizza's next dividend payment will be US$0.78 per share, on the back of last year when the company paid a total of US$3.12 to shareholders. Based on the last year's worth of payments, Domino's Pizza stock has a trailing yield of around 0.8% on the current share price of $384.97. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.
NYSE:DPZLong
by ShukriMahadi
2