Assenagon Asset Management S.A. lessened its holdings in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 64.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,977 shares of the restaurant operator’s stock after selling 8,901 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Domino’s Pizza were worth $1,491,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of DPZ. Soroban Capital Partners LP bought a new stake in shares of Domino’s Pizza in the first quarter valued at $895,251,000. BlackRock Inc. purchased a new stake in Domino’s Pizza in the 2nd quarter worth approximately $715,704,000. Arrowstreet Capital Limited Partnership boosted its stake in Domino’s Pizza by 247.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 527,246 shares of the restaurant operator’s stock valued at $189,171,000 after buying an additional 375,709 shares during the period. Royal Bank of Canada boosted its position in shares of Domino’s Pizza by 5.2% during the 1st quarter. Royal Bank of Canada now owns 448,221 shares of the restaurant operator’s stock valued at $160,817,000 after acquiring an additional 22,320 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Domino’s Pizza by 937,192.2% in the second quarter. Van ECK Associates Corp now owns 478,019 shares of the restaurant operator’s stock worth $141,513,000 after purchasing an additional 477,968 shares during the last quarter. Institutional investors own 94.63% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities research analysts recently weighed in on DPZ shares. BTIG Research reaffirmed a “buy” rating and issued a $425.00 target price on shares of Domino’s Pizza in a research note on Wednesday, October 14th. Berenberg Bank raised shares of Domino’s Pizza to a “strong-buy” rating in a research note on Monday, October 5th. Evercore reissued an “outperform” rating on shares of Domino’s Pizza in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Benchmark reaffirmed a “buy” rating on shares of Domino’s Pizza in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $380.87.
Check Out Our Latest Report on DPZ Domino’s Pizza Stock Performance DPZ stock opened at $317.70 on Friday. Domino’s Pizza Inc has a 52 week low of $282.00 and a 52 week high of $442.35. The firm’s fifty day moving average is $317.51 and its 200 day moving average is $324.93. The firm has a market cap of $10.45 billion, a P/E ratio of 17.50, a P/E/G ratio of 1.44 and a beta of 0.94.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last issued its earnings results on Tuesday, October 13th. The restaurant operator reported $4.60 EPS for the quarter, topping analysts’ consensus estimates of $4.33 by $0.27. Domino’s Pizza had a net margin of 12.03% and a negative return on equity of 15.48%. The company had revenue of $1.19 billion for the quarter. During the same quarter in the previous year, the business earned $4.08 EPS. Domino’s Pizza’s revenue for the quarter was up 3.4% compared to the same quarter last year. As a group, analysts forecast that Domino’s Pizza Inc will post 19.04 EPS for the current year.
Domino’s Pizza Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Tuesday, December 15th will be issued a $1.99 dividend. The ex-dividend date is Tuesday, December 15th. This represents a $7.96 annualized dividend and a dividend yield of 2.5%. Domino’s Pizza’s payout ratio is currently 43.86%.
About Domino’s Pizza (Free Report)
Domino’s Pizza, Inc is a global restaurant company that operates and franchises Domino’s-branded pizza stores. Its core business focuses on pizza delivery and carryout, supported by digital ordering platforms, delivery technology and a supply chain that provides food and related products to stores.
The company’s menu includes a variety of pizzas, along with items such as chicken, sandwiches, pasta, bread products, desserts and beverages. Domino’s serves customers through a combination of company-owned and franchised locations, with franchisees operating the majority of its stores.
Founded in 1960 when Tom and James Monaghan acquired a small Michigan pizzeria, the business adopted the Domino’s name in 1965 and expanded through franchising.
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Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
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VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
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Stock to Watch: Domino's Pizza (DPZ - Free Report) Domino’s Pizza, Inc., founded in 1960, operates a global quick-service restaurant pizza business under the Domino’s brand. The company serves customers through delivery and carryout channels in the United States and more than 90 international markets.
DPZ is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. DPZ has a Growth Style Score of B, forecasting year-over-year earnings growth of 8.5% for the current fiscal year.
For fiscal 2026, seven analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.18 to $19.06 per share. DPZ boasts an average earnings surprise of +0.3%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, DPZ should be on investors' short list.
Customers who purchase a Domino™ can unlock exclusive in-game items and experiences that bridge the worlds of gaming and pizza, starting on Oct. 26
Key highlights:
Domino's is rolling out six collectible Minecraft Dungeons II-themed boxes and exclusive in-game items* for Minecraft Dungeon II's first-ever brand partnership Domino's is giving away 20,000 digital copies of Minecraft Dungeons II** , /PRNewswire/ -- To celebrate the launch of Minecraft Dungeons II, the new action-adventure game set in the Minecraft universe, Domino's Pizza Inc. (Nasdaq: DPZ) is serving up exclusive experiences that bring players and pizza lovers together for the ultimate game night.
Domino's and Minecraft Dungeons II are teaming up to launch collectible boxes and exclusive in-game items for customers who purchase a Domino – Domino's new made-for-one pizza.
Between Oct. 26 and Nov. 4, Domino’s is giving away 2,000 Minecraft Dungeons II game tokens every day, which customers can use to download the base game for free.
Customers who order a Domino can track their order on a custom, interactive Minecraft Dungeons II-themed Tracker, which is launching soon!
Each time Domino's Rewards members purchase a Domino online, they can unlock one of three exclusive, randomly awarded in-game items to use in Minecraft Dungeons II. Starting on Oct. 26, customers can unlock the experiences below when they purchase a Domino™ – Domino's new made-for-one pizza, built for gaming and cut into two perfectly-sized blocks. From collectible boxes and exclusive in-game items, to having the chance to score one of 20,000 digital copies of Minecraft Dungeons II, the partnership gives fans a new way to fuel up and dive deeper into the game – both on- and off-screen.
"At Domino's, we're always looking for new ways to bring customers closer to the brands and experiences they love," said Kate Trumbull, Domino's executive vice president and chief marketing officer. "When we launched the Domino, we saw an opportunity to think beyond the pizza itself and create experiences that surprise and delight customers. Minecraft Dungeons II is all about teaming up with friends for epic adventures, and the Domino is built for those same moments. With its block shape and customizable toppings, it felt right at home in the game's action-packed universe, giving players an easy way to fuel up before jumping into battle."
Collectible Domino's and Minecraft Dungeons II-Themed Boxes
Customers who purchase a Domino will receive one of six boxes, each featuring a different Minecraft Dungeons II character, including Corrupted Creeper, Prime Enchanter, Valorie, Zombie, Pig, and Creeper. Fans can collect all six, while supplies last! Exclusive In-Game Items for Domino's Rewards Members*
Each time Domino's Rewards members purchase a Domino online, they can unlock one of three exclusive, randomly awarded in-game items to use in Minecraft Dungeons II: Domino's Skin – Players can take their wardrobe to the next level with a unique, collectible Domino's skin for their avatar. Domino's Slice Slayer Cape – Everyone looks better in a cape, and this one is no exception. The Slice Slayer is the finishing touch to any tasteful ensemble. Domino's Cheesy Cube Pet – This very cute companion may not help fight your battles, but it will provide emotional support (and maybe some pizza cravings) as it follows you. Domino's Cheesy Cube Pet is the first co-branded partnership pet to appear in Minecraft Dungeons II! Promo codes for the in-game items will be loaded directly into Domino's Rewards members' "My Rewards" tab. Codes are only redeemable in Minecraft Dungeons II (sold separately).
Domino's is Giving Away 20,000 Minecraft Dungeons II (Standard Edition) Digital Game Codes**
Between Oct. 26 and Nov. 4, Domino's is giving away 2,000 Minecraft Dungeons II game tokens every day, which customers can use to download the base game for free (a $29.99 value). For the chance to win, customers must purchase a Domino and submit proof of purchase at dominos.com/minecraft-dungeons-ii. Game downloads are valid on PC and XBOX only. Coming Soon! Interactive Minecraft Dungeons II-Themed Domino's Tracker®
Customers who order a Domino can track their order on a custom, interactive Minecraft Dungeons II-themed Tracker. Stay tuned for more details! "With its block shape, playful spirit and perfect-for-gaming format, the Domino felt right at home in the Minecraft Dungeons II universe," said Trumbull. "Together, we're turning every purchase into an adventure, giving fans exclusive content, collectible items, and a chance to bring their love of pizza and gaming together. Whether you're teaming up with friends or braving the unknown, this partnership makes it even more rewarding to join the action."
For more information, visit dominos.com/minecraft-dungeons-ii.
The Domino's and Minecraft Dungeons II collaboration is part of a broader global rollout, giving fans in the following 19 markets new ways to connect their love of gaming and pizza through branded boxes, in-game items, collectibles, and more (qualifying product, code distribution, and timing varies by country): Australia, New Zealand, Belgium, Netherlands, Brazil, Canada, China, France, Germany, Japan, Malaysia, Singapore, Mexico, Portugal, Saudi Arabia, United Arab Emirates, Spain, Taiwan, and Turkey.
*Domino's Rewards members only. Receive Minecraft Dungeons II in-game item with a qualifying online purchase of the Domino™. Open 10/26/26–1/10/27. Limit 10/order. Minecraft Dungeons II game required and sold separately. For complete Terms and Conditions, including redemption instructions, visit dominos.com/minecraft-dungeons-ii.
**Dungeons II game prizes are codes redeemable for Minecraft Dungeons II Standard Edition playable on Xbox Series X|S and PC. For game details, see: https://help.minecraft.net/hc/en-us/articles/48750243193357-Minecraft-Dungeons-II-Buying-and-Download-Information. Geography limitations, country and balance restrictions, taxes, and Internet connection fees may apply. Microsoft Services Agreement (aka.ms/MSA) applies. Minecraft Dungeons II - ESRB Rating: E 10+ (Fantasy Violence). Visit www.esrb.org for rating information. Redeem your code(s) at minecraft.net/redeem. Redemption requires a Microsoft account and Internet access. Code(s) must be redeemed by December 31, 2027.
Limit one game per eligible Microsoft account and qualifying Domino's purchase. Microsoft is not a Sponsor of this offer. Microsoft may, freely and without liability, remove digital items redeemed through this promotion, suspend or ban accounts, and take other disciplinary or corrective action if Microsoft suspects or believes your account is engaged in fraudulent or abusive activity. Except as required by law, codes cannot be redeemed or exchanged for cash and are not refundable.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,700 stores in over 90 markets. Domino's had global retail sales of over $20.7 billion in the trailing four quarters ended September 6, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the third quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
About Minecraft
Minecraft is the best-selling video game of all time with millions of players in every country and territory around the world including Antarctica and the Vatican City. At its core, Minecraft is a game about placing blocks and going on adventures. The Minecraft franchise continues to reach new players and fans through ongoing game updates, games like Minecraft Dungeons and Minecraft Dungeons II, Minecraft Education, a diverse line of consumer products, immersive real-world experiences, a growing library of in-game Marketplace content, books and a major motion picture titled, A Minecraft Movie.
For more information about Minecraft Dungeons II, please visit https://www.minecraft.net/about-dungeons-ii.
Domino's Pizza Group PLC (LSE:DOM) retained 'buy' ratings from Peel Hunt, Panmure Liberum and Shore Capital after third-quarter trading showed continued order growth and improving momentum across the business.
Peel Hunt raised its price target to 300p from 275p, while Panmure Liberum maintained a 300p target and Shore Capital retained its 270p target, implying around 14% upside from its reference share price of 237p.
Like-for-like sales increased 2% in the third quarter and were 4% higher year to date, while total system sales rose 4% and total orders increased 3%.
Like-for-like orders grew 1%, with pricing contributing less than 1%, as Domino’s continued to focus on improving value while new products such as Italianos pizzas and Chick ‘N’ Dip helped attract customers and increase order frequency.
Peel Hunt said the stronger order performance was particularly important because additional orders have almost four times the impact on pre-tax profit as equivalent price growth, while the broker expects the national rollout of Domino’s loyalty programme to provide another catalyst.
Panmure Liberum said positive volumes, supply-chain productivity improvements and strong cost visibility should support earnings growth in the second half, with further margin benefits expected during 2027.
Shore Capital said third-quarter trading was ahead of wider expectations and maintained forecasts for 2026 revenue of £711 million and earnings before interest, tax, depreciation and amortisation of £137 million, with potential upside if current momentum continues.
The broker also highlighted continued strength across both pizza and chicken products and said strategic initiatives announced at the half-year were beginning to gain traction.
All three brokers see further benefits from loyalty, automation and productivity improvements, with Domino’s maintaining its full-year guidance despite tougher comparatives in the second half.
Domino's Pizza Group PLC (LSE:DOM), the UK pizza delivery franchisor, said total system sales rose 3.5% in the quarter to 30 September 2026, with like-for-like sales growth of 2.3%, and it expects full-year earnings to meet market expectations. Like-for-like sales, a measure that strips out the effect of new and closed stores, growth slowed to 2.3% in the third quarter, from 4.9% in the first half.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
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What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.82% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
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That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Domino's Pizza (DPZ - Free Report) Domino’s Pizza, Inc., founded in 1960, operates a global quick-service restaurant pizza business under the Domino’s brand. The company serves customers through delivery and carryout channels in the United States and more than 90 international markets.
DPZ is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Retail-Wholesale stock. DPZ has a Momentum Style Score of A, and shares are up 4.9% over the past four weeks.
Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.16 to $19.04 per share. DPZ also boasts an average earnings surprise of +0.3%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, DPZ should be on investors' short list.
Customers can support St. Jude Children's Research Hospital® by donating to its lifesaving mission while ordering from Domino's
, /PRNewswire/ -- Domino's Pizza Inc. (Nasdaq: DPZ) is once again partnering with St. Jude Children's Research Hospital® to help give children facing cancer and other life-threatening diseases more time through the annual St. Jude Thanks and Giving® campaign. Beginning today through Jan. 10, 2027, customers can support the mission of St. Jude by:
Domino's is partnering with St. Jude Children's Research Hospital to help give children facing cancer and other life-threatening diseases more time through the annual St. Jude Thanks and Giving campaign. Pictured here: St. Jude patient Molly.
From Oct. 19, 2026 through Jan. 10, 2027, Domino's customers can support the mission of St. Jude by purchasing the St. Jude Giving Combo for $26.99, which includes two large two-topping pizzas, an eight-piece order of Stuffed Cheesy Bread, a two-liter of Coke, and a $1 donation to St. Jude. Purchasing the St. Jude Giving Combo for $26.99, which includes: Two large two-topping pizzas, an eight-piece order of Stuffed Cheesy Bread, a two-liter of Coke, and a $1 donation to St. Jude Rounding up their order total over the phone, in stores, on dominos.com or via Domino's app to add a donation to St. Jude. This year's campaign theme, "The Greatest Gift is Time," highlights what donations make possible for St. Jude patients and families: more time focused on treatment, milestones and making memories together.
"Every year, we're inspired by the generosity of Domino's customers, Franchisees and team members who come together to support the incredible work being done at St. Jude," said Joe Jordan, Domino's CEO. "The greatest gift we can help provide families facing childhood cancer is more time with the people they love. We're proud to continue supporting the St. Jude mission and grateful to everyone who chooses to make a difference through this campaign."
Because of generous donors, families never receive a bill from St. Jude for treatment, travel, housing or food – so they can focus on helping their child live. St. Jude shares the breakthroughs it makes so that doctors and scientists around the world can use that knowledge to save more children.
Domino's has supported St. Jude since 2004 and, together with its Franchisees, announced a commitment in 2024 to raise $300 million by 2034 to advance the hospital's lifesaving mission. In 2025 alone, Domino's customers, Franchisees and team members raised more than $19 million to support St. Jude.
"For more than two decades, Domino's has partnered with St. Jude to help children facing cancer and other life-threatening diseases, and we are deeply grateful for the continued support of its customers, Franchisees and team members," said Ike Anand, president and CEO of ALSAC, the fundraising and awareness organization for St. Jude. "Their generosity makes the lifesaving mission of St. Jude possible, advancing research and treatments that give children more milestones, more memories and more time with the people they love."
To learn more about St. Jude Children's Research Hospital, visit www.stjude.org.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,700 stores in over 90 markets. Domino's had global retail sales of over $20.7 billion in the trailing four quarters ended September 6, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the third quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
On its third quarter of 2026 earnings call, held on Oct. 13, 2026, Domino's (DPZ +0.68%) announced an 8.5% increase in operating income excluding foreign currency impacts. Sustained order count growth across channels demonstrates customer loyalty during an economic slowdown. Three takeaways from management stand out.
1. Franchisee Profitability Pressures Trim Near-Term Store ExpansionDomestic net store additions were reduced to between 125 and 150 units as management works to protect franchisee profits. Long-term store count potential remains unchanged because store-level cash returns stay high.
This is not at all about closures. This is really about the franchisees are looking at a bit of pressure on franchisees, and that is why we are focusing on stabilizing and then growing franchisee profits again.
-- Sandeep Reddy, Chief Financial Officer2. Order Count Growth Remains the Top Priority Despite Ticket PressureCustomers are managing their spending by ordering fewer items per transaction, which lowers the average ticket size. Management is prioritizing order volume to capture market share and maintain customer relationships across income brackets.
Consumers remain under pressure, but they continue to choose Domino's. More orders bring more customers into our system, support our franchisees, and create opportunities to drive greater frequency over time.
-- Joseph Hugh Jordan, Chief Executive Officer3. Aggregator Expansion Focuses Strictly on Incremental Profitable OrdersExpanding into third-party (3P) delivery aggregators like DoorDash provides access to new sales without cannibalizing direct orders. Management maintains strict discipline on platform partnerships to protect store-level profit margins.
We have been very disciplined about our rollout of 3P and making sure we are focusing on incremental profitable orders.
-- Sandeep Reddy, Chief Financial OfficerLooking AheadOrder growth across delivery and carryout channels offers resilience as value promotions attract price-sensitive diners. Scale advantages in supply chain distribution protect store cash flow.
Underlying demand for Domino's remained incredibly strong. We continue to drive order count growth, with orders increasing in both our delivery and carryout businesses.
-- Joseph Hugh Jordan, Chief Executive OfficerInternational expansion and menu innovation target broader dining occasions to drive market share gains. Multiyear value creation relies on balancing franchisee profitability with global unit growth.
My focus is simple. Build on those strengths, help our franchisees grow their profits, and ensure we are consistently performing at our very best.
-- Joseph Hugh Jordan, Chief Executive OfficerThis article was created using Large Language Models (LLMs) based on The Motley Fool's insights and investing approach. It has been reviewed by our AI quality control systems. Since LLMs cannot (currently) own stocks, it has no positions in any of the stocks mentioned. The Motley Fool has positions in and recommends Domino's Pizza. The Motley Fool has a disclosure policy.
Domino’s Pizza’s NASDAQ: DPZ Q3 report left something to be desired, but the market got it wrong and sold off in its wake. While near-term headwinds persist, the company is sustaining growth, expanding its footprint, and trading at a massive discount to historical norms.
Domino's Pizza Today
DPZ
Domino's Pizza
$302.24 +6.35 (+2.14%)
As of 12:02 PM Eastern
This is a fair market value price provided by Massive. Learn more.
$282.00▼
$442.352.63%
16.64
$380.87
Key factors for investors to consider are comp store numbers, central to the stock's weakness, and the root cause: consumer habits.
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The company quickly pointed out that while ticket averages were down, traffic was up. Consumers are cutting costs, but turning to Domino’s more frequently, setting the stage for a robust acceleration when consumer habits shift.
Valuation is a critical element. At about 15x current-year earnings, Domino’s trades at a 40% discount to normal levels, pricing in persistent weakness and a slow growth trajectory.
As it stands, analyst consensus estimates point to annual earnings-per-share growth at a high single-digit pace over the next 5 years, supported by share buybacks.
Domino’s Pizza Outperforms in Q3Domino’s Pizza struggled in Q3, as weaker consumer spending hurt overall results. That said, revenue grew 3.4% to $1.19 billion, narrowly beating MarketBeat’s consensus. Growth came from a 0.3% U.S. comp, a 4.39% increase in trailing 12-month store count, and a 3.2% gain in global retail sales.
Margins were also strong, with income from operations up 8.2%, net income up 9.25%, and GAAP earnings per share up 12%. GAAP earnings were boosted by aggressive share count reduction but don’t tell the whole story. More important are the improvements in operating and net income, which reflect the company’s optimization efforts. They include market basket price hikes for franchisees, as well as efficiency improvements and cost controls expected to be sustainable.
Guidance is a headwind for Q4 price action but aligns with the value opportunity. The company reduced its outlook for store count and profit growth, citing macroeconomic headwinds and a desire to help franchisees improve profitability, but expects to sustain growth, margin improvement, and expansion.
Domino’s Delivers Capital Returns, Dividend Growth AheadCapital returns are a catalyst for buyers, regardless of near-term headwinds. Dividends annualize to about 2.7% with shares trading at long-term lows; distributions are expected to increase annually, and buybacks are aggressive. Trailing 12-month activity reduced the count by nearly 3%, and the pace is expected to continue. With shares near long-term lows, the company could even accelerate the reduction and still lower expenses. Dividend growth is also expected to be robust; the company has sustained a high-teens CAGR over the last few years and pays about 40% of earnings.
Analysts responded cautiously following the earnings release, issuing numerous price target reductions because of the guidance cut. However, a major sentiment shift is not expected, with 32 tracked ratings pointing to a consensus Moderate Buy.
Price target reductions reflected some optimism despite the cuts, reaffirming a price floor near existing lows and the potential for a 30% rebound toward the consensus. The likely outcome is that DPZ continues to wallow near current lows, moving sideways until more news comes out.
Market Volume Says DPZ Is Near Its FloorChart action shows that buying activity spiked when DPZ shares reached long-term lows, and institutional data suggests that institutions are the ones buying. Institutions own nearly 100% of this stock and bought on balance the first three quarters of the year, running a solid $2-to-$1 pace and underpinning the price bottom. They are likely to continue buying shares, given the cash flow and capacity for capital returns.
The market gets Domino's right in acknowledging that its growth trajectory has changed. Once a fast-growing enterprise, the company has matured, and now organic growth is harder to come by and is heavily influenced by consumer habits. This can create lumpiness, with consumer swings driving business and making capital returns more important than ever.
In this scenario, DPZ is a maturing fast-food operator suffering a macro strain, but it is also a high-quality compounder worth more than 15x its earnings. The question is what the business is worth, and industry comparisons are interesting. McDonald’s NYSE: MCD, the fast food king, trades at a premium to DPZ today and historically, suggesting at least a modest multiple expansion ahead.
Domino's moat is built on its franchise network. The company owns its own supply chain, providing products to its franchisees, and spends 4x more on advertising than its competitors. It not only has the reach but also the capacity to enforce and profit from aggressive marketing campaigns. To maintain its leadership position and drive a full price recovery, Domino's needs only to keep executing its strategy and patiently wait for consumer habits to shift.
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Copeland Capital Management LLC reduced its stake in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 99.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 116 shares of the restaurant operator’s stock after selling 49,661 shares during the period. Copeland Capital Management LLC’s holdings in Domino’s Pizza were worth $35,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. SHP Wealth Management purchased a new stake in shares of Domino’s Pizza during the 4th quarter valued at about $25,000. MBM Wealth Consultants LLC acquired a new position in Domino’s Pizza during the 1st quarter worth approximately $31,000. Rakuten Securities Inc. acquired a new position in Domino’s Pizza during the 2nd quarter worth approximately $28,000. Cornerstone Planning Group LLC boosted its holdings in Domino’s Pizza by 450.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock worth $33,000 after acquiring an additional 81 shares during the period. Finally, Investors Research Corp boosted its holdings in Domino’s Pizza by 9,900.0% in the 2nd quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock worth $30,000 after acquiring an additional 99 shares during the period. 94.63% of the stock is owned by hedge funds and other institutional investors.
Domino’s Pizza Stock Down 0.1%
DPZ stock opened at $295.89 on Thursday. Domino’s Pizza Inc has a 52-week low of $282.00 and a 52-week high of $442.35. The stock’s 50 day moving average is $322.65 and its two-hundred day moving average is $327.05. The company has a market capitalization of $9.79 billion, a PE ratio of 16.30, a P/E/G ratio of 1.35 and a beta of 0.94.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last announced its earnings results on Tuesday, October 13th. The restaurant operator reported $4.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.33 by $0.27. The company had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.48% and a net margin of 12.03%. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the previous year, the company earned $4.08 earnings per share. As a group, sell-side analysts anticipate that Domino’s Pizza Inc will post 18.98 EPS for the current year.
Domino’s Pizza Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Tuesday, December 15th will be paid a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, December 15th. Domino’s Pizza’s payout ratio is 45.15%.
Insider Buying and Selling at Domino’s Pizza
In other Domino’s Pizza news, EVP Kelly E. Garcia sold 12,430 shares of the stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the transaction, the executive vice president directly owned 9,352 shares in the company, valued at $3,011,718.08. This represents a 57.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Russell J. Weiner sold 10,850 shares of the firm’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the transaction, the chief executive officer directly owned 43,829 shares of the company’s stock, valued at approximately $14,499,948.07. This represents a 19.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.89% of the company’s stock.
Domino’s Pizza News Summary
Here are the key news stories impacting Domino’s Pizza this week:
Positive Sentiment: Third-quarter earnings exceeded expectations. Domino’s reported EPS of $4.60, up from $4.08 a year earlier and above consensus estimates near $4.33-$4.38. Revenue rose 3.4% year over year to $1.19 billion, also beating forecasts. Domino’s Pizza third-quarter 2026 financial results
Positive Sentiment: Operational growth and shareholder returns provided support. Global net store growth reached 175 locations, operating income increased 8.3%, and Domino’s declared a quarterly dividend of $1.99 per share, equivalent to a $7.96 annualized payout and approximately a 2.7% yield.
Neutral Sentiment: Analyst views remain mixed but generally imply upside. BTIG reaffirmed a Buy rating with a $425 target, while Bank of America maintained Buy at $410. However, Morgan Stanley, RBC, Robert W. Baird and Citigroup lowered their targets to $345, $320, $320 and $308, respectively, with neutral or market-perform ratings. The cuts reflect reduced forecasts rather than a complete loss of confidence.
Negative Sentiment: Same-store sales and consumer demand were weak. U.S. same-store sales increased only 0.3%, while international same-store sales grew 0.2% excluding currency effects. Management cited cautious consumers, competition and pressure on items per order, raising concerns that customers are spending less each time they order. Reuters Domino’s outlook
Negative Sentiment: Analysts cut estimates following the report. Forecast reductions cited an “increasingly unfavorable consumer backdrop,” weak international sales and slowing growth. Narrower store margins and muted full-year same-store sales expectations are outweighing the quarterly profit beat, explaining why DPZ has decreased despite stronger-than-expected results. Benzinga analyst estimate cuts
Wall Street Analyst Weigh In
DPZ has been the subject of several recent research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Domino’s Pizza in a research report on Wednesday, August 26th. Morgan Stanley dropped their price objective on shares of Domino’s Pizza from $357.00 to $345.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Royal Bank Of Canada reduced their target price on shares of Domino’s Pizza from $325.00 to $320.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Mizuho decreased their target price on shares of Domino’s Pizza from $420.00 to $380.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Oppenheimer decreased their target price on shares of Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $380.87.
View Our Latest Research Report on Domino’s Pizza
About Domino’s Pizza
(Free Report)
Domino’s Pizza, Inc is a global quick-service restaurant company specializing in pizza delivery and carryout. Its menu includes a variety of pizzas, sides, desserts and beverages, with orders placed through digital platforms, phone ordering and participating stores.
Founded in 1960 in Ypsilanti, Michigan, Domino’s began as a small pizza business and adopted its current name in 1965. The company has expanded through a primarily franchise-based model, supported by company-owned stores and an integrated supply chain that provides food and other products to many participating locations.
Domino’s serves customers in the United States and international markets across North America, Europe, Asia-Pacific, the Middle East, Africa and other regions.
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Want to see what other hedge funds are holding DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Domino’s Pizza Inc (NASDAQ:DPZ – Free Report).
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Domino’s Pizza (NASDAQ:DPZ) reported third-quarter operating income growth of 8.5%, excluding foreign-currency effects and minor refranchising true-up impacts, as higher franchise royalties and fees and supply-chain performance helped offset a challenging consumer backdrop.
During the company’s earnings call, Chief Executive Officer Joe Jordan said demand remained strong, with order counts increasing in both delivery and carryout and the company continuing to gain share in the quick-service pizza category. However, lower average ticket sizes constrained same-store sales as customers reduced items per order.
Jordan, speaking on his first earnings call as CEO, said his priorities are to get closer to customers and support four-wall profitability for franchisees. He succeeded Russell Weiner as CEO, while Weiner is expected to become executive chairman at the company’s annual shareholder meeting in April.
Sales Growth Supported by New Stores and Order Counts
Global retail sales grew 3.2% in the third quarter excluding foreign currency, supported by more than 950 net new stores added over the past 12 months. U.S. retail sales rose 2.1%, driven primarily by net store growth, including 26 net new U.S. locations during the quarter. U.S. same-store sales increased 0.3%.
The U.S. comparable-sales result reflected order-count growth in Domino’s core business and continued growth from aggregator platforms, according to Chief Financial Officer Sandeep Reddy. Those gains were partly offset by a lower average ticket, as items per order declined in carryout and first-party delivery. Pricing rose 1.2% in the quarter.
U.S. carryout comparable sales increased 1%.
U.S. delivery comparable sales declined 0.3%.
International retail sales increased 4.3%, excluding foreign currency.
International comparable sales increased 0.2%.
Domino’s added 149 international stores during the quarter.
Reddy said the consumer environment remained difficult and that pressure had become more visible in items per order during the third quarter. Jordan said customers continued to place orders, including lower-income consumers, but were managing their spending by ordering fewer items.
“We’re very pleased to continue to see order count growth, particularly among low-income consumers,” Jordan said. “The brand is still relevant, even when the pressure is on their pocketbooks.”
Value, Product Innovation and Delivery Platforms
Management said it is seeking to balance value promotions that drive order counts with initiatives that improve average ticket size. Jordan said the company’s Best Deal Ever promotion continued to perform well in the third quarter, including the addition of stuffed crust, which Domino’s believes can encourage customers to return for higher-ticket purchases.
The company also recently launched “The Domino,” a product designed around what management calls the “me/we occasion,” or group pizza orders in which consumers still want individual choices. Jordan said the product could help Domino’s compete for occasions that historically may not have favored pizza, particularly on third-party aggregator platforms where consumers may be looking for individual meals.
Domino’s said its third-party delivery rollout continues to add customers without materially displacing its first-party delivery business. Jordan said the company is now the largest pizza brand on both DoorDash and Uber, but believes it has not yet reached its fair share of the broader quick-service pizza category on those platforms.
Management continues to estimate that roughly 50% of third-party delivery sales are incremental. Reddy said the company has intentionally taken a disciplined approach to aggregator expansion to protect franchisee profitability rather than pursuing faster growth at the expense of margins.
Outlook Revised for Store Growth and International Comps
Domino’s maintained its expectation for low-single-digit U.S. same-store sales growth in 2026, but said it now expects results to land toward the lower end of that range, assuming current macroeconomic and competitive pressures persist through year-end.
The company lowered its outlook for U.S. net new stores to 125 to 150 for the year, citing pressure on the development pipeline and franchisee profitability. Reddy said the revision was not driven by closures, which have remained limited, but by a slower pace of future openings. Domino’s has maintained its long-term U.S. potential of more than 8,500 stores.
International same-store sales are now expected to be approximately flat for 2026, largely because of continued pressures at Domino’s Pizza Enterprises, or DPE. Reddy said DPE has indicated that its conditions are not expected to improve meaningfully until 2027. Domino’s continues to expect about 800 net new international stores this year.
For the full year, Domino’s now expects global retail sales growth in the low- to mid-single digits and operating-income growth in the mid-single digits, excluding foreign currency, refranchising gains and the gain from the sale of a corporate aircraft.
Franchisee Profitability and Capital Allocation
Executives acknowledged that franchisee profitability is under pressure, affecting development sentiment and the willingness of operators to open additional stores. Jordan said the company is focused on improving profits through its marketing calendar, better ticket management and more consistent restaurant operations.
He pointed to the company’s Dom.OS technology platform and an orchestration agent being tested in stores as tools intended to improve consistency in product and service. Jordan said he expects improved execution to support customer retention, frequency and franchisee results.
Reddy said supply-chain performance benefited from procurement productivity and route optimization. Domino’s shares U.S. supply-chain profit improvements equally with franchisees, and he said the company’s future focus will be on gross-profit-dollar growth rather than margin expansion alone.
Through the first three quarters of 2026, Domino’s repurchased about 849,000 shares for $305 million. The company had approximately $1.15 billion remaining under its repurchase authorization at quarter-end. Reddy said Domino’s expects to continue returning meaningful cash to shareholders while evaluating leverage levels amid higher interest rates. The company’s leverage was 4.2 times EBITDA at the end of the quarter.
About Domino’s Pizza (NASDAQ:DPZ)
Domino’s Pizza, Inc is a global quick-service restaurant company specializing in pizza delivery and carryout. Its menu includes a variety of pizzas, sides, desserts and beverages, with orders placed through digital platforms, phone ordering and participating stores.
Founded in 1960 in Ypsilanti, Michigan, Domino’s began as a small pizza business and adopted its current name in 1965. The company has expanded through a primarily franchise-based model, supported by company-owned stores and an integrated supply chain that provides food and other products to many participating locations.
Domino’s serves customers in the United States and international markets across North America, Europe, Asia-Pacific, the Middle East, Africa and other regions.
Domino’s Pizza Inc. (NASDAQ:DPZ) on Tuesday reported better-than-expected third-quarter earnings and revenue.
Revenue rose 3.4% year over year to $1.186 billion, beating analysts’ estimates of $1.177 billion. Higher supply chain sales and global franchise royalties drove growth. Diluted earnings per share came in at $4.60, beating the consensus estimate of $4.36.
Global retail sales rose 3.2%, excluding foreign currency effects. U.S. retail sales increased 2.1%, while international retail sales grew 4.3%.
Joe Jordan, Domino’s Chief Executive Officer said, “Our opportunity now is to capitalize on those strengths by getting even closer to our customers, helping our franchisees grow their profitability and turning our best performance into our everyday performance. By advancing winning ideas faster and executing them with greater clarity, speed and consistency, we can earn more occasions, continue gaining market share and create meaningful long-term value for shareholders. Domino’s has always been at its best when we are a step ahead. That mindset has helped us set the pace for the industry before, and it’s how we’ll push ourselves to do it again. I believe our next chapter will be our strongest yet.”
Domino’s shares fell 1.4% to $292.02 in pre-market trading.
These analysts made changes to their price targets on Domino’s following earnings announcement.
B of A Securities analyst Sara Senatore maintained the stock with a Buy and lowered the price target from $455 to $410. StoneX analyst Todd M. Brooks maintained the stock with a Buy and cut the price target from $430 to $400. Baird analyst Chris O’Cull maintained the stock with a Neutral and lowered the price target from $325 to $320. RBC Capital analyst Logan Reich maintained the stock with a Sector Perform and lowered the price target from $325 to $320. Considering buying DPZ stock? Here’s what analysts think:
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Market News and Data brought to you by Benzinga APIs
Domino’s sales slowed in the most recent quarter amid a broader slump in demand for pizza as Americans pinch their pennies.
While the largest pizza company in the world beat Wall Street’s expectations on both profit and revenues, its shares swooned by more than 4% Tuesday as it warned about slower growth for the rest of the year and reported a weak 0.3% increase in same-store sales for the quarter.
Domino’s Pizza is forecasting slower growth for the rest of the year. UCG/Universal Images Group via Getty Images
Global retail sales growth slowed to 3.2% during the quarter, compared to 6.3% a year ago.
The humble pie is now the seventh most popular food in the US in terms of sales, down from the second-most-consumed food in the 1990s, according to Technomic, which tracks food and restaurant trends.
Mexican cuisine leapfrogged pizza last year as the sixth-most popular food in terms of total spending, the research organization reported.
“It’s a perfect storm for pizza as consumer tastes shift,” with about 9% of Americans taking GLP-1 drugs for health reasons, said David Henkes, senior principle at Technomic.
“Pizza will be the lowest growing cuisine type of all other major cuisine types including burgers and Asian food this year.”
Pizza will be the slowest growing cuisine this year, according to research firm Technomic. The Washington Post via Getty Images
During an earnings call, Domino’s new CEO Joe Jordan said, “As consumer expectations evolve, growth will come from understanding those changes, meeting customers where they are.”
To that end, Domino’s launched The Domino, an individual pizza, to mixed results. The lower-priced pie likely dragged down the average check size, wrote Bloomberg Intelligence analyst Michael Halen.
At least three independent, smaller chains filed for bankruptcy protection last year, including Pieology Pizzeria, Anthony Coal Fired Pizza & Wings and Bertucci’s Brick Oven Pizza and Pasta.
Bertucci’s pizza chain filed for bankruptcy protection in 2025. USA TODAY Network via Reuters Connect
Meanwhile larger pizza chains like Pizza Hut, Papa John’s and Papa Murphy’s are in play, with Yum! announcing in June that it reached an agreement to sell Pizza Hut to a private equity firm for $2.7 billion.
Papa John’s — which is closing hundreds of stores next year — is reportedly exploring a bid to from a private equity firm to take it private while Papa Murphy’s – owned by MTY Food Group – is reportedly exploring a sale.
This summer, MTY said it was closing up to 50 Papa Murphy’s stores.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) released its quarterly earnings data on Tuesday. The restaurant operator reported $4.60 EPS for the quarter, FiscalAI reports. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%. The company had revenue of $1.19 billion for the quarter. During the same quarter in the previous year, the business earned $4.08 earnings per share.
Domino’s Pizza Stock Up 0.5% Shares of DPZ opened at $310.90 on Tuesday. Domino’s Pizza has a 52-week low of $282.00 and a 52-week high of $442.35. The stock has a fifty day simple moving average of $325.49 and a two-hundred day simple moving average of $327.96. The company has a market capitalization of $10.28 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 1.42 and a beta of 0.94.
Insider Activity In other Domino’s Pizza news, EVP Kelly E. Garcia sold 12,430 shares of Domino’s Pizza stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $3,011,718.08. The trade was a 57.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Russell J. Weiner sold 10,850 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the transaction, the chief executive officer owned 43,829 shares in the company, valued at $14,499,948.07. The trade was a 19.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.89% of the company’s stock.
Institutional Trading of Domino’s Pizza Institutional investors have recently made changes to their positions in the company. CoreCap Advisors LLC grew its stake in Domino’s Pizza by 17.0% during the 3rd quarter. CoreCap Advisors LLC now owns 262 shares of the restaurant operator’s stock worth $79,000 after purchasing an additional 38 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in Domino’s Pizza by 5.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 971 shares of the restaurant operator’s stock valued at $287,000 after purchasing an additional 50 shares in the last quarter. Patton Fund Management Inc. boosted its stake in shares of Domino’s Pizza by 10.4% in the 1st quarter. Patton Fund Management Inc. now owns 565 shares of the restaurant operator’s stock valued at $203,000 after buying an additional 53 shares during the period. SHP Wealth Management purchased a new position in shares of Domino’s Pizza in the 4th quarter valued at about $25,000. Finally, Mufg Securities Americas Inc. grew its position in shares of Domino’s Pizza by 7.2% during the second quarter. Mufg Securities Americas Inc. now owns 922 shares of the restaurant operator’s stock worth $273,000 after buying an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock. Analyst Ratings Changes DPZ has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Citigroup decreased their price target on Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating for the company in a report on Tuesday, July 7th. BMO Capital Markets dropped their target price on Domino’s Pizza from $450.00 to $420.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 21st. Weiss Ratings reissued a “hold (c-)” rating on shares of Domino’s Pizza in a report on Wednesday, August 26th. Finally, Berenberg Bank raised Domino’s Pizza to a “strong-buy” rating in a report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average price target of $392.16.
Read Our Latest Research Report on DPZ
Domino’s Pizza Company Profile (Get Free Report)
Domino’s Pizza, Inc is a global quick-service restaurant company specializing in pizza delivery and carryout. Its menu includes a variety of pizzas, sides, desserts and beverages, with orders placed through digital platforms, phone ordering and participating stores.
Founded in 1960 in Ypsilanti, Michigan, Domino’s began as a small pizza business and adopted its current name in 1965. The company has expanded through a primarily franchise-based model, supported by company-owned stores and an integrated supply chain that provides food and other products to many participating locations.
Domino’s serves customers in the United States and international markets across North America, Europe, Asia-Pacific, the Middle East, Africa and other regions.
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Key Takeaways Domino's Q3 earnings rose 12.7% to $4.60 per share, topping estimates, as revenues climbed to $1.19 billion.Domino's supply chain revenues rose 7.1% to $746.2 million, aided by higher order volumes and basket prices.U.S. franchise same-store sales rose just 0.3% versus 5.3% a year ago, while international comps grew 0.2%.
Domino's Pizza, Inc. (DPZ - Free Report) reported third-quarter fiscal 2026 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.
Higher supply chain order volumes, procurement-led margin improvements and increased franchise royalties from global store expansion supported quarterly growth. However, sluggish U.S. and international same-store sales, lower franchise advertising revenues and reduced company-owned store revenues following refranchising partially offset the gains.
DPZ's Q3 Earnings & RevenuesDomino's reported third-quarter 2026 earnings of $4.60 per share, beating the Zacks Consensus Estimate of $4.33 by 6.2%. The bottom line increased 12.7% from $4.08 reported in the year-ago quarter. Higher net income and a lower weighted-average share count, resulting from share repurchases, supported earnings growth.
Quarterly revenues totaled $1.19 billion, compared with $1.15 billion a year earlier, and topped the consensus projection of $1.17 billion by 1.6%. Higher supply chain revenues and global franchise royalties more than offset lower U.S. company-owned store revenues following refranchising. Global retail sales increased 3.2% year over year, excluding foreign currency movements.
Domino's Q3 Supply Chain Business Lifts SalesSupply chain revenues rose 7.1% year over year to $746.2 million from $697 million. Higher order volumes and a 2.2% increase in food basket pricing supported growth. Management estimated that pricing contributed approximately $17 million to quarterly supply chain revenues. Our estimate for the metric was $740.1 million.
U.S. franchise royalties and fees increased to $165.6 million from $157.2 million. Our estimate for the metric was $141.1 million. International franchise royalties and fees climbed to $83.7 million from $78.5 million, driven by net store additions, partially offset by a $0.2 million unfavorable currency impact. Our estimate for the metric was $80.9 million.
U.S. franchise advertising revenues slipped to $128.7 million from $131.6 million as promotional incentives increased. Our estimate for the metric was $118.3 million.
DPZ's Q3 Comparable Sales Show Slower GrowthGlobal retail sales increased 3.2% year over year, excluding foreign currency fluctuations. U.S. retail sales grew 2.1%, while international retail sales advanced 4.3% on a constant-currency basis.
U.S. company-owned same-store sales increased 1%, versus 3.4% a year earlier. Franchise comps grew 0.3%, compared with 5.3% in the year-ago period. International same-store sales edged up 0.2%, excluding currency effects, versus growth of 1.7% a year ago.
Domino's Q3 Supply Chain Margins ImproveGross profit increased to $476.4 million from $459.9 million, while consolidated gross margin expanded 10 basis points to 40.2%. Supply chain gross margin widened 90 basis points to 12.2%, aided by procurement productivity and labor efficiencies. Higher fuel-related delivery expenses partly offset those gains. Our estimate for the metric was 38.7%.
U.S. company-owned store gross margin contracted 430 basis points to 12%, pressured by higher food prices, wage rates and insurance costs. General and administrative expenses edged up to $105.7 million from $105.1 million.
DPZ's Q3 Operating Income and Net Profit RiseIncome from operations increased 8.3% to $241.8 million from $223.2 million. Excluding a $0.2 million unfavorable currency effect on international franchise royalties, operating income grew 8.4%. Higher royalty revenues and supply chain gross profit drove the improvement.
Net income advanced 9.2% to $152.2 million from $139.3 million. Net interest expense increased to $44.2 million from $41 million. The company recorded a $2.5 million unrealized loss on its DPC Dash investment, compared with a $3 million loss in the prior-year period.
Domino's Q3 Global Store Network ExpandsDomino's added 175 net stores globally during the quarter, comprising 26 in the United States and 149 internationally. The worldwide store count reached 22,706, including 7,257 U.S. stores and 15,449 international locations.
Net store growth over the trailing four quarters totaled 956, including 167 domestic and 789 international additions. CEO Joe Jordan emphasized faster execution, improving franchisee profitability and stronger customer engagement as priorities.
DPZ's Nine-Month Cash Flow ModeratesNet cash provided by operating activities declined to $520.6 million for the first three quarters of 2026 from $552.3 million a year earlier. Capital expenditures rose to $60.8 million from $56.7 million.
Free cash flow decreased 7.2% to $459.8 million from $495.6 million, reflecting the timing of advertising payments and changes in operating assets and liabilities. Cash and cash equivalents stood at $229 million as of Sept. 6, 2026, compared with $125.7 million at 2025-end.
Domino's Leverage Falls as Capital Returns ContinueThe leverage ratio improved to 4.2 times from 4.5 times a year earlier. Total debt stood at about $4.89 billion, including $1.33 billion classified as current liabilities ahead of anticipated 2027 note repayments. Management expects to refinance those notes at higher interest rates.
The company repurchased 216,282 shares for $73.6 million during the quarter, with $1.15 billion remaining under its authorization. The board also declared a $1.99-per-share quarterly dividend, payable Dec. 30, 2026, to its shareholders of record as of Dec. 15.
DPZ’s Zacks Rank & Key PicksDomino's currently has a Zacks Rank #3 (Hold).
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The Zacks Consensus Estimate for Five Below’s fiscal 2027 sales and EPS indicates growth of 20.1% and 57.6%, respectively, from the year-ago period’s levels.
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The Zacks Consensus Estimate for FIGS’ 2026 sales and EPS indicates growth of 19.8% and 89.5%, respectively, from the prior-year levels.
Domino's Pizza (DPZ -4.31%) was one of the best-performing stocks of the 2010s, but the world's biggest pizza chain has delivered more modest results this decade.
In fact, the stock is down 36% over the last five years. After a decade of delivering positive same-store sales growth, Domino's growth has slowed considerably due to inflation and competition from delivery platforms like DoorDash.
In its third-quarter earnings report, Domino's continued to struggle with the stock falling 3.5% on the news.
U.S. same-store sales rose just 0.3%, while international comparable sales rose just 0.2%.
Overall revenue was up 3.4% to $1.19 billion, which was ahead of the consensus at $1.17 billion. Domino's cut back on advertising expenses, which led to a bump in operating income, and earnings per share improved from $4.08 to $4.60, topping the consensus at $4.39.
Domino's continued its expansion, adding 175 new stores in the quarter to bring its grand total to 22,706.
However, the company has just begun a new chapter with new CEO Joe Jordan, who took the helm at the beginning of October.
In the earnings release, Jordan said he wants the company to improve by "getting even closer to our customers, helping our franchisees grow their profitability and turning our best performance into our everyday performance."
Can Domino's be a winner for investors once again? Let's take a look at what to expect as Jordan tries to infuse new life into the company.
Image source: Getty Images.
Where Domino's stands todayDomino's remains the leader of its industry, but all three of the major pizza chains, including Papa John's and Yum! Brands' Pizza Hut have struggled, and the broader fast-food industry has faced pressure due to weakness in discretionary spending.
Domino’s is taking market share from those two rivals, but it hasn’t been enough to please investors. The company is seeing smaller average ticket sizes and fewer items per order, indicating that many of its customers are facing financial pressure, including from higher gas prices. The company has also been using discounts to protect its market share and drive traffic, which is impacting the average ticket.
As a result, Domino's is also getting pushback from franchisees, who are reluctant to expand in such an environment, and the company cut its store-growth guidance in the U.S. to 125-150 net new stores due to profitability pressures.
Today's Change
(
-4.31
%) $
-13.40
Current Price
$
297.50
What it means for Jordan and Domino'sNone of these challenges will be particularly easy for Domino's to solve. The stock's surge in the 2010s came as it overhauled its recipes in response to complaints about low quality, and then CEO Patrick Doyle touted the improvements in an advertising blitz.
Now, presumedly, the food quality isn't the problem. Domino's, which is known for low prices and serves an economically sensitive demographic, is feeling more pressure from inflation and high gas prices than many of its peers, and the proliferation of delivery apps has made its delivery model less unique.
Domino's is stlll stable with flattish comparable sales and solid profits, and it is returning capital to shareholders through dividends and share buybacks. However, returning to the kind of growth investors saw in the 2010s won't be easy for Jordan, and it will take time, if the company gets there.
The stock is reasonably priced, but I'd like to see stronger growth before I call it a buy.
What happened Domino's Pizza, Inc. (NASDAQ: DPZ) reported third-quarter 2026 results on October 13, 2026. Revenue rose 3.4% to $1.19 billion. Global retail sales growth, excluding foreign currency impact, slowed to 3.2% from 6.3%. Global retail sales reached $4.84 billion. U.S. same store sales growth was 0.3%. International same store sales growth, excluding foreign currency
Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?Domino's Pizza NASDAQ: DPZ reported third-quarter operating income growth of 8.5%, excluding foreign-currency effects and minor refranchising true-up impacts, as higher franchise royalties and fees and supply-chain performance helped offset a challenging consumer backdrop.
During the company’s earnings call, Chief Executive Officer Joe Jordan said demand remained strong, with order counts increasing in both delivery and carryout and the company continuing to gain share in the quick-service pizza category. However, lower average ticket sizes constrained same-store sales as customers reduced items per order.
Get Domino's Pizza alerts:
Jersey Mike's Serves Fresh Gains After IPO StumbleJordan, speaking on his first earnings call as CEO, said his priorities are to get closer to customers and support four-wall profitability for franchisees. He succeeded Russell Weiner as CEO, while Weiner is expected to become executive chairman at the company’s annual shareholder meeting in April.
Sales Growth Supported by New Stores and Order Counts
Global retail sales grew 3.2% in the third quarter excluding foreign currency, supported by more than 950 net new stores added over the past 12 months. U.S. retail sales rose 2.1%, driven primarily by net store growth, including 26 net new U.S. locations during the quarter. U.S. same-store sales increased 0.3%.
Confidence Is Back, But Earnings Show the Consumer Is Being PickyThe U.S. comparable-sales result reflected order-count growth in Domino’s core business and continued growth from aggregator platforms, according to Chief Financial Officer Sandeep Reddy. Those gains were partly offset by a lower average ticket, as items per order declined in carryout and first-party delivery. Pricing rose 1.2% in the quarter.
U.S. carryout comparable sales increased 1%.
U.S. delivery comparable sales declined 0.3%.
International retail sales increased 4.3%, excluding foreign currency.
International comparable sales increased 0.2%.
Domino’s added 149 international stores during the quarter.
Reddy said the consumer environment remained difficult and that pressure had become more visible in items per order during the third quarter. Jordan said customers continued to place orders, including lower-income consumers, but were managing their spending by ordering fewer items.
“We’re very pleased to continue to see order count growth, particularly among low-income consumers,” Jordan said. “The brand is still relevant, even when the pressure is on their pocketbooks.”
Value, Product Innovation and Delivery Platforms
Management said it is seeking to balance value promotions that drive order counts with initiatives that improve average ticket size. Jordan said the company’s Best Deal Ever promotion continued to perform well in the third quarter, including the addition of stuffed crust, which Domino’s believes can encourage customers to return for higher-ticket purchases.
The company also recently launched “The Domino,” a product designed around what management calls the “me/we occasion,” or group pizza orders in which consumers still want individual choices. Jordan said the product could help Domino’s compete for occasions that historically may not have favored pizza, particularly on third-party aggregator platforms where consumers may be looking for individual meals.
Domino’s said its third-party delivery rollout continues to add customers without materially displacing its first-party delivery business. Jordan said the company is now the largest pizza brand on both DoorDash and Uber, but believes it has not yet reached its fair share of the broader quick-service pizza category on those platforms.
Management continues to estimate that roughly 50% of third-party delivery sales are incremental. Reddy said the company has intentionally taken a disciplined approach to aggregator expansion to protect franchisee profitability rather than pursuing faster growth at the expense of margins.
Outlook Revised for Store Growth and International Comps
Domino’s maintained its expectation for low-single-digit U.S. same-store sales growth in 2026, but said it now expects results to land toward the lower end of that range, assuming current macroeconomic and competitive pressures persist through year-end.
The company lowered its outlook for U.S. net new stores to 125 to 150 for the year, citing pressure on the development pipeline and franchisee profitability. Reddy said the revision was not driven by closures, which have remained limited, but by a slower pace of future openings. Domino’s has maintained its long-term U.S. potential of more than 8,500 stores.
International same-store sales are now expected to be approximately flat for 2026, largely because of continued pressures at Domino’s Pizza Enterprises, or DPE. Reddy said DPE has indicated that its conditions are not expected to improve meaningfully until 2027. Domino’s continues to expect about 800 net new international stores this year.
For the full year, Domino’s now expects global retail sales growth in the low- to mid-single digits and operating-income growth in the mid-single digits, excluding foreign currency, refranchising gains and the gain from the sale of a corporate aircraft.
Franchisee Profitability and Capital Allocation
Executives acknowledged that franchisee profitability is under pressure, affecting development sentiment and the willingness of operators to open additional stores. Jordan said the company is focused on improving profits through its marketing calendar, better ticket management and more consistent restaurant operations.
He pointed to the company’s Dom.OS technology platform and an orchestration agent being tested in stores as tools intended to improve consistency in product and service. Jordan said he expects improved execution to support customer retention, frequency and franchisee results.
Reddy said supply-chain performance benefited from procurement productivity and route optimization. Domino’s shares U.S. supply-chain profit improvements equally with franchisees, and he said the company’s future focus will be on gross-profit-dollar growth rather than margin expansion alone.
Through the first three quarters of 2026, Domino’s repurchased about 849,000 shares for $305 million. The company had approximately $1.15 billion remaining under its repurchase authorization at quarter-end. Reddy said Domino’s expects to continue returning meaningful cash to shareholders while evaluating leverage levels amid higher interest rates. The company’s leverage was 4.2 times EBITDA at the end of the quarter.
About Domino's Pizza (NASDAQ:DPZ)Domino's Pizza, Inc is a global quick-service restaurant company specializing in pizza delivery and carryout. Its menu includes a variety of pizzas, sides, desserts and beverages, with orders placed through digital platforms, phone ordering and participating stores.
Founded in 1960 in Ypsilanti, Michigan, Domino's began as a small pizza business and adopted its current name in 1965. The company has expanded through a primarily franchise-based model, supported by company-owned stores and an integrated supply chain that provides food and other products to many participating locations.
Domino's serves customers in the United States and international markets across North America, Europe, Asia-Pacific, the Middle East, Africa and other regions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Domino's Pizza Inc (NYSE:DPZ) reported on Tuesday that US same-store sales rose just 0.3% in the third quarter, even as earnings per share topped analyst estimates.
Earnings per share rose 12.7% to $4.60, ahead of the $4.37 estimate. Net income increased 9.2% to $152.2 million, versus the $145 million estimate. Operating income rose 8.3% to $241.8 million, above the $230 million estimate.
Revenue climbed 3.4% to $1.19 billion, compared with the $1.18 billion estimate.
International same-store sales rose 0.2% excluding currency effects. Global retail sales grew 3.2% excluding currency effects, and the company added a net 175 stores worldwide.
Total gross margin was 40.2%, slightly below the 40.3% estimate. Supply chain gross margin came in at 12.2%.
Year-to-date free cash flow was $459.8 million, down 7.2% from a year earlier.
The report was the first quarter under Joe Jordan, who stepped into the role of chief executive.
“I am honored to lead Domino's and build on the competitive advantages that have long set us apart: our iconic brand, best-in-class franchise system, global scale and proven operating capabilities," Jordan said in a statement.
"Our opportunity now is to capitalize on those strengths by getting even closer to our customers, helping our franchisees grow their profitability and turning our best performance into our everyday performance.
Capital returned to shareholders included $73.6 million in share buybacks and a dividend of $1.99 per share. The company has $1.15 billion remaining under its repurchase authorization.
Domino's Pizza, Inc. (DPZ) Q3 2026 Earnings Call October 13, 2026 8:30 AM EDT
Company Participants
Gregory Lemenchick - Vice President of Investor Relations
Russell Weiner
Joseph Jordan - CEO & Director
Sandeep Reddy - Executive VP & CFO
Conference Call Participants
Christopher O'Cull - Robert W. Baird & Co. Incorporated, Research Division
David Palmer - Evercore ISI Institutional Equities, Research Division
Gregory Francfort - Guggenheim Securities, LLC, Research Division
Brian Bittner - Oppenheimer & Co. Inc., Research Division
Lauren Silberman - Deutsche Bank AG, Research Division
John Ivankoe - JPMorgan Chase & Co, Research Division
Dennis Geiger - UBS Investment Bank, Research Division
Peter Saleh - BTIG, LLC, Research Division
Danilo Gargiulo - Bernstein Institutional Services LLC, Research Division
Sara Senatore - BofA Securities, Research Division
Andrew Charles - TD Cowen, Research Division
Brian Harbour - Morgan Stanley, Research Division
Jon Tower - Citigroup Inc., Research Division
Jeffrey Farmer - Gordon Haskett Research Advisors
Zachary Fadem - Wells Fargo Securities, LLC, Research Division
Christopher Carril - KeyBanc Capital Markets Inc., Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Third Quarter 2026 Domino's Pizza Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Greg Lemenchick. Sir, please go ahead.
Gregory Lemenchick
Vice President of Investor Relations
Good morning, everyone. Thank you for joining us today for our third quarter conference call. Today's call will begin with remarks from our Executive Chairman Designate, Russell Weiner; followed by our Chief Executive Officer, Joe Jordan; and our Chief Financial Officer, Sandeep Reddy. We will then open the line for Q&A.
Please note that Russell will be joining only for the prepared remarks. Joe and Sandeep will take your questions.
The notices regarding forward-looking statements in this morning's earnings release and 10-Q, both of which are
Domino's Pizza (DPZ - Free Report) came out with quarterly earnings of $4.6 per share, beating the Zacks Consensus Estimate of $4.33 per share. This compares to earnings of $4.08 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +6.24%. A quarter ago, it was expected that this pizza chain would post earnings of $4.11 per share when it actually produced earnings of $4.07, delivering a surprise of -0.97%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Domino's Pizza, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $1.19 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 1.63%. This compares to year-ago revenues of $1.15 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Domino's Pizza shares have lost about 25.4% since the beginning of the year versus the S&P 500's gain of 14.1%.
What's Next for Domino's Pizza?While Domino's Pizza has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Domino's Pizza was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $6.41 on $1.65 billion in revenues for the coming quarter and $18.96 on $5.15 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Restaurants is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Yum Brands (YUM - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 3.
This parent company of KFC, Taco Bell and Pizza Hut is expected to post quarterly earnings of $1.51 per share in its upcoming report, which represents a year-over-year change of -4.4%. The consensus EPS estimate for the quarter has been revised 1.4% lower over the last 30 days to the current level.
Yum Brands' revenues are expected to be $2.1 billion, up 6.1% from the year-ago quarter.
Domino's Pizza (DPZ.O) on Tuesday scaled back its full-year sales outlook, warning that US and international comparable sales growth would remain muted, sending shares down about 3% in early trading.
The pizza giant has reported slowing comparable sales for several quarters running, squeezed by rising competition, persistent inflation and a softening US labor market that have made consumers increasingly cautious about discretionary spending.
Here are some details:
"We expect the macro environment to remain an overhang on the consumer through the balance of the year," CEO Joe Jordan, who joined earlier this month, said on a post earnings call
Demand remains challenging across the quick-service restaurant and pizza industry, Jordan added.
Jordan said the company aims to restore profit and order-count growth while expanding its competitive reach beyond the traditional quick-service pizza market.
Domino's now expects US same-store sales to be towards the low end of low-single-digit growth forecast.
The key test for the new CEO is driving order growth through promotions and new products without hurting franchisee profitability, said Lale Akoner, an analyst at eToro.
Its annual international comparable sales are expected to be about flat, compared with prior forecast of low-single-digit growth.
Domino's posted quarterly US same-store sales growth of 0.3%, below analysts' estimates of a 0.71% rise, according to data compiled by LSEG.
Its quarterly international same-store sales grew 0.2%, versus estimates of 0.88% rise.
However, Domino's posted quarterly revenue of $1.19 billion and profit of $4.60 per share, both topping estimates of $1.18 billion and $4.37 per share, respectively.
For the quarter ended September 2026, Domino's Pizza (DPZ - Free Report) reported revenue of $1.19 billion, up 3.4% over the same period last year. EPS came in at $4.60, compared to $4.08 in the year-ago quarter.
The reported revenue represents a surprise of +1.63% over the Zacks Consensus Estimate of $1.17 billion. With the consensus EPS estimate being $4.33, the EPS surprise was +6.24%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Domino's Pizza performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Store counts - Total U.S. Stores: 7,257 versus the five-analyst average estimate of 7,263.Store counts - Total: 22,706 versus the five-analyst average estimate of 22,740.Store counts - International Stores: 15,449 versus the five-analyst average estimate of 15,477.Store counts - U.S. Franchise Stores: 7,070 versus 7,075 estimated by five analysts on average.Store counts - U.S. Company-owned Stores: 187 versus the five-analyst average estimate of 188.Same store sales growth - International stores: 0.2% versus 0.8% estimated by five analysts on average.Same store sales growth - U.S. stores: 0.3% compared to the 1.3% average estimate based on five analysts.Revenues- U.S. Company-owned stores: $61.43 million versus the six-analyst average estimate of $64.55 million. The reported number represents a year-over-year change of -25.8%.Revenues- U.S. franchise royalties and fees: $165.64 million compared to the $159.59 million average estimate based on six analysts. The reported number represents a change of +5.4% year over year.Revenues- U.S. franchise advertising: $128.67 million versus the six-analyst average estimate of $132.25 million. The reported number represents a year-over-year change of -2.3%.Revenues- International franchise royalties and fees: $83.7 million versus $78.58 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +6.6% change.Revenues- Supply chain: $746.15 million versus the six-analyst average estimate of $726.35 million. The reported number represents a year-over-year change of +7.1%.View all Key Company Metrics for Domino's Pizza here>>>
Shares of Domino's Pizza have returned -4% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Global retail sales growth (excluding foreign currency impact) of 3.2%
U.S. same store sales growth of 0.3%
International same store sales growth (excluding foreign currency impact) of 0.2%
Global net store growth of 175 stores, including 26 net store openings in the U.S. and 149 net store openings internationally
Income from operations increased 8.3%; excluding the $0.2 million negative impact of foreign currency exchange rates on international franchise royalty revenues, income from operations increased 8.4%
, /PRNewswire/ -- Domino's Pizza, Inc. (Nasdaq: DPZ), the largest pizza company in the world, announced results for the third quarter of 2026.
"As I step into the CEO role, I am honored to lead Domino's and build on the competitive advantages that have long set us apart: our iconic brand, best-in-class franchise system, global scale and proven operating capabilities," said Joe Jordan, Domino's Chief Executive Officer. "Our opportunity now is to capitalize on those strengths by getting even closer to our customers, helping our franchisees grow their profitability and turning our best performance into our everyday performance. By advancing winning ideas faster and executing them with greater clarity, speed and consistency, we can earn more occasions, continue gaining market share and create meaningful long-term value for shareholders. Domino's has always been at its best when we are a step ahead. That mindset has helped us set the pace for the industry before, and it's how we'll push ourselves to do it again. I believe our next chapter will be our strongest yet."
Third Quarter of 2026 Operational and Financial Highlights (Unaudited):
The tables below outline certain statistical measures utilized by the Company to analyze its performance, as well as key financial results. This historical data is not necessarily indicative of results to be expected for any future period. Refer to Comments on Regulation G below for additional details, including definitions of these statistical measures and certain reconciliations.
Third Quarter
Three Fiscal Quarters
2026
2025
2026
2025
Global retail sales: (in millions of U.S. dollars)
U.S. stores
$
2,368.6
$
2,320.4
$
7,052.3
$
6,896.8
International stores
2,471.8
2,375.8
7,377.8
6,933.5
Total
$
4,840.4
$
4,696.2
$
14,430.1
$
13,830.3
Third Quarter
Three Fiscal Quarters
2026
2025
2026
2025
Global retail sales growth:
(versus prior year period, excluding foreign currency impact)
U.S. stores
+ 2.1 %
+ 7.0 %
+ 2.3 %
+ 4.5 %
International stores
+ 4.3 %
+ 5.7 %
+ 4.1 %
+ 6.6 %
Total
+ 3.2 %
+ 6.3 %
+ 3.2 %
+ 5.5 %
Third Quarter
Three Fiscal Quarters
2026
2025
2026
2025
Same store sales growth:
(versus prior year period)
U.S. Company-owned stores
+ 1.0 %
+ 3.4 %
+ 2.5 %
+ 1.0 %
U.S. franchise stores
+ 0.3 %
+ 5.3 %
+ 0.4 %
+ 2.7 %
U.S. stores
+ 0.3 %
+ 5.2 %
+ 0.4 %
+ 2.7 %
International stores (excluding foreign currency impact)
+ 0.2 %
+ 1.7 %
(0.1) %
+ 2.5 %
U.S. Company-
owned Stores
U.S. Franchise
Stores
Total
U.S. Stores
International
Stores
Total
Third quarter of 2026 store counts:
Store count at June 14, 2026
186
7,045
7,231
15,300
22,531
Openings
1
27
28
200
228
Closings
—
(2)
(2)
(51)
(53)
Store count at September 6, 2026
187
7,070
7,257
15,449
22,706
Third quarter 2026 net store growth
1
25
26
149
175
Trailing four quarters net store growth
5
162
167
789
956
Third Quarter
Three Fiscal Quarters
(In millions, except percentages, percentage points, per-
share data and leverage ratio)
2026
2025
Increase/
(Decrease)
2026
2025
Increase/
(Decrease)
Total revenues
$1,185.6
$1,147.1
+ 3.4 %
$3,530.6
$3,404.3
+ 3.7 %
Supply chain gross margin
12.2 %
11.3 %
+ 0.9 pp
12.1 %
11.6 %
+ 0.5 pp
Income from operations
$241.8
$223.2
+ 8.3 %
$704.2
$658.3
+ 7.0 %
Net income
$152.2
$139.3
+ 9.2 %
$427.7
$420.1
+ 1.8 %
Diluted earnings per share
$4.60
$4.08
+ 12.7 %
$12.80
$12.22
+ 4.7 %
Leverage ratio
4.2x
4.5x
(0.3)x
Net cash provided by operating activities
$520.6
$552.3
(5.7) %
Capital expenditures
(60.8)
(56.7)
+ 7.2 %
Free cash flow
$459.8
$495.6
(7.2) %
Revenues increased $38.5 million, or 3.4%, in the third quarter of 2026 as compared to the third quarter of 2025, primarily due to higher supply chain revenues and higher global franchise royalty revenues. The increase in supply chain revenues was primarily attributable to higher order volumes, as well as an increase in the Company's food basket pricing to stores, which increased 2.2% in the third quarter of 2026 as compared to the third quarter of 2025. U.S. and international franchise royalties and fees revenues increased primarily as a result of net store growth during the trailing four quarters. These increases in revenues were partially offset by lower U.S. Company-owned store revenues as a result of the refranchising of certain U.S. Company-owned store markets in the second quarter of 2026. Supply chain gross margin increased 0.9 percentage points in the third quarter of 2026 as compared to the third quarter of 2025, primarily due to procurement productivity. Income from operations increased $18.6 million, or 8.3%, in the third quarter of 2026 as compared to the third quarter of 2025. Excluding the negative impact of foreign currency exchange rates on international franchise royalty revenues of $0.2 million, income from operations increased $18.8 million, or 8.4%, primarily due to the increases in U.S. and international franchise royalties and fees revenues and gross margin dollar growth within supply chain. Net income increased $12.9 million, or 9.2%, in the third quarter of 2026 as compared to the third quarter of 2025, primarily due to higher income from operations. Diluted EPS was $4.60 in the third quarter of 2026 as compared to $4.08 in the third quarter of 2025, representing a $0.52, or 12.7%, increase. The increase in diluted EPS was driven by higher net income, as well as a lower weighted average diluted share count resulting from the Company's share repurchases during the trailing four quarters. Net cash provided by operating activities was $520.6 million in the three fiscal quarters of 2026 as compared to $552.3 million in the three fiscal quarters of 2025. The Company spent $60.8 million on capital expenditures in the three fiscal quarters of 2026 as compared to $56.7 million in the three fiscal quarters of 2025, resulting in free cash flow of $459.8 million in the three fiscal quarters of 2026 as compared to $495.6 million in the three fiscal quarters of 2025. The decrease in free cash flow was a result of the timing and amount of payments for advertising activities and the negative impact of changes in operating assets and liabilities. These decreases were partially offset by the increase in income from operations in the three fiscal quarters of 2026 (excluding the pre-tax realized gain on the sale of the Company's fully depreciated corporate aircraft in the first quarter of 2026). Quarterly Dividend
Subsequent to the end of the third quarter of 2026, on October 6, 2026, the Company's Board of Directors declared a $1.99 per share quarterly dividend on its outstanding common stock for shareholders of record as of December 15, 2026, to be paid on December 30, 2026.
Share Repurchases
During the third quarter of 2026, the Company repurchased and retired 216,282 shares of common stock for a total of $73.6 million. During the three fiscal quarters of 2026, the Company repurchased and retired 848,503 shares of common stock for a total of $304.9 million. As of September 6, 2026, the Company had a total remaining authorized amount for share repurchases of $1.15 billion.
Comments on Regulation G
In addition to the GAAP financial measures set forth in this press release, the Company has included non-GAAP financial measures within the meaning of Regulation G, including free cash flow, income from operations, excluding foreign currency impact and Consolidated Adjusted EBITDA. The Company has also included metrics such as global retail sales, global retail sales growth (excluding foreign currency impact), same store sales growth, net store growth, food basket pricing change, impact of changes in foreign currency exchange rates on international franchise royalty revenues and the leverage ratio, which are commonly used statistical measures in the quick-service restaurant industry that are important to understanding Company performance.
The Company uses "global retail sales," a statistical measure, to refer to total worldwide retail sales at Company-owned and franchised stores. The Company believes global retail sales information is useful in analyzing revenues because franchisees pay royalties and, in the U.S., advertising fees that are based on a percentage of franchise retail sales. The Company reviews comparable industry global retail sales information to assess business trends and to track the growth of the Domino's Pizza brand, and believes it is indicative of the financial health of the Company's franchisee base. In addition, supply chain revenues are directly impacted by changes in franchise retail sales in the U.S. and Canada. As a result, sales by Domino's franchisees have a direct effect on the Company's profitability. Retail sales for franchised stores are reported to the Company by its franchisees and are not included in Company revenues. "Global retail sales growth" is calculated as the change of U.S. Dollar global retail sales against the comparable period of the prior year. "Global retail sales growth, excluding foreign currency impact," is calculated as the change of local currency global retail sales against the comparable period of the prior year. Changes in global retail sales growth, excluding foreign currency impact are primarily driven by same store sales growth and net store growth.
The Company uses "same store sales growth," a statistical measure, which is calculated for a given period by including only sales from stores that also had sales in the comparable weeks of both periods. International same store sales growth is calculated similarly to U.S. same store sales growth. Changes in international same store sales are reported on a constant dollar basis, which reflects changes in international local currency sales. Same store sales growth for transferred stores is reflected in their current classification.
The Company uses "net store growth," a statistical measure, which is calculated by netting gross store openings with gross store closures during the period. Transfers between Company-owned stores and franchised stores are excluded from the calculation of net store growth.
The Company uses "food basket pricing change," a statistical measure, which is calculated as the percentage change of the food basket (including both food and cardboard products) purchased by an average U.S. store (based on average weekly unit sales) from U.S. supply chain centers against the comparable period of the prior year. The Company believes that the food basket pricing change is important to understanding Company performance because as food basket prices fluctuate, revenues, cost of sales and gross margin percentages in the Company's supply chain segment also fluctuate. Additionally, cost of sales, gross margins and gross margin percentages for the Company's U.S. Company-owned stores also fluctuate.
The Company uses "free cash flow," which is calculated as net cash provided by operating activities, less capital expenditures, both as reported under GAAP. The most directly comparable financial measure calculated and presented in accordance with GAAP is net cash provided by operating activities. The Company believes that the free cash flow measure is important to investors and other interested persons, and that such persons benefit from having a measure that communicates how much cash flow is available for working capital needs or repurchasing debt, making acquisitions, repurchasing common stock or paying dividends.
The Company uses "income from operations, excluding foreign currency impact," which is calculated as income from operations as reported under GAAP, less the "impact of changes in foreign currency exchange rates on international franchise royalty revenues," a statistical measure. The most directly comparable financial measure calculated and presented in accordance with GAAP is income from operations. The impact of changes in foreign currency exchange rates on international franchise royalty revenues is calculated as the difference in international franchise royalty revenues resulting from translating current period local currency results to U.S. dollars at current period exchange rates as compared to prior period exchange rates. The Company believes that the impact of changes in foreign currency exchange rates on international franchise royalty revenues is important to understanding Company performance given the significant variability in international franchise royalty revenues that can be driven by changes in foreign currency exchanges rates. International franchise royalty revenues do not have a cost of sales component, so changes in these revenues have a direct impact on income from operations.
The Company uses "Consolidated Adjusted EBITDA," which is calculated as income from operations as reported under GAAP, excluding depreciation and amortization, non-cash equity-based compensation expense, gains and losses from the sale and disposal of assets and refranchising gains and losses, each as reported under GAAP. Consolidated Adjusted EBITDA is defined in the base indenture governing the Company's securitized debt and is used by the Company and investors to calculate the leverage ratio (defined below), and other ratios defined in the indenture governing the Company's securitized debt. As such, Consolidated Adjusted EBITDA is important to investors and other interested persons to understand the financial performance of the Company, and to assess the ability of the Company to meet its financial obligations.
The Company uses the "leverage ratio1," which is calculated as the Company's securitized debt related to its fixed-rate notes and borrowings under its variable funding notes, divided by Consolidated Adjusted EBITDA on a trailing four quarters basis. The Company has historically operated with a leverage ratio between four and six times. The Company reviews its leverage ratio on at least a quarterly basis and believes its leverage ratio is important to investors and other interested persons to understand the capital structure of the Company, and to assess the ability of the Company to meet its financial obligations.
The reconciliation of the leverage ratio for the third quarters of 2026 and 2025 is as follows below.
September 6,
2026
September 7,
2025
2017 Ten-Year Notes
$
940,000
$
940,000
2018 9.25-Year Notes
379,000
379,000
2019 Ten-Year Notes
648,000
648,000
2021 7.5-Year Notes
826,625
826,625
2021 Ten-Year Notes
972,500
972,500
2025 Five-Year Notes
500,000
500,000
2025 Seven-Year Notes
500,000
500,000
Total fixed-rate notes
$
4,766,125
$
4,766,125
Income from operations – third quarter of 2026 and 2025
$
241,773
$
223,168
Income from operations – second quarter of 2026 and 2025
232,039
225,044
Income from operations – first quarter of 2026 and 2025
230,357
210,095
Income from operations – fourth quarter of 2025 and 2024
295,667
273,652
Income from operations – trailing four quarters
$
999,836
$
931,959
Depreciation and amortization – trailing four quarters
$
89,200
$
87,886
Non-cash equity-based compensation expense – trailing four quarters
43,803
43,395
Refranchising gain – trailing four quarters
(4,025)
(3,883)
Gain on sale of assets – trailing four quarters
(7,780)
—
Loss on disposal of assets – trailing four quarters
2,331
1,730
Reconciliation of income from operations to
Consolidated Adjusted EBITDA – trailing four quarters
$
123,529
$
129,128
Consolidated Adjusted EBITDA – trailing four quarters
$
1,123,365
$
1,061,087
Leverage ratio
4.2
x
4.5
x
(1)
The Company also calculates and reviews its Senior Leverage Ratio and Holdco Leverage Ratio as defined in the indenture governing the Company's securitized debt.
Conference Call Information
The Company will file its Quarterly Report on Form 10-Q today. As previously announced, Domino's Pizza, Inc. will hold a conference call today at 8:30 a.m. (Eastern) to review its third quarter 2026 financial results. The webcast is available at ir.dominos.com and will be archived for one year.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,700 stores in over 90 markets. Domino's had global retail sales of over $20.7 billion in the trailing four quarters ended September 6, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the third quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
Please visit our Investor Relations website at ir.dominos.com to view news, announcements, earnings releases, investor presentations and conference webcasts.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:
This press release contains various forward-looking statements about the Company within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") that are based on current management expectations that involve substantial risks and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. The following cautionary statements are being made pursuant to the provisions of the Act and with the intention of obtaining the benefits of the "safe harbor" provisions of the Act. You can identify forward-looking statements by the use of words such as "anticipates," "believes," "could," "should," "estimates," "expects," "intends," "may," "will," "plans," "predicts," "projects," "seeks," "approximately," "potential," "outlook" and similar terms and phrases that concern our strategy, plans or intentions, including references to assumptions. These forward-looking statements address various matters including information concerning future results of operations and business strategy, our anticipated profitability, estimates in same store sales growth, store growth and the growth of our U.S. and international business in general, our ability to service our indebtedness, our future cash flows, our operating performance, trends in our business and other descriptions of future events that reflect the Company's expectations based upon currently available information and data. While we believe these expectations and projections are based on reasonable assumptions, such forward-looking statements are inherently subject to risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from our expectations are more fully described in our filings with the Securities and Exchange Commission, including under the section headed "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 28, 2025. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of various factors, including but not limited to: our substantial indebtedness and our ability to incur additional indebtedness or refinance or renegotiate key terms of that indebtedness in the future; the impact a downgrade in our credit rating may have on our business, financial condition and results of operations; our future financial performance and our ability to pay principal and interest on our indebtedness; the strength of our brand, including our ability to compete in the U.S. and internationally in our intensely competitive industry, including the food service and food delivery markets; our ability to successfully implement our growth strategy, including through our participation in the third-party order aggregation marketplace; labor shortages or changes in operating expenses resulting from increases in prices of food (particularly cheese), fuel and other commodity costs, labor, utilities, insurance, employee benefits and other operating costs or negative economic conditions; the effectiveness of our advertising, operations and promotional initiatives; shortages, interruptions or disruptions in the supply or delivery of fresh food products and store equipment; the additional risks our international operations subject us to, which may differ in each country in which we and our franchisees do business; the dependence of our earnings and business growth strategy on the success of our franchisees; our ability and that of our franchisees to successfully operate in the current and future credit environment; the impact of social media, the rise of artificial intelligence–generated content, or a boycott on our business, brand and reputation; the impact of new or improved technologies, including artificial intelligence, and alternative methods of delivery on consumer behavior; new product, digital ordering and concept developments by us, and other food-industry competitors; our ability to maintain good relationships with and attract new franchisees, and franchisees' ability to successfully manage their operations without negatively impacting our royalty payments and fees or our brand's reputation; our ability to successfully implement cost-saving strategies; changes in the level of consumer spending given general economic conditions, including interest rates, energy prices and consumer confidence or negative economic conditions in general; our ability and that of our franchisees to open new restaurants and keep existing restaurants in operation and maintain demand for new stores; the impact that widespread illness, health epidemics or general health concerns, severe weather conditions and natural disasters may have on our business and the economies of the countries where we operate; changes in foreign currency exchange rates; changes in income tax rates; our ability to retain or replace our executive officers and other key members of management and our ability to adequately staff our stores and supply chain centers with qualified personnel; our ability to find and/or retain suitable real estate for our stores and supply chain centers; changes in government legislation or regulation, including changes in laws and regulations regarding information privacy, payment methods, advertising and consumer protection and social media; adverse legal judgments or settlements; food-borne illness or contamination of products or food tampering or other events that may impact our reputation; data breaches, power loss, technological failures, user error or other cyber risks threatening us or our franchisees; the impact that environmental, social and governance matters may have on our business and reputation; the effect of war, terrorism, catastrophic events, geopolitical or reputational considerations or climate change; our ability to pay dividends and repurchase shares; changes in consumer tastes, spending and traffic patterns and demographic trends; changes in accounting policies; and adequacy of our insurance coverage. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur. All forward-looking statements speak only as of the date of this press release and should be evaluated with an understanding of their inherent uncertainty. Except as required under federal securities laws and the rules and regulations of the Securities and Exchange Commission, or other applicable law, we will not undertake, and specifically disclaim, any obligation to publicly update or revise any forward-looking statements to reflect events or circumstances arising after the date of this press release, whether as a result of new information, future events or otherwise. You are cautioned not to place undue reliance on the forward-looking statements included in this press release or that may be made elsewhere from time to time by, or on behalf of, us. All forward-looking statements attributable to us are expressly qualified by these cautionary statements.
TABLES TO FOLLOW
Domino's Pizza, Inc. and Subsidiaries
Condensed Consolidated Statements of Income
(Unaudited)
Fiscal Quarter Ended
September 6,
2026
% of
Total
Revenues
September 7,
2025
% of
Total
Revenues
(In thousands, except share and per-share data)
Revenues:
U.S. Company-owned stores
$
61,432
$
82,749
U.S. franchise royalties and fees
165,638
157,155
Supply chain
746,154
696,959
International franchise royalties and fees
83,700
78,549
U.S. franchise advertising
128,674
131,642
Total revenues
1,185,598
100.0
%
1,147,054
100.0
%
Cost of sales:
U.S. Company-owned stores
54,090
69,258
Supply chain
655,129
617,894
Total cost of sales
709,219
59.8
%
687,152
59.9
%
Gross margin
476,379
40.2
%
459,902
40.1
%
General and administrative
105,726
8.9
%
105,092
9.1
%
U.S. franchise advertising
128,674
10.9
%
131,642
11.5
%
Refranchising loss
206
0.0
%
—
—
Income from operations
241,773
20.4
%
223,168
19.5
%
Other expense
(2,539)
(0.2)
%
(3,017)
(0.3)
%
Interest expense, net
(44,160)
(3.7)
%
(40,952)
(3.6)
%
Income before provision for income taxes
195,074
16.5
%
179,199
15.6
%
Provision for income taxes
42,895
3.7
%
39,880
3.5
%
Net income
$
152,179
12.8
%
$
139,319
12.1
%
Earnings per share:
Common stock – diluted
$
4.60
$
4.08
Weighted average diluted shares
33,114,893
34,146,418
Domino's Pizza, Inc. and Subsidiaries
Condensed Consolidated Statements of Income
(Unaudited)
Three Fiscal Quarters Ended
September 6,
2026
% of
Total
Revenues
September 7,
2025
% of
Total
Revenues
(In thousands, except share and per-share data)
Revenues:
U.S. Company-owned stores
$
225,359
$
266,803
U.S. franchise royalties and fees
487,817
464,416
Supply chain
2,176,835
2,053,945
International franchise royalties and fees
246,502
231,272
U.S. franchise advertising
394,106
387,818
Total revenues
3,530,619
100.0
%
3,404,254
100.0
%
Cost of sales:
U.S. Company-owned stores
198,653
224,242
Supply chain
1,912,847
1,815,993
Total cost of sales
2,111,500
59.8
%
2,040,235
59.9
%
Gross margin
1,419,119
40.2
%
1,364,019
40.1
%
General and administrative
332,505
9.4
%
321,777
9.5
%
U.S. franchise advertising
394,106
11.2
%
387,818
11.4
%
Refranchising gain
(3,881)
(0.1)
%
(3,883)
(0.1)
%
Gain on sale of assets
(7,780)
(0.2)
%
—
—
Income from operations
704,169
19.9
%
658,307
19.3
%
Other (expense) income
(20,895)
(0.6)
%
5,036
0.2
%
Interest expense, net
(132,329)
(3.7)
%
(123,411)
(3.6)
%
Income before provision for income taxes
550,945
15.6
%
539,932
15.9
%
Provision for income taxes
123,205
3.5
%
119,871
3.6
%
Net income
$
427,740
12.1
%
$
420,061
12.3
%
Earnings per share:
Common stock – diluted
$
12.80
$
12.22
Weighted average diluted shares
33,416,210
34,366,396
Domino's Pizza, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(Unaudited)
September 6,
2026
December 28,
2025
(In thousands)
Assets
Current assets:
Cash and cash equivalents
$
229,035
$
125,675
Restricted cash and cash equivalents
167,958
216,110
Accounts receivable, net
286,489
315,958
Inventories
89,535
79,189
Prepaid expenses and other
45,775
39,767
Advertising fund assets, restricted
97,983
117,502
Total current assets
916,775
894,201
Property, plant and equipment, net
375,415
324,022
Operating lease right-of-use assets
225,213
219,485
Investment in DPC Dash
15,175
36,070
Other assets
233,795
242,681
Total assets
$
1,766,373
$
1,716,459
Liabilities and stockholders' deficit
Current liabilities:
Current portion of long-term debt
$
1,326,786
$
6,131
Accounts payable
132,253
135,029
Operating lease liabilities
46,150
47,553
Advertising fund liabilities
96,639
115,412
Other accrued liabilities
277,622
237,496
Total current liabilities
1,879,450
541,621
Long-term liabilities:
Long-term debt, less current portion
3,559,118
4,810,683
Operating lease liabilities
189,769
183,917
Other accrued liabilities
93,134
81,380
Total long-term liabilities
3,842,021
5,075,980
Total stockholders' deficit
(3,955,098)
(3,901,142)
Total liabilities and stockholders' deficit
$
1,766,373
$
1,716,459
Domino's Pizza, Inc. and Subsidiaries
Condensed Consolidated Statements of Cash Flows
(Unaudited)
Three Fiscal Quarters Ended
September 6,
2026
September 7,
2025
(In thousands)
Cash flows from operating activities:
Net income
$
427,740
$
420,061
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
61,501
61,128
Refranchising gain
(3,881)
(3,883)
Gain on sale of assets
(7,780)
—
Loss on disposal of assets
1,181
703
Amortization of debt issuance costs
4,455
3,768
Provision for deferred income taxes
12,009
9,255
Non-cash equity-based compensation expense
30,843
31,681
Excess tax benefits from equity-based compensation
(1,026)
(2,751)
Provision (benefit) for losses on accounts and notes receivable
418
(49)
Unrealized and realized loss (gain) on investments, net
20,895
(5,036)
Changes in operating assets and liabilities
(5,126)
10,242
Changes in advertising fund assets and liabilities, restricted
(20,628)
27,137
Net cash provided by operating activities
520,601
552,256
Cash flows from investing activities:
Capital expenditures
(60,829)
(56,667)
Proceeds from sale of assets
27,623
8,458
Sale of investments
—
44,085
Other
(961)
(1,939)
Net cash used in investing activities
(34,167)
(6,063)
Cash flows from financing activities:
Proceeds from issuance of long-term debt
—
1,000,000
Repayments of long-term debt and finance lease obligations
(4,097)
(1,147,773)
Proceeds from exercise of stock options
9,205
12,882
Purchases of common stock
(308,239)
(277,698)
Tax payments for restricted stock upon vesting
(14,204)
(10,862)
Payments of common stock dividends and equivalents
(134,331)
(119,503)
Cash paid for financing costs
—
(15,287)
Net cash used in financing activities
(451,666)
(558,241)
Effect of exchange rate changes on cash
(338)
1,487
Change in cash and cash equivalents, restricted cash and cash equivalents
34,430
(10,561)
Cash and cash equivalents, beginning of period
125,675
186,126
Restricted cash and cash equivalents, beginning of period
216,110
195,370
Cash and cash equivalents included in advertising fund assets, restricted,
beginning of period
92,200
80,928
Cash and cash equivalents, restricted cash and cash equivalents and
cash and cash equivalents included in advertising fund assets, restricted,
beginning of period
433,985
462,424
Cash and cash equivalents, end of period
229,035
139,728
Restricted cash and cash equivalents, end of period
167,958
202,501
Cash and cash equivalents included in advertising fund assets, restricted,
end of period
71,422
109,634
Cash and cash equivalents, restricted cash and cash equivalents and cash and
cash equivalents included in advertising fund assets, restricted, end of period
Domino’s Pizza Inc. (NASDAQ:DPZ) reports third-quarter earnings Tuesday, with new CEO Joe Jordan facing his first call as chief executive and a problem to solve: customers are ordering more pizzas but spending less per order.
U.S. same-store sales rose just 0.1% last quarter, while shares have fallen roughly 26% this year.
Wall Street expects earnings of $4.40 per share on revenue of $1.17 billion. On Polymarket, traders give Domino’s a 64% chance of reporting GAAP earnings above $4.43 per share.
Meanwhile, more than $300,000 has been traded on Kalshi contracts predicting what executives will say during the earnings call.
What Kalshi Predicts Domino’s Will Say“Same Store” leads at 98%. Same-store sales measure revenue growth at existing restaurants, excluding new openings. U.S. growth slowed from 0.9% to just 0.1% last quarter, despite rising order counts.
“Detroit” trades at 83%, while “Parmesan” sits at 67% and “Stuffed Crust” at 65%. All three words relate to Domino’s efforts to attract customers with new and discounted pizzas.
On Aug. 31, Domino’s launched the Domino, a rectangular, single-serving Detroit-style pizza with a crispy Parmesan crust, cut into two squares. Designed to compete with burgers and other fast food, it was available for only the final week of the quarter.
Domino’s also added its Parmesan Stuffed Crust pizza to its $9.99 Best Deal Ever promotion over the summer.
The moves follow a disappointing premium-pizza campaign that management blamed for weaker average customer spending last quarter.
“DoorDash” sits at 61%. Then-CEO Russell Weiner said in July that Domino’s believed it had become the leading pizza brand on DoorDash and Uber Eats, estimating roughly half of those orders represented additional business.
“India” trades at 58%. Domino’s Indian franchise operator recently reported 4.1% like-for-like sales growth, up from 2.5% the previous quarter.
What Kalshi Predicts Domino’s Will Skip“Inflation” trades at 44%. Weiner argued in July that weaker average order values were largely an execution problem within management’s control.
“AI” sits at 38%, despite Domino’s development of an “orchestration agent” designed to coordinate pizza preparation with delivery-driver arrivals.
Reading the BoardCFO Sandeep Reddy made a firm promise in July about the average amount customers spend per order, known as the average ticket.
“We had a one-quarter blip on ticket. We’re not going to have another blip.”
BTIG analyst Peter Saleh warned in July that returning to 1% to 2% sales growth “isn’t exactly spectacular.”
For Jordan, the test is whether Domino’s can increase customer spending without reversing its gains in orders. Another disappointing average ticket would put management’s promise under scrutiny.
Kalshi and Benzinga have an existing data collaboration agreement.
Restaurant company Domino’s Pizza (NASDAQ:DPZ) has struggled in 2026, with shares trading near their five-year lows that were hit back in June. The company reports third-quarter financial results Tuesday before the market open.
Here’s a look at the earnings estimates, analyst ratings and key items to watch.
• Domino’s Pizza shares are advancing steadily. Why are DPZ shares climbing?
Domino’s Pizza Q3 Earnings EstimatesAnalysts expect Domino’s Pizza to report third-quarter revenue of $1.18 billion, up from $1.15 billion in last year’s third quarter, according to data from Benzinga Pro.
The company has beaten analyst estimates for revenue in five of the last 10 quarters overall, including the most recently reported second quarter.
Analysts expect Domino’s Pizza to report third-quarter earnings per share of $4.37, up from $4.08 in last year’s third quarter.
The company has missed analyst estimates for earnings per share in three straight quarters and in five of the last 10 quarters overall.
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Domino’s Pizza Analyst RatingsAnalysts have been lowering their price targets on Domino’s Pizza ahead of the upcoming earnings. Here are some of the latest analyst ratings and price targets on Domino’s Pizza stock.
RBC Capital: Maintained Sector Perform rating, lowered price target from $350 to $325 JPMorgan: Maintained Overweight rating, lowered price target from $380 to $350 Guggenheim: Maintained Neutral rating, lowered price target from 440 to $325 Seaport Global: Initiated with Neutral rating, no price target Key Items to WatchAs shown above, revenue and earnings have been a mixed bag for the pizza chain, with analyst beats in five of the last 10 quarters for each of revenue and earnings per share.
In the second quarter, revenue was up 4.3% year-over-year, while earnings per share missed analyst estimates.
Among the areas for investors and analysts to watch will be sales by region. U.S. retail sales were up 1.9% year-over-year in the second quarter, with international sales up 4.1% year-over-year. With same-store sales for both regions essentially flat, the growth came from new stores.
In the second quarter, Domino’s opened 26 stores in the U.S. and 183 internationally. Investors will be closely monitoring how many new stores were opened and company guidance for new store opening going forward.
Domino’s also kicked off this month with new CEO Joe Jordan, who previously served as the company’s chief operating officer and president of Domino’s U.S. Investors could get a better idea on what Jordan’s focus areas will be moving forward.
Less important to investors, it’s worth noting that Domino’s Pizza may have been a battleground stock for former Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) CEO Warren Buffett and his successor Greg Abel. Domino’s was the 20th largest stock holding for the conglomerate in the fourth quarter of 2025, with the stake increased several times.
In the first quarter of 2026, the first with Abel as CEO, the position in Domino’s Pizza went to 0, with 3,350,000 shares sold.
Domino’s stock has underperformed the market since, making Abel’s sale look like the right move
Domino’s Stock Price ActionDomino’s stock is up 0.59% to $311.18 on Monday versus a 52-week trading range of $282 to $442.35. Domino’s stock is down 26.8% year-to-date in 2026.
SummaryI track an investable universe of 50 high-quality dividend growth stocks to identify attractive entry points based on valuation and future return potential.Applied Materials, D.R. Horton, and Home Depot saw notable ranking improvements due to upgraded EPS growth estimates and/or favorable valuation shifts.44 out of 50 stocks currently offer a forward return estimate of at least 10%, with 32 appearing potentially undervalued based on free cash flow mean reversion.My strategy emphasizes long-term total return, focusing on high-quality businesses with strong track records, reasonable valuations, and robust future return prospects.da-kuk/iStock via Getty Images
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Wall Street analysts forecast that Domino's Pizza (DPZ - Free Report) will report quarterly earnings of $4.33 per share in its upcoming release, pointing to a year-over-year increase of 6.1%. It is anticipated that revenues will amount to $1.17 billion, exhibiting an increase of 1.6% compared to the year-ago quarter.
Over the last 30 days, there has been an upward revision of 1.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Domino's Pizza metrics that are routinely monitored and predicted by Wall Street analysts.
It is projected by analysts that the 'Revenues- U.S. franchise advertising' will reach $132.10 million. The estimate suggests a change of +0.4% year over year.
The consensus estimate for 'Revenues- U.S. Company-owned stores' stands at $64.40 million. The estimate points to a change of -22.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenues- Supply chain' should arrive at $725.99 million. The estimate suggests a change of +4.2% year over year.
According to the collective judgment of analysts, 'Revenues- International franchise royalties and fees' should come in at $78.51 million. The estimate points to a change of -0.1% from the year-ago quarter.
Analysts forecast 'Store counts - Total U.S. Stores' to reach 7,263 . Compared to the current estimate, the company reported 7,090 in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Same store sales growth - U.S. stores' will likely reach 1.1%. The estimate compares to the year-ago value of 5.2%.
The consensus among analysts is that 'Store counts - Total' will reach 22,740 . Compared to the present estimate, the company reported 21,750 in the same quarter last year.
The collective assessment of analysts points to an estimated 'Store counts - International Stores' of 15,477 . Compared to the present estimate, the company reported 14,660 in the same quarter last year.
The average prediction of analysts places 'Store counts - U.S. Franchise Stores' at 7,075 . The estimate compares to the year-ago value of 6,830 .
Analysts expect 'Store counts - U.S. Company-owned Stores' to come in at 188 . Compared to the current estimate, the company reported 260 in the same quarter of the previous year.
Analysts' assessment points toward 'Store counts - Opened - International Stores' reaching 217 . Compared to the present estimate, the company reported 220 in the same quarter last year.
Analysts predict that the 'Store counts - Opened - Total U.S. stores' will reach 33 . The estimate compares to the year-ago value of 30 .
View all Key Company Metrics for Domino's Pizza here>>>
Shares of Domino's Pizza have experienced a change of -5.7% in the past month compared to the +1.4% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), DPZ is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Key Takeaways DPZ is expected to benefit from stronger order growth, value promotions and continued aggregator expansion.Best Deal Ever adds Stuffed Crust and a new pizza product to drive traffic and ordering occasions.Competitive pressure and macroeconomic uncertainty remain headwinds for international operations. Domino's Pizza, Inc. (DPZ - Free Report) is scheduled to report third-quarter fiscal 2026 results on Oct. 13, before the opening bell.
In the last reported quarter, the company reported a negative earnings surprise of 1%.
DPZ’s earnings topped the consensus mark in one of the trailing four quarters and missed on the remaining three occasions, the average surprise being negative 0.6%.
Trend in DPZ’s EstimatesThe Zacks Consensus Estimate for earnings is pegged at $4.33 per share, which implies 6.1% growth from the prior-year quarter. In the past seven days, estimates for earnings have declined.
The consensus mark for revenues is pegged at $1.17 billion, indicating growth of 1.6% from the year-ago level.
Factors Likely to Shape DPZ’s Fiscal Q3 ResultsRevenuesDomino’s third-quarter fiscal 2026 revenues are likely to have benefited from stronger order growth, value-focused promotions and continued expansion through aggregators. The company has adjusted its second-half marketing calendar, with the revised Best Deal Ever promotion adding Stuffed Crust and a new pizza product planned for the fiscal third quarter. These initiatives are expected to have supported customer traffic and create additional ordering occasions.
The company also expects the ticket headwind from the prior-year Stuffed Crust promotion to ease in the third quarter. The lower impact from the prior-year promotional mix is likely to support a better balance between order growth and ticket.
For the fiscal third quarter, our model predicts comps at the U.S. company-owned and franchise stores to grow 3.4% and 5.3%, respectively, year over year. Also, we expect international comps to decrease 0.1% year over year.
However, competitive pressure and a challenging macroeconomic environment are likely to have remained headwinds. The company expects competitive pressures to continue, while macroeconomic and geopolitical uncertainty might have weighed on international operations.
Our model predicts total U.S. store revenues to decline 8.4% from the year-ago levels to $340.2 million. The decline is likely to have reflected the impact of refranchising, while underlying demand is expected to have benefited from order growth, value-focused promotions and continued expansion of the aggregator channel. The company’s focus on driving order counts and adding new stores also supports the underlying U.S. business.
Per our model, supply-chain revenues are likely to rise 6.2% from the prior-year actuals to $740.1 million. International Franchise Royalties and Fees are expected to increase 2.9% year over year to $80.9 million.
Margins & EarningsDomino’s fiscal third-quarter earnings are likely to have benefited from higher order counts and continued growth in the aggregator channel. The company has also been focused on maintaining profitable growth in the aggregator business, with pricing designed to protect franchisee profitability. The improved ticket mix in the fiscal third quarter is likely to have provided additional support to profitability.
Our model forecasts fiscal third-quarter EBITDA and operating margins to expand 50 basis points and 30 basis points, respectively, to 21.7% and 19.8%.
What the Zacks Model UnveilsOur proven model predicts an earnings beat for Domino's this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is exactly the case here.
DPZ’s Earnings ESP: Domino's has an Earnings ESP of +0.19%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Domino's Zacks Rank: The company carries a Zacks Rank #3 at present.
Other Stocks to ConsiderIn the to-be-reported quarter, CAKE’s earnings are expected to rise 30.9% year over year. CAKE’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.1%.
Shake Shack Inc. (SHAK - Free Report) has an Earnings ESP of +9.80% and a Zacks Rank of 2 at present.
In the to-be-reported quarter, SHAK’s earnings are expected to register an 11.1% year-over-year decline. SHAK’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, with an average negative surprise of 10.6%.
Starbucks Corporation (SBUX - Free Report) has an Earnings ESP of +2.43% and a Zacks Rank of 3 at present.
In the to-be-reported quarter, Starbucks’ earnings are expected to register a 38.5% year-over-year increase. Starbucks’ earnings surpassed estimates in two of the trailing four quarters and missed twice, with the average surprise being 8.4%.
Two fast-food franchisors share nearly identical business models, yet one has quietly crushed the other on dividend growth while losing badly on share price stability. Picking the wrong one for retirement could cost you years of income.
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Between Yum Brands (NYSE:YUM | YUM Price Prediction) and Domino’s Pizza (NASDAQ:DPZ), which one better fits a retirement-focused income investor’s goals? Both pay a quarterly dividend that has gone up over time. Both run asset-light franchise models. Both have spent so heavily on buybacks that shareholders’ equity is negative. Where they split is yield, the rate of dividend increases, and how much the share price has tested investors’ patience.
Typically, a franchisor makes its money by collecting royalties and fees from independent operators, and those operators pay for most restaurant buildouts. Capital spending remains low, so a large share of revenue turns into cash. In 2025 Yum spent $371 million on capital projects against $2.01 billion of operating cash flow. Domino’s spent $120.6 million against $792.1 million. That surplus cash is what pays for the dividends.
Income: Domino’s Pays More and Raises Faster At $303.70, Domino’s $7.96 annualized forward dividend yields about 2.6%. Yum’s $3 forward payout on a $139.34 share price yields about 2.2%.
Domino’s also increases its dividend faster. The most recent raise was 15%, bringing the quarterly payout to $1.99 from $1.74. Yum’s latest raise was 6%, to $0.75 from $0.71. Since 2017, Domino’s quarterly payout has grown from $0.46 at a compound annual rate of about 17.7%. Yum’s grew from $0.30 at about 10.7%. Domino’s has increases its dividend every year from 2013 through 2026.
Domino’s also covers its dividend more easily. In 2025 it generated $671.5 million of free cash flow and paid out $236.9 million in dividends, roughly 35%. Yum’s $789 million in dividends used about 48% of its free cash flow (operating cash flow minus capital spending). Winner: Domino’s.
Growth Trajectory: Taco Bell Gives Yum the Edge Taco Bell same-store sales rose 7% in Yum’s second quarter, and the segment’s operating profit climbed 19% to $311 million. KFC opened 660 new restaurants. Total revenue rose 12.3% to $2.17 billion, and adjusted EPS of $1.62 came in above the $1.56 estimate. Yum is selling Pizza Hut in a deal expected to close in Q3 2026.
Domino’s growth has stalled. U.S. same-store sales rose just 0.1%, compared with 3.4% a year earlier. International same-store sales slipped 0.1% excluding currency effects. EPS of $4.07 missed expectations of $4.17. Winner: Yum.
Risk: Yum Has Been the Smoother Ride Yum’s beta is 0.546, compared with 0.951 for Domino’s, so Yum’s shares have moved less with the broader market. Domino’s shares are down 27.28% over the past year and 32.22% over five years. Yum is down 5.72% over one year and up 23.94% over five. Both carry heavy debt.
Domino’s has a stockholders’ deficit of about $3.98 billion and $4.77 billion in securitized notes. Yum has negative equity of about $7.1 billion, plus exposure to China and a July 2026 cyclospora outbreak at Taco Bell. Winner: Yum.
Verdict: Domino’s Is the Better Dividend Stock Yum wins two of the three categories, but a dividend stock should be judged on its dividend, and Domino’s wins that one clearly. It offers a higher yield, increases faster, and uses a smaller share of its cash to pay shareholders. It also trades at a forward P/E of 14, compared with 20 for Yum. The selloff is what drove the yield this high, and the board added another $1.0 billion in buyback authority in April.
Yum suits retirees who rank a steady share price above income growth. For retirees who want the biggest and fastest-growing dividend checks, Domino’s offers the stronger dividend profile (the idea of living on the checks without ever selling a share is the whole premise of our free dividend ladder guide: here). The key thing to watch is U.S. same-store sales: if they remains flat, future dividend increases could get smaller.
Contact [email protected] for any questions or corrections.
Dividend payments are portions of a company's profits distributed to shareholders, usually in cash on a quarterly or monthly basis. A dividend that's merely growing year-by-year is nice, but a dividend that's doubled since 2019 tells you something more specific: The business has been generating enough extra cash, year after year, to meaningfully raise what it hands back to shareholders, not just nudge it higher to keep a streak alive.
The five consumer companies featured below have all cleared that bar, and each is doing something worth paying attention to right now.
Image source: Getty Images.
1. Williams-Sonoma Williams-Sonoma (WSM +1.49%) has grown its dividend from $0.94 per share in 2019 to roughly $3.04 today, up 225%, according to MarketBeat data. The home goods retailer just raised its full-year guidance again, and management credited part of that to Olive and Otto, its AI shopping assistants, which it says have driven a 700% jump in customer engagement and a 620% jump in related revenue.
That's a rare case of AI tools showing up in a retailer's own numbers rather than just its investor presentations.
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2. Domino's Pizza Domino's Pizza (DPZ +1.88%) has more than tripled its dividend since 2019, from $2.60 to roughly $7.96 per share. Its loyalty program, Domino's Rewards, had grown to 37.3 million active users by the end of last year, up nearly 20% since its 2023 relaunch, according to Restaurant Dive. The company is also leaning heavily on carryout orders, which have grown about 10% annually since 2010.
It's important to flag that Berkshire Hathaway sold all its Domino's stock after Greg Abel took over as CEO. Domino's is struggling with slower sales, which have been blamed on inflation and stronger competition. However, the company is still growing its store count, generating strong cash flow, and increasing its dividend.
3. TJX Companies TJX Companies (TJX +1.95%), the parent of T.J. Maxx and Marshalls, has grown its dividend 146% since 2019 while posting 34 consecutive years of comparable sales growth, a streak spanning multiple recessions. The off-price retailer just raised its full-year profit forecast and laid out plans to grow toward 7,500 stores globally. Off-price retail tends to pick up business precisely when shoppers get more price-conscious, which is a useful trait headed into any stretch of economic uncertainty.
Last week, GDP numbers said the U.S. economy grew at a revised 2.2% annualized rate in the second quarter of 2026, up from the previous 1.5% estimate, as stronger-than-expected consumer spending and AI-related business investment lifted growth, per Reuters. But with gasoline prices rising and consumer confidence slipping, more financially strained shoppers may turn to value-focused retailers, which are TJX-owned stores.
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4. Lowe's Companies Lowe's (LOW +2.32%) has grown its dividend 143% since 2019. The home improvement retail chain recently completed two sizable acquisitions: Foundation Building Materials for $8.8 billion and Artisan Design Group for $1.325 billion. Both purchases were aimed at capturing more of the roughly $250 billion professional contractor market under what it calls its Total Home strategy. Buying its way into the professional market rather than just courting do-it-yourself shoppers seems like a meaningful way to keep fueling this dividend.
5. Costco Wholesale Costco Wholesale (COST +1.32%) has grown its regular dividend 126% since 2019, from $2.60 to $5.88 per share, and that's before counting the special dividends, including $15 per share in 2023, it has paid on top of the regular payout. Costco just posted its fifth consecutive quarterly earnings beat, and its U.S. and Canada membership renewal rate climbed to 92.3%, meaning more than 9 in 10 members who could drop it have chosen to keep paying for their membership.
That said, Costco's underlying sales growth has slowed for three straight months, with adjusted comparable sales falling from 8% in May to 5.4% in August. September's sales report on Oct. 7 will be important because a rebound toward 7% could signal that the slowdown is leveling off, while another weak result could raise concerns about demand.
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Why October? Why buy in October specifically, though, and not just "someday?" Part of it is timing. October sits right before the stretch of the year when many of these businesses actually make their money; the run-up to the holidays, when people remodel a kitchen before hosting family, order pizza for a weekend of football, or make one more Costco run before the busy season hits. Buying into that cycle a few months early, rather than chasing it in December once the headlines catch up, is how I'd rather position a dividend portfolio.
The other part is simpler: October is also when a handful of these companies report earnings, which means the next few weeks will either confirm the trends I just laid out or complicate them. I'd rather own the stock going into that news than read about it afterward and wonder if I missed the entry point.
Wall Street expects a year-over-year increase in earnings on higher revenues when Domino's Pizza (DPZ - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 13. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis pizza chain is expected to post quarterly earnings of $4.33 per share in its upcoming report, which represents a year-over-year change of +6.1%.
Revenues are expected to be $1.17 billion, up 1.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.17% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Domino's Pizza?For Domino's Pizza, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.19%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Domino's Pizza will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Domino's Pizza would post earnings of $4.11 per share when it actually produced earnings of $4.07, delivering a surprise of -0.97%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Domino's Pizza appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Ferguson Wellman Capital Management Inc. lessened its position in shares of Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 8.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 75,259 shares of the restaurant operator’s stock after selling 6,946 shares during the period. Ferguson Wellman Capital Management Inc. owned about 0.23% of Domino’s Pizza worth $22,548,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of DPZ. Berkshire Hathaway Inc increased its holdings in Domino’s Pizza by 12.3% in the fourth quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator’s stock valued at $1,396,347,000 after buying an additional 368,055 shares during the last quarter. Soroban Capital Partners LP acquired a new position in shares of Domino’s Pizza during the 1st quarter worth about $895,251,000. T. Rowe Price Investment Management Inc. boosted its position in shares of Domino’s Pizza by 0.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,008,278 shares of the restaurant operator’s stock worth $837,091,000 after acquiring an additional 7,497 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Domino’s Pizza in the 2nd quarter valued at about $715,704,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Domino’s Pizza by 247.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 527,246 shares of the restaurant operator’s stock valued at $189,171,000 after acquiring an additional 375,709 shares during the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.
Domino’s Pizza Stock Performance NASDAQ:DPZ traded down $0.01 during mid-day trading on Monday, reaching $297.60. The stock had a trading volume of 234,055 shares, compared to its average volume of 908,271. The firm has a market capitalization of $9.84 billion, a price-to-earnings ratio of 16.88, a PEG ratio of 1.37 and a beta of 0.94. Domino’s Pizza Inc has a twelve month low of $282.00 and a twelve month high of $442.35. The business has a 50 day simple moving average of $331.21 and a 200 day simple moving average of $330.89.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.17 by ($0.10). The business had revenue of $1.19 billion for the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $3.81 EPS. As a group, sell-side analysts expect that Domino’s Pizza Inc will post 18.95 earnings per share for the current year. Domino’s Pizza Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $1.99 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $7.96 annualized dividend and a yield of 2.7%. Domino’s Pizza’s dividend payout ratio is presently 45.15%.
Insider Buying and Selling at Domino’s Pizza In other news, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the transaction, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $3,011,718.08. This represents a 57.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of the stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the transaction, the chief executive officer owned 43,829 shares of the company’s stock, valued at $14,499,948.07. This represents a 19.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 23,767 shares of company stock valued at $7,737,107 in the last quarter. 0.89% of the stock is currently owned by company insiders.
Analyst Ratings Changes DPZ has been the subject of a number of research analyst reports. Robert W. Baird reaffirmed a “neutral” rating and issued a $350.00 price target on shares of Domino’s Pizza in a report on Monday, August 24th. Loop Capital reissued a “hold” rating and set a $353.00 price objective on shares of Domino’s Pizza in a report on Monday, August 10th. Evercore reaffirmed an “outperform” rating on shares of Domino’s Pizza in a research report on Thursday, July 9th. BTIG Research reissued a “buy” rating and set a $425.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Finally, Seaport Research Partners assumed coverage on shares of Domino’s Pizza in a research note on Wednesday, September 16th. They issued a “neutral” rating on the stock. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $392.58.
View Our Latest Stock Analysis on Domino’s Pizza
Domino’s Pizza Profile (Free Report)
Domino’s Pizza, Inc is a global quick-service restaurant company specializing in pizza delivery and carryout. Its menu includes a variety of pizzas, sides, desserts and beverages, with orders placed through digital platforms, phone ordering and participating stores.
Founded in 1960 in Ypsilanti, Michigan, Domino’s began as a small pizza business and adopted its current name in 1965. The company has expanded through a primarily franchise-based model, supported by company-owned stores and an integrated supply chain that provides food and other products to many participating locations.
Domino’s serves customers in the United States and international markets across North America, Europe, Asia-Pacific, the Middle East, Africa and other regions.
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Customers can enjoy half off pizzas from Oct. 5-11, whether they order online, via Domino's app, over the phone or in-store
, /PRNewswire/ -- Domino's Pizza Inc. (Nasdaq: DPZ) is making it easier than ever for customers to enjoy their favorite pizzas, just in time for National Pizza Month. From Oct. 5-11, Domino's customers can receive 50% off all menu-priced pizzas ordered through any channel, including carryout and delivery.
From a classic Hand Tossed pepperoni pizza to any Stuffed Crust or specialty pie, customers can enjoy whatever pizza they're craving for half the menu price. This marks the first time customers can enjoy the Domino – the brand's new Detroit-style pizza made for one – at half off.
"There's no better time to enjoy your favorite Domino's pizza than during our 50% off week," said Kate Trumbull, Domino's executive vice president and chief marketing officer. "Whether you're feeding the family, watching football with friends, planning a game night or simply treating yourself, we're making it easier to enjoy the pizzas you love for less. And with the Domino included in this offer, customers can take advantage of a truly fantastic deal on one of our most premium pizzas."
With more than 34 million ways to make a single pizza, Domino's offers something for every craving, including:
The Domino, which is handmade with premium, buttery-flavored pan dough encrusted with real Parmesan cheese and baked in a rectangular pan to create a crispy Parmesan Detroit-style crust. Stuffed Crust, Hand Tossed, Handmade Pan, New York Style, Thin Crust and Gluten Free crust options Specialty Pizzas like Wisconsin 6 Cheese, Pacific Veggie, ExtravaganZZa and MeatZZa Endless topping combinations for customers who prefer to build their own pizza Customers can take advantage of the offer by ordering through any Domino's ordering channel, including:
Domino's website Domino's mobile app In-store By phone For more information or to place an order, visit dominos.com or download the Domino's app.
Did You Know?
In 1987, U.S. Congress officially designated October as National Pizza Month. Pepperoni is the most popular Domino's pizza topping in the U.S., followed by sausage, bacon, pineapple and ham. Domino's World's Fastest Pizza Maker Richard Delcid can make three large pizzas in just 31.22 seconds! Domino's stores across the globe sell an average of 4 million pizzas a day. About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,500 stores in over 90 markets. Domino's had global retail sales of over $20.6 billion in the trailing four quarters ended June 14, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the second quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
A high yield on a restaurant stock can mean a bargain or a trap, and the difference comes down to numbers most investors never check before buying.
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Restaurant chains have spent 2026 finding out that weak traffic eventually hits the dividend. Wendy’s (NASDAQ:WEN | WEN Price Prediction) shares have fallen 65.14% over five years, and its board has cut the quarterly payout twice since early 2025. A high yield only matters if the company can keep paying it. Three well-known restaurant names show how fast that ability can wear down, and how to tell real stress from a stock that has simply fallen out of favor.
How a Falling Stock Makes a Yield Look Better Dividend yield is the annual payout divided by the stock’s price. If the price falls and the payout remains the same, the yield goes up on its own, even though shareholders get nothing extra. A struggling company can end up looking generous. A dividend becomes unsustainable when earnings, free cash flow or the company’s financial position can no longer comfortably pay for it. Check all three before you trust any yield.
Wendy’s (WEN): Two Cuts and a Turnaround Plan Still to Come Wendy’s now pays $0.07 per quarter, or $0.28 a year. At a share price of $6.12, that works out to a yield of about 4.58%. That is a high yield from a brand everyone knows. Be careful with stock screens that use the past 12 months of payments ($0.49). They show a bigger number than a new buyer will actually collect.
Here, the warning signs turned out to be real. The quarterly dividend went from $0.25 to $0.14 in 2025, then to $0.07 when the company reported results on Aug. 7, 2026. In the second quarter, U.S. same-restaurant sales fell 7% as traffic dropped 12.5%. Net income fell 40.8%, and management withdrew its full-year guidance. On the earnings call, CEO Bob Wright said: “Traffic is down, our value proposition has slipped, and franchisee economics are under pressure.” Net debt is 5.0 times earnings before interest, taxes, depreciation and amortization (EBITDA). The company also needs to refinance about $430 million of debt due in March 2028.
There is a case for the smaller payout. It equals about 42% of trailing diluted earnings per share (EPS) of $0.66, and first-half free cash flow rose to $120.3 million. Still, the chief financial officer said the new rate runs “slightly above” the company’s usual payout of 50% to 60% of adjusted net income. Things to watch: traffic, and the turnaround plan due with the next quarterly report.
Dine Brands Global (DIN): Profits No Longer Cover the Dividend Dine Brands Global (NYSE:DIN), which has Applebee’s and IHOP, pays $0.19 a quarter, or $0.76 a year. At $29.95, that is a yield of about 2.54%. The low yield is itself the warning. The payout was $0.51 until the company cut it, starting with the December 2025 payment. That was a 62.7% reduction. The stock is down 57.33% over five years.
Even after the cut, the dividend is hard to cover. It equals about 123% of trailing GAAP EPS of $0.62, meaning the company pays out more than it makes. Second-quarter net income fell to $4.3 million from $13.8 million. Adjusted free cash flow for the first half was just $3.7 million, compared with $48.7 million a year earlier. Capital spending rose to $23.2 million from $9.3 million. Shareholders’ equity is negative $292 million. Net interest costs rose to $22.0 million, and cash fell 49.8% to $97.5 million. On top of that, the board approved a new $100 million buyback, which competes with the dividend for very little spare cash.
Adjusted EPS was $1.16 in the second quarter, and management expects remodel spending to “ease as the program advances.” For coverage to recover, Applebee’s same-restaurant sales (down 1.8%) need to turn positive, and the company-owned restaurants need to reach break-even.
Domino’s Pizza (DPZ): A Fallen Stock With a Dividend That Still Holds Up Domino’s Pizza (NASDAQ:DPZ) pays $1.99 a quarter, or $7.96 a year. At $297.62, that is a yield of about 2.67%. The stock is down 29.48% over the past year, which drove the yield up. That makes it a useful test case: trap, or a strong company that investors have soured on?
The numbers say the dividend looks sound. It equals about 45% of trailing EPS of $17.65. In 2025, free cash flow came to $671.5 million, which covered $236.9 million in dividends about 2.8 times. The quarterly payout has gone up every year, from $1.21 in 2023 to $1.99 now.
The risks are real but further down the road. Second-quarter U.S. same-store sales rose just 0.1%, and EPS of $4.07 missed expectations of $4.17. Shareholders’ equity is negative $3.98 billion, with $4.77 billion in securitized notes (debt backed by the company’s franchise fees). Domino’s also spent $156.2 million on buybacks in the second quarter, so it has room to scale those back before the dividend comes into question. The thing to watch is whether flat sales growth holds up long enough to strain the debt.
How to Tell a Yield Opportunity From a Yield Warning A dividend cut usually pulls the stock down too, so a high yield is never a reason to buy on its own. A yield that signals opportunity is covered by earnings and free cash flow with room to spare, on a stock that fell because sentiment turned while the business remains healthy. A yield that signals stress comes with a payout above earnings, cash used up by capital spending or buybacks, and debt rising while traffic falls (we counted seven of these warning signs and put all of them in a free report: Dividend Traps).
Contact [email protected] for any questions or corrections.
McDonald's is handing income investors bigger checks each year while Domino's holds its payout flat, and the reason behind that gap reveals which pizza-and-burger giant faces a trickier road ahead.
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Domino’s Pizza (NASDAQ:DPZ | DPZ Price Prediction) and McDonald’s (NYSE:MCD) reported second-quarter results this summer. Their dividends now move at different speeds. McDonald’s raised its payout again. Domino’s has held its payout flat since its February increase. Income investors are inspecting the yields.
Pizza Orders Climbed While Burger Traffic Slipped Domino’s U.S. same-store sales grew just 0.1%, compared with 3.4% a year ago. Order counts rose in both delivery and carryout, but the lower average check caused the slowdown. CFO Sandeep Reddy blamed a Premium Series that underperformed and promised, “We had a one-quarter blip on ticket. We’re not going to have another blip.”
McDonald’s grew global comparable sales 1.3%. Every segment posted positive comps, but U.S. restaurant traffic fell and sales declined in China and France. CEO Chris Kempczinski named Skye Anderson president of McDonald’s USA to “bring focus and urgency” to its biggest market.
Dividend Lens Domino’s McDonald’s Quarterly Payout $1.99, flat $1.93, up from $1.86 Forward Yield About 2.67% About 3.12% 2025 Free Cash Flow $671.5M $7.186B Cash Engine Supply chain plus royalties Rent plus royalties Domino’s Flat Year Matches Its Usual Pattern Domino’s raised its quarterly dividend from $0.20 in 2013 to $1.99 in 2026, raising once yearly then holding flat. On the balance sheet, stockholders’ equity is at negative $3.98B due to debt and buybacks, and cash fell 39.6% to $164.8M. Supply chain revenue of $731.7M provides regular cash as franchisees buy dough weekly.
McDonald’s makes rent as a landlord, a recurring income stream. It paid about $1.3B in dividends in the second quarter alone, while it also funds $3.7 to $3.9B in capital spending. One risk: management expects interest expense to rise 4% to 6% this year.
February Will Show Whether Domino’s Is Pausing or Stalling Domino’s announced its last increase in February 2026. A skipped increase next February combined with lower average checks and cash-draining buybacks would signal a real problem. Management cut its U.S. store-opening outlook to about 175 as franchisees make less. At McDonald’s, watch whether U.S. traffic recovers under its new president.
Regular Rent Versus Faster Dividend Growth McDonald’s offers regular, more predictable income. Its yield is higher, raises come yearly, and rent supports them. The tradeoff is slower dividend growth.
Domino’s offers faster dividend growth alongside more debt. Its payout rose from $0.20 in 2013 to $1.99 in 2026. A ticket recovery would strengthen the case. Another lower quarter followed by a skipped increase would change the outlook.
Contact [email protected] for any questions or corrections.
Participating stores may deliver free pizza to customers with properly functioning smoke alarms
, /PRNewswire/ -- Domino's Pizza Inc. (Nasdaq: DPZ), the largest pizza company in the world, and the National Fire Protection Association (NFPA) are joining forces to deliver fire safety messages to homes across the country.
This is the 19th year Domino's and the National Fire Protection Association are joining forces to deliver fire safety messages across the country! During Fire Prevention Week (Oct. 4-10), customers who order from participating franchise-owned and corporate Domino's stores throughout the U.S. may be surprised when their delivery arrives accompanied by a fire engine. If the smoke alarms in the home are working, the pizza is free. If the smoke alarms are not working, the firefighters will replace the batteries or install fully functioning alarms.
"Fire safety is an important message, and for 19 years, Domino's stores have found a unique way to help bring it home," said Maureen Pittenger, Domino's executive vice president – chief human resources officer. "We're proud to continue working with the NFPA and local fire departments to remind families that something as simple as working smoke alarms can make a meaningful difference."
In addition, participating Domino's stores across the U.S. will also bring this year's campaign theme, "Charge into Fire Safety™: Safe Charging Is a Superpower," directly to customers with flyers that highlight simple, important tips for charging and reducing the risk of lithium-ion battery fires, keeping homes and communities safer.
"Fire continues to present real risks to the public, particularly at home, where the majority of U.S. home fire deaths happen," said Lorraine Carli, NFPA's vice president of outreach and advocacy. "As newer technologies like smartphones, laptops, and other devices powered by lithium-ion batteries are used more widely in our homes, the potential risks they present reinforce the critical importance of working smoke alarms, which give people the time needed to escape safely – whatever the cause of the fire may be."
Lithium-Ion Battery Safety Tips from NFPA
Lithium-ion batteries carry potential fire risks, making working smoke alarms as important as ever. NFPA offers these tips and guidelines to help ensure that all homes have the needed protection:
INSTALL: Install smoke alarms on each level of the home (including the basement), in every bedroom, and outside each separate sleeping area (like a hallway). TEST: Test smoke alarms monthly by pushing the test button. REPLACE: Replace smoke alarms when they are 10 years old or are no longer working properly. About the National Fire Protection Association (NFPA)
Founded in 1896, NFPA is a global, nonprofit organization devoted to eliminating death, injury, property and economic loss due to fire, electrical and related hazards. The association delivers information and knowledge through more than 300 consensus codes and standards, research, training, education, outreach and advocacy; and by partnering with others who share an interest in furthering the NFPA mission. For more information, visit www.nfpa.org. All NFPA codes and standards can be viewed online for free at www.nfpa.org/freeaccess.
About Fire Prevention Week
NFPA has been the official sponsor of Fire Prevention Week since 1922. According to the National Archives and Records Administration's Library Information Center, Fire Prevention Week is the longest running public health and safety observance on record. The President of the United States has signed a proclamation proclaiming a national observance during that week every year since 1925. Visit www.firepreventionweek.org for more safety information.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,500 stores in over 90 markets. Domino's had global retail sales of over $20.6 billion in the trailing four quarters ended June 14, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the second quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
Domino’s Pizza, Inc. (NASDAQ:DPZ) will release its third quarter earnings report before the opening bell on Tuesday, Oct. 13.
Analysts expect the Ann Arbor, Michigan-based company to report quarterly earnings of $4.40 per share, up from $4.08 per share in the year-ago period. The consensus estimate for DPZ’s quarterly revenue is $1.17 billion. It reported $1.15 billion last year, according to Benzinga Pro.
On July 20, Domino’s Pizza reported second-quarter revenue that topped Wall Street estimates, although earnings per share missed expectations.
Shares of Domino’s gained 0.1% to close at $292.27 on Monday.
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.
Guggenheim analyst Gregory Francfort maintained a Neutral rating and cut the price target from $440 to $325 on Sept. 23, 2026. This analyst has an accuracy rate of 59%. Seaport Global analyst Eric Gonzalez initiated coverage on the stock with a Neutral rating on Sept. 16, 2026. This analyst has an accuracy rate of 66%. UBS analyst Dennis Geiger maintained a Buy rating and raised the price target from $375 to $385 on Sept. 2, 2026. This analyst has an accuracy rate of 53%. Baird analyst Chris O’Cull downgraded the stock from Outperform to Neutral with a price target of $350 on Aug. 24, 2026. This analyst has an accuracy rate of 65%. Oppenheimer analyst Brian Bittner maintained an Outperform rating and cut the price target from $465 to $415 on July 21, 2026. This analyst has an accuracy rate of 63%. Considering buying DPZ stock? Here’s what analysts think:
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Domino's Pizza (NASDAQ:DPZ | DPZ Price Prediction) stock has slid sharply in 2026, falling several times as far as either the consumer discretionary sector or the broad market has moved.
Greg Abel has the unenviable task of succeeding legendary investor Warren Buffett as CEO of Berkshire Hathaway (BRKA -1.75%) (BRKB -1.67%). Still, it's only natural that Abel will put his own stamp on the company he leads.
That includes making changes to the portfolio. Since becoming CEO at the start of the year, company filings show that Abel has whittled down Berkshire Hathaway's equity portfolio. He's also added and subtracted positions. This includes selling Domino's Pizza (DPZ -0.31%) shares this year.
However, here's why investors shouldn't follow Berkshire Hathaway's lead on this stock. In fact, it's a good time to buy shares.
Image source: Getty Images.
Berkshire Hathaway's previous holding Before examining Domino's Pizza, it's instructive to see when Berkshire Hathaway built its position. The firm bought Domino's Pizza shares during the third quarter of 2024. During that period, it purchased nearly 1.3 million shares, valued at nearly $550 million as of Sept. 30, 2024.
Showing confidence in the company, Berkshire Hathaway bought more shares over time. At the end of 2025, the company owned over 3.3 million shares, which were worth nearly $1.4 billion. However, Abel acted decisively early in his tenure as CEO. Under Abel's stewardship, Berkshire Hathaway sold all of its Domino's Pizza shares during the first quarter.
Long-term fundamentals remain intact Still, the company's fundamentals suggest Berkshire Hathaway made the wrong decision. Domino's, the largest pizza company in the world, believes in providing quality food at reasonable prices. Its delivery and takeout business seeks to offer customers convenience.
That business philosophy led to a successful long-term track record. However, the company's recent sales have been tepid. But with consumers' wallets squeezed by higher prices for basic items like gas, it's not surprising that they've cut back on eating out. Domino's second-quarter same-store sales (comps) at its U.S. locations grew a scant 0.1%. And they fell 0.1% at international restaurants.
Investors can take comfort in Domino's growing market share, which will put the company in a stronger competitive position when economic conditions ease. For instance, the company expanded its share of the quick-service pizza market from 22.5% in 2024 to 23.3% last year.
Although founded in 1960 and already the world's largest pizza company, management still sees expansion opportunities. Over the last four quarters, Domino's added 995 restaurants, including 209 in the second quarter. Most of these have been outside the U.S., with 825 new international locations over the last year. It ended the period with 22,531 worldwide restaurants.
Domino's franchise model (99% of restaurants) means it can expand without expending a lot of capital. Franchisees make initial investments to build restaurants. They also pay an up-front fee and an ongoing royalty to Domino's.
Today's Change
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Current Price
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300.37
Stock valuation presents a buying opportunity Investors haven't been pleased with recent results. They've sent the share price down 25.2% through Sept. 11 this year. Meanwhile, the S&P 500 gained 11.9%.
However, this has created a better valuation that long-term investors should view as a buying opportunity. Since the start of the year, the stock's price-to-earnings (P/E) ratio has dropped from 24 to 18. The shares trade at a much lower multiple than the S&P 500's P/E ratio of 26. Domino's stock also looks attractive compared to its historical valuation. The shares have a 10-year median P/E ratio of 31.
Granted, it's not easy to go against the market and, given its investment track record, Berkshire Hathaway. But with Domino's gaining market share during a challenging period, an expansion opportunity ahead, and an attractive valuation, long-term investors should view the stock as a major buying opportunity.
Amundi lessened its stake in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 60.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,936 shares of the restaurant operator’s stock after selling 77,999 shares during the quarter. Amundi owned approximately 0.15% of Domino’s Pizza worth $15,079,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Andina Capital Management LLC lifted its holdings in Domino’s Pizza by 3.1% during the fourth quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock worth $457,000 after acquiring an additional 33 shares during the period. Diversify Advisory Services LLC boosted its holdings in shares of Domino’s Pizza by 5.1% in the 3rd quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock worth $275,000 after buying an additional 33 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after buying an additional 34 shares during the period. Unified Investment Management grew its position in Domino’s Pizza by 5.5% during the fourth quarter. Unified Investment Management now owns 745 shares of the restaurant operator’s stock valued at $311,000 after buying an additional 39 shares during the period. Finally, Principal Securities Inc. grew its position in shares of Domino’s Pizza by 4.2% during the 4th quarter. Principal Securities Inc. now owns 1,078 shares of the restaurant operator’s stock valued at $449,000 after acquiring an additional 43 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.
Analysts Set New Price Targets DPZ has been the subject of several recent research reports. Sanford C. Bernstein reiterated a “market perform” rating on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Oppenheimer cut their target price on Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. JPMorgan Chase & Co. reduced their target price on Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Loop Capital reaffirmed a “hold” rating and set a $353.00 target price on shares of Domino’s Pizza in a report on Monday, August 10th. Finally, Citigroup decreased their price target on Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 7th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $398.06.
View Our Latest Stock Analysis on Domino’s Pizza Domino’s Pizza Trading Down 1.8% DPZ opened at $311.60 on Friday. The stock has a 50-day moving average price of $336.15 and a 200-day moving average price of $342.28. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $458.27. The stock has a market capitalization of $10.31 billion, a P/E ratio of 17.67, a PEG ratio of 1.46 and a beta of 0.94.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last announced its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). The firm had revenue of $1.19 billion for the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.81 EPS. On average, equities research analysts predict that Domino’s Pizza Inc will post 18.88 EPS for the current year.
Domino’s Pizza Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.15%.
Insider Buying and Selling In related news, EVP Kelly Garcia sold 12,430 shares of the stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the transaction, the executive vice president owned 9,352 shares of the company’s stock, valued at approximately $3,011,718.08. This trade represents a 57.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Russell Weiner sold 10,850 shares of Domino’s Pizza stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the transaction, the chief executive officer owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 23,767 shares of company stock worth $7,737,107 over the last quarter. Company insiders own 0.89% of the company’s stock.
About Domino’s Pizza (Free Report)
Domino’s Pizza, Inc is a global restaurant company that operates and franchises stores under the Domino’s brand. Its core business centers on the preparation and delivery of made-to-order pizzas, with carryout and digital ordering also playing important roles in its customer service model.
The company’s menu includes a variety of pizzas, crusts and toppings, along with side dishes, chicken, sandwiches, desserts and beverages. Domino’s also operates a supply chain business that produces and distributes food, equipment and other products to company-owned and franchised stores, supporting consistency across its restaurant network.
Founded in 1960 in Ypsilanti, Michigan, Domino’s was initially known as Dominick’s before adopting its current name in 1965.
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ANN ARBOR, Mich., Sept. 10, 2026 /PRNewswire/ -- Domino's Pizza, Inc. (Nasdaq: DPZ) announces the following event: What: Domino's Third Quarter 2026 Earnings Webcast When: Tuesday, October 13 at 8:30 a.m.
Several Domino’s Pizza stores have abruptly closed their doors in the wake of a major franchisee’s apparent financial struggles.
The restaurants, located in Ohio, are owned by longtime franchisee Anthony Satterwhite, according to Domino’s most recent franchise disclosure document. They appear to be mostly operated under the name Mile High Pizza Company LLC.
Reached for comment by Fast Company, Domino’s confirmed that 13 stores have shuttered in northern Ohio and said the pizza chain working on a plan to reopen them.
“This is an isolated franchisee matter and is not reflective of the overall strength or performance of the Domino’s brand,” spokesperson Dani Bulger said in an email. “We are actively working to transition these stores to new ownership so that customers in the affected communities can enjoy the quality products and service they expect from Domino’s.”
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As of early Thursday, the stores were marked permanently closed on Google and have been removed from the pizza chain’s online store locator tool.
Mile High Pizza Company did not respond to multiple requests for comment. Satterwhite’s mailbox was full when Fast Company attempted to contact him by phone.
News of the closures had been circulating in local Facebook circles in and around Mansfield, Ohio, for several days, with some employees posting publicly about the unfortunate development.
Hsbc Holdings PLC boosted its stake in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 20.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 70,968 shares of the restaurant operator’s stock after acquiring an additional 11,829 shares during the period. Hsbc Holdings PLC owned 0.21% of Domino’s Pizza worth $21,004,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. SHP Wealth Management purchased a new position in shares of Domino’s Pizza in the 4th quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 34 shares during the last quarter. Johnson Financial Group Inc. lifted its holdings in shares of Domino’s Pizza by 200.0% during the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares during the period. MBM Wealth Consultants LLC purchased a new position in Domino’s Pizza in the 1st quarter valued at $31,000. Finally, Rakuten Securities Inc. acquired a new position in Domino’s Pizza in the 2nd quarter valued at $28,000. 94.63% of the stock is owned by hedge funds and other institutional investors.
Domino’s Pizza Trading Down 1.7% Shares of DPZ opened at $335.41 on Wednesday. The stock has a market cap of $11.10 billion, a P/E ratio of 19.02, a PEG ratio of 1.57 and a beta of 0.94. The company has a 50-day moving average of $335.69 and a two-hundred day moving average of $343.41. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $464.23.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The business had revenue of $1.19 billion during the quarter. During the same quarter in the previous year, the company earned $3.81 EPS. Domino’s Pizza’s revenue was up 4.3% on a year-over-year basis. As a group, analysts forecast that Domino’s Pizza Inc will post 18.89 EPS for the current fiscal year. Domino’s Pizza Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is 45.15%.
Wall Street Analyst Weigh In A number of research analysts have recently issued reports on the stock. Citigroup dropped their price target on shares of Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 7th. Royal Bank Of Canada boosted their target price on Domino’s Pizza from $325.00 to $350.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 21st. UBS Group increased their target price on Domino’s Pizza from $375.00 to $385.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Sanford C. Bernstein restated a “market perform” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Finally, Evercore reaffirmed an “outperform” rating on shares of Domino’s Pizza in a report on Thursday, July 9th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Hold” and a consensus target price of $397.74.
Check Out Our Latest Research Report on Domino’s Pizza
Insider Buying and Selling at Domino’s Pizza In related news, EVP Kelly E. Garcia sold 12,430 shares of the stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at $3,011,718.08. This trade represents a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Russell J. Weiner sold 10,850 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the transaction, the chief executive officer directly owned 43,829 shares of the company’s stock, valued at $14,499,948.07. The trade was a 19.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 24,254 shares of company stock valued at $7,888,924 in the last three months. 0.89% of the stock is currently owned by company insiders.
Domino’s Pizza Company Profile (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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Domino's has raised its dividend every year for over a decade and just approved another hefty increase, yet the balance sheet carries nearly $5 billion in debt and a stockholders' deficit that would alarm most retirees. Before you count on…
Income investors who own Domino’s Pizza (NASDAQ:DPZ | DPZ Price Prediction) just got their next check confirmed. The board declared a quarterly cash dividend of $1.99 per share on July 14, 2026, with an ex-dividend date of September 15, 2026 and a payment date of September 30, 2026. That payout sits on top of a trailing twelve month dividend of $7.46 per share, and it caps off one of the more aggressive dividend ramps in the restaurant group.
The tension for a retiree evaluating this stock is right there in the numbers. The dividend is rising quickly, the yield is modest, and the balance sheet carries the kind of leverage that makes conservative income investors nervous. This scorecard works through whether the payout is actually dependable.
A Four-Year Dividend Ramp on Full Display Look at the declared quarterly rate over four years and the pace is unmistakable:
2023: $1.21 per quarter 2024: $1.51 per quarter 2025: $1.74 per quarter 2026: $1.99 per quarter The February 2026 hike from $1.74 to $1.99 represented a 15% year-over-year dividend increase. That is a hefty raise for a mature restaurant chain, and it continues a multi-year growth streak that started when the dividend was initiated in 2013. A fast-rising payout looks great on a screener. It also demands scrutiny on whether cash flow is keeping pace.
Current Yield: Modest Despite the Raises With shares trading at $346.76 as of September 3, 2026, the dividend yield sits at 2.19%. That is not a rich income number. Domino’s has been raising the payout aggressively, but the starting yield is low enough that retirees comparing DPZ to REITs, utilities, or dividend aristocrats with 3.5% to 5% yields will notice the gap. Yield-hungry buyers usually get more elsewhere. What DPZ offers is dividend growth, provided that growth is sustainable.
It’s worth pointing out that DPZ is down 15.8% year to date and 24.2% over the past year, well off a 52-week high of $458.38. The pullback has lifted the yield somewhat but has not turned this into a high-yield name.
Why the Franchise Model Matters for Cash Flow Domino’s does not operate most of its stores. Franchisees do. Domino’s collects royalty streams, supply chain revenue, and franchise fees, then leaves store-level labor, food, rent, and remodel costs on the franchisee’s books. That produces a very asset-light parent company with high margins and consistent cash conversion. Operating margin runs at 19.1% and return on assets at 33.9%.
The upside of that model is what you see in the cash flow statement. In fiscal 2025, Domino’s generated operating cash flow of $792.06 million, spent $120.56 million on capex, and paid out $236.86 million in dividends. Free cash flow of $671.5 million covered the dividend with meaningful room to spare.
Payout Coverage: The Scorecard FY2025 diluted EPS came in at $17.57 against an annualized payout of roughly $7.96 based on the current quarterly rate. Trailing twelve month EPS is $17.96, and Domino’s trades at a 19 PE with a forward PE of 16.
On cash flow, the dividend is also well covered by the roughly $671 million of free cash flow generated last year. The dividend program consumed less than half of free cash flow in 2025.
The catch is that dividends are competing with a very large buyback program. In Q2 2026 alone, Domino’s repurchased 443,917 shares for $156.2 million, and the board authorized an additional $1.0 billion in buybacks in April 2026. Remaining authorization stood at $1.23 billion as of mid-June. Between dividends and buybacks, Domino’s is returning nearly all of its free cash flow to shareholders every year.
Debt on the Books As of the quarter ended June 30, 2026, total liabilities stood at $5.746 billion, long-term debt at $4.876 billion, and total shareholders’ equity at negative $3.98 billion. Domino’s has funded years of buybacks with securitized notes, and the equity account has been in deficit in every annual report from 2006 through 2025.
Cash on hand was $164.8 million at quarter end, down 39.6% year over year. The company carries roughly $4.77 billion in fixed-rate securitized notes. Domino’s regulatory filings have flagged “substantial indebtedness with negative stockholders’ equity” as a repeated risk factor.
For an income investor at or near retirement, that language matters. Negative book value is a byproduct of aggressive share repurchases here, and the interest burden is real. Any material deterioration in same-store sales or franchisee health could tighten the cash flow cushion in a hurry.
Business Behind the Coupon: Comps Decelerate Recent operating results give both bulls and bears something to point at. Q2 2026 revenue rose 4.3% to $1.194 billion, beating the $1.179 billion consensus. Diluted EPS of $4.07 missed the $4.17 consensus. U.S. same-store sales grew a barely visible 0.1%, decelerating from 3.4% in the prior year period. International same-store sales fell 0.1%.
CFO Sandeep Reddy said on the July 20 call: “We had a one-quarter blip on ticket. We’re not going to have another blip.” CEO Russell Weiner, who is transitioning to executive chairman with Joe Jordan taking over as CEO, added: “My conviction in Domino’s long-term growth potential remains as strong as ever.”
Domino’s added 183 international stores during Q2 and expects roughly 800 net international stores for the year, with the U.S. outlook trimmed to approximately 175 net stores.
Risks Retirees Should Weigh Carefully Leverage: roughly $4.9 billion of long-term debt against a stockholders’ deficit means limited balance sheet flexibility if operating results weaken. Same-store sales sensitivity: U.S. comps at +0.1% and international at -0.1% leave very little margin for error. Delivery aggregators: management is pursuing growth on Uber and DoorDash while trying to keep franchisee economics “profit neutral” on those orders. Execution risk is real. Franchisee health: a pressured pipeline and reduced U.S. store outlook reflect franchisee profitability strain. Food and labor inflation: cost pressure at the store level eventually reaches the parent through slower unit growth. Buyback competition: with $1.23 billion in remaining repurchase authorization, buybacks are competing with the dividend and debt service for the same free cash flow. Verdict on Dependability The dividend is dependable in the near and medium term. Free cash flow of $671.5 million comfortably funds the roughly $237 million dividend program, the securitized note structure is fixed rate, and management has an established record of raising the payout. A retiree who owns DPZ for income should expect the check to arrive on September 30, 2026 and expect further raises.
The dividend is less attractive as a primary income vehicle. A 2.19% yield is thin compensation for accepting a stockholders’ deficit, decelerating comps, and buybacks that consume the majority of surplus cash. This is a dividend growth story with balance sheet baggage. It earns a solid dependability grade for the next several years and a cautionary grade for the decade beyond, particularly if same-store sales cannot reaccelerate.
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Baypointe Partners LLC increased its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 155.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,286 shares of the restaurant operator’s stock after acquiring an additional 8,686 shares during the period. Domino’s Pizza comprises about 10.1% of Baypointe Partners LLC’s investment portfolio, making the stock its 4th biggest position. Baypointe Partners LLC’s holdings in Domino’s Pizza were worth $4,229,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Jump Financial LLC bought a new position in Domino’s Pizza in the 2nd quarter valued at $3,183,000. Investment Management Corp of Ontario boosted its position in shares of Domino’s Pizza by 68.3% in the 2nd quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock worth $718,000 after purchasing an additional 647 shares during the last quarter. Sei Investments Co. grew its position in shares of Domino’s Pizza by 21.7% during the 2nd quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock worth $36,480,000 after buying an additional 14,452 shares during the period. Glenview Trust co grew its holdings in Domino’s Pizza by 36.9% during the second quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock valued at $511,000 after purchasing an additional 306 shares during the period. Finally, HUB Investment Partners LLC increased its position in shares of Domino’s Pizza by 17.3% in the 2nd quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock valued at $596,000 after buying an additional 195 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.
Analyst Ratings Changes A number of research analysts have weighed in on DPZ shares. KeyCorp reaffirmed a “sector weight” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Morgan Stanley dropped their price objective on Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. TD Cowen boosted their price target on Domino’s Pizza from $295.00 to $310.00 and gave the stock a “hold” rating in a research report on Monday, July 20th. Oppenheimer cut their target price on shares of Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. Finally, Citigroup reduced their price target on Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating for the company in a research note on Tuesday, July 7th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza has an average rating of “Hold” and a consensus price target of $397.74.
Get Our Latest Research Report on Domino’s Pizza Domino’s Pizza Stock Up 0.1% Domino’s Pizza stock opened at $347.03 on Friday. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $467.83. The stock has a market cap of $11.48 billion, a PE ratio of 19.68, a P/E/G ratio of 1.60 and a beta of 0.94. The business’s 50-day moving average price is $333.10 and its two-hundred day moving average price is $344.22.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last posted its earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm had revenue of $1.19 billion during the quarter. During the same period in the previous year, the company earned $3.81 EPS. The company’s revenue was up 4.3% on a year-over-year basis. As a group, analysts expect that Domino’s Pizza Inc will post 18.89 earnings per share for the current year.
Domino’s Pizza Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.99 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $7.96 annualized dividend and a yield of 2.3%. Domino’s Pizza’s payout ratio is presently 45.15%.
Insider Activity at Domino’s Pizza In related news, CEO Russell J. Weiner sold 10,850 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the transaction, the chief executive officer directly owned 43,829 shares in the company, valued at $14,499,948.07. This trade represents a 19.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the sale, the executive vice president owned 9,352 shares in the company, valued at $3,011,718.08. This represents a 57.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 24,254 shares of company stock valued at $7,888,924 in the last ninety days. 0.89% of the stock is currently owned by insiders.
Domino’s Pizza Profile (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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