Shares of Domino's Pizza (DPZ) fell Monday morning after the p♌izza giant reported a mixed fourth-quarter report, with better profits but lower sales than analysts expected.
Domino's reported 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $4.89 on revenue of $1.44 billion. Analysts polled by Visible Alpha had expected $4.87 and $1.48 billion, respectively.
The Michigan-based pizza chain said 澳洲幸运5官方开奖结果体彩网:same-store sales rose just 0.4% among its U.S. locations, below the 1.5% consensus, and 2.7% internationally⛦, better than the 1.7% growth expectation.
CEO Russell Weiner said 2024 marked 31 straight years of international same store sales growth, despite a "challenging global macroeconomic environment."
Domino's shares declined after its 澳洲幸运5官方开奖结果体彩网:last earnings report, but later got a boost when regulatory filings revealed that Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) had 澳洲幸运5官方开奖结果体彩网:built a small stake in the pizza maker.
Domino's stock was down 6% shortly after markets opened, making it one of the biggest decliners in the 澳洲幸运5官方开奖结果体彩网:S&P 500. They had🍸 entered the day up about 7% over the last 12 months.
UPDATE—This article has been updated with the latest share price information.