Domino’s Pizza Inc. (NASDAQ: DPZ) shares rose more than 3% intra-day on Tuesday after the company reported third-quarter results that exceeded Wall Street expectations, supported by steady same-store sales growth across both domestic and international markets.
The company posted earnings per share of $4.08, surpassing consensus estimates of $3.96. Revenue reached $1.15 billion, slightly above forecasts of $1.14 billion.
U.S. same-store sales increased 5.2%, while international same-store sales rose 1.7% excluding foreign currency impact. Global retail sales advanced 6.3% on a currency-neutral basis. Domino’s also added 214 net new stores globally during the quarter, including 29 in the U.S. and 185 overseas.
Income from operations climbed 12.2%, or 11.8% excluding favorable foreign exchange effects on international royalty revenue.
The company attributed its growth to effective marketing campaigns, strong promotional activity, and ongoing product innovation, which supported higher order volumes in both delivery and carryout segments. Management said it remained confident in Domino’s ability to continue expanding its market share in the global quick-service pizza industry.
