Domino's Pizza Earnings Beat Estimates

By Tonya Garcia Markets MarketWatch Pulse

Domino's Pizza Inc. reported first-quarter net income of $62.5 million, or $1.26 per share, up from $45.5 million, or 89 cents per share, for the same period last year. The FactSet consensus was for $1.16 per share. Revenue was $624.2 million, up from $539.2 million and ahead of the $616.0 million FactSet consensus. Domestic same-store sales grew 10.2%, and global same-store sales were up 4.3%. Shares were nearly flat in Thursday premarket trading, and are up 35.4% for the last year. The S&P 500 index is up 14% for the past 12 months.

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