Domino's Pizza +19% after earnings topper, dividend boost
Feb. 20, 2020 8:02 AM ET|About: Domino's Pizza, Inc. (DPZ)|By: Clark Schultz, SA News Editor
Domino's Pizza (NYSE:DPZ) jumps after comparable sales at U.S. stores rise 3.9% in Q4 to top the consensus mark of +1.9%.
Comparable sales were up 3.3% at franchised outlets in the U.S. during the quarter and 1.7% at international stores.
Operating margin came in at 17.7% of sales vs. 17.6% consensus.
Also standing out from the Domino's report was the 20% boost in the quarterly dividend payout and forecast for global retail sales growth of 7% to 10% over the next two to three years.
Shares of DPZ are up 18.60% premarket to $352.35.
Previously: Domino's Pizza EPS beats by $0.16, beats on revenue (Feb. 20)