Domino’s Pizza Inc.
(NASDAQ:DPZ) stock rose nearly 7% in Monday's premarket trading after the company reported second-quarter revenue that topped Wall Street estimates, although earnings per share missed expectations.
Earnings Snapshot Revenue increased 4.3% year over year to $1.194 billion, exceeding analysts' estimates of $1.18 billion.
Growth was driven by higher supply chain sales, global franchise royalties and advertising revenue.
Operating income rose 3.1% to $232 million, supported by higher U.S. and international franchise royalties and fees, along with improved supply chain margins.
