Domino’s Upcoming 3Q15 Earnings: What Can We Expect?
Domino's Upcoming 3Q15 Earnings: What Can We Expect?
3Q15 earnings
Domino’s Pizza (DPZ) is set to release its full 3Q15 earnings on October 8, 2015, before the market opens. Domino’s was trading at $108.54 earlier today, and the stock is up 13.62% year-to-date. So far in 2015, Domino’s has performed well above the benchmark S&P 500 index, which has a -9.5% return year-to-date.
Price movement
The stock was able to sustain most of the gain until mid-August, when it dropped almost 11.5% to $101 over a five-day period.
Domino’s has recovered since then, but it still remains far from its 2015 peak of $119.40.
Domino’s has also surpassed the Consumer Discretionary Select Sector SPDR’s (XLY) return of 0.2% over the same period, but will Domino’s continue to rise post-3Q15?
What we’ll cover in this series
In this series, we’ll cover the most recent business update for Domino’s and what to expect in the upcoming earnings.
We’ll also discuss analysts’ estimates for the upcoming earnings and wrap up this series by looking into Domino’s valuation multiple to compare with peers such as Yum! (YUM), which operates Pizza Hut, Papa John’s (PZZA), and Starbucks (SBUX).
Company overview
Domino’s Pizza (DPZ) is a pizza restaurant that has about 11,600 restaurant units spread across 75 countries. According to the company filings, Domino’s serves about 1.5 million pizzas per day globally. The company opened its first franchised restaurant in 1965 and went international in 1983.
Domino’s menu mainly offers pizza with a choice of crusts, pasta, oven-baked sandwiches, chicken wings, sides of bread items, beverages, and desserts. The company also offers local toppings in its different markets, such as spicy cheese in the Indian market and squid in the Japanese market.
According to market researchers the NPD Group and CREST, Domino’s had a 25% share of the US pizza delivery market as of year end, December 2014. To learn in depth about Domino’s business, read Investing in Domino’s Pizza – It’s All About the Dough.
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