91.36 0.00 (0.00%)
After hours: 4:48PM EDT
|Bid||91.25 x 800|
|Ask||91.69 x 1100|
|Day's Range||90.20 - 91.66|
|52 Week Range||74.18 - 92.21|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||19.43|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||1.44 (1.64%)|
|1y Target Est||91.17|
In the third quarter, Domino’s Pizza (DPZ) posted revenue of $786.0 million, a rise of 22.1% from the $643.6 million it reported in the third quarter of 2017. Domino’s year-over-year revenue growth was primarily driven by its adoption of a new accounting standard, which contributed $82.5 million, and its higher supply chain revenue. Increased revenue from its company-owned restaurants and franchised restaurants also contributed to its revenue growth during the quarter.
Domino’s Pizza (DPZ) posted its third-quarter earnings results on October 16. The company reported adjusted EPS of $1.95 on revenue of $786.0 million. YoY (year-over-year), its EPS rose 53.5%, while its revenue rose 22.1%.
PLANO, Texas, Oct. 17, 2018 /PRNewswire/ -- Pizza Hut, the pizza restaurant that serves and delivers more pizzas, pasta and wings than any other restaurant in the world, launched its $5 Lineup, stacked with craveable menu choices galore for – you guessed it – just five dollars each, when ordering two or more. Available now at Pizza Hut locations nationwide, the $5 Lineup includes a medium one-topping pizza, eight bone-out Wingstreet® Wings, Stuffed Garlic Knots, Tuscani® Pasta, a double order of oven-warm breadsticks, new Crafted By® Cinnabon® Mini Rolls, the Ultimate Hershey's® Chocolate Chip Cookie and a four-pack of 20 oz. The launch of the $5 Lineup from Pizza Hut comes on the heels of the brand's recent updates to its Hut Rewards pizza loyalty program - the only loyalty program in the U.S. that offers points for every dollar spent on food.
CNBC's Jim Cramer breaks down why last week’s sell-off is making Yum Brands’ stock an attractive buy into weakness. The "Mad Money" host also hears from cannabis producer MedMen's co-founder and CEO, Adam Bierman. Marketwide stock declines may have investors questioning whether their stock picks are dropping for the right reasons, so on Monday, CNBC's Jim Cramer decided to pinpoint a winner on the decline: Yum Brands YUM .
Domino’s (DPZ) is set to release its third-quarter earnings before market open on Tuesday, and both investors and Wall Street analysts will be paying close attention to the potential benefits from a competitor’s recent woes, same-store sales internationally and domestically and performance of delivery “Hotspots.”
Of the 23 analysts covering Domino’s Pizza (DPZ), 57.1% are favoring a “buy” as of October 10, and 42.9% are favoring a “hold.” Analysts have set an average price target of $296.42, which represents an upside potential of 7.8% from its stock price of $274.92. Since the announcement of Domino’s second-quarter earnings on July 19, many analysts have raised their price targets. On July 20, Jefferies raised its price target from $255 to $265.
For the third quarter of 2018, analysts expect Domino’s Pizza’s (DPZ) EPS to rise 37.5% to $1.75 compared to $1.27 in Q3 2017. EPS growth will most likely be driven by revenue growth, a lower effective tax rate, and share repurchases. Analysts are expecting Domino’s effective tax rate to fall from 33.6% in the third quarter of 2017 to 21.6% in the third quarter of 2018.
McDonald’s (NYSE:MCD) stock has seen higher prices since a dip in mid-September. Following an analyst upgrade yesterday on Oct.10, MCD stock initially opened up 2%, but ended the day down amidst the global stock market sell-off. Despite the current volatility, I expect the positive momentum in McDonald’s to continue well into the earnings report later in the month.
Yum! Brands, Inc. (YUM) today announced the promotion of Vipul Chawla, 50, to President of Pizza Hut International, reporting to Yum! Brands Chief Executive Officer Greg Creed, effective December 3, 2018. Chawla, who currently serves as Managing Director of Pizza Hut Asia-Pacific, will assume responsibility for driving the brand strategy and performance of Pizza Hut’s international business outside the U.S. Pizza Hut is the world’s largest pizza restaurant company with more than $12 billion in global system sales and nearly 17,000 restaurants in over 100 countries and territories as of year-end 2017.
Domino’s Pizza (DPZ) is scheduled to announce its third-quarter earnings before the market opens on October 16. As of October 10, it was trading at $274.92, which represents a fall of 3.1% since the announcement of its second-quarter earnings on July 19.
Pizza Hut Cinnabon rolls (NYSE:YUM) are the latest fast food monstrosity that will fill your mouth with gooey deliciousness and the rest of your body with calories. The fast food pizza chain said that it is expanding its dessert offerings with Cinnabon cinnamon rolls, meaning that the company developed this as part of a partnership with Cinnabon. The end result is as decadent as it sounds as you’ll be able to get 10 mini cinnamon rolls with each order.
Starbucks Corporation ( SBUX) shares rose more than 2% on Tuesday morning following the appointment of a new chief financial officer. Patrick Grismer, a former Hyatt Hotels Corporation ( H) and Yum! Brands, Inc. ( YUM) executive, was appointed to the position at the coffee giant on Monday, removing a key overhang on Starbucks stock. Grismer's experience in China's restaurant industry is widely seen as a positive for the company, but investors will be watching to see if he backs prior growth guidance.
A former Louisville Business First CFO of the Year has been tapped to take over as the top financial executive at Starbucks Corp. Patrick Grismer, who was CFO of Yum Brands Inc. (NYSE: YUM) until 2016, will take over at Starbucks (Nasdaq: SBUX) on Nov. 12. Grismer's predecessor at Starbucks, Scott Maw, will retire Nov. 30. “As a seasoned CFO of multiple global, consumer-facing growth companies, Pat brings tremendous finance expertise, a customer-centric mindset and a wealth of restaurant industry experience to Starbucks,” Kevin Johnson, Starbucks president and CFO, said in a news release.
On October 8, the Wall Street Journal reported that Trian Fund Management, which owns an ~13% stake in Wendy’s (WEN), is considering a takeover bid for Papa John’s (PZZA). Earlier, Papa John’s management reached out to potential acquirers to submit an offer following its bitter battle with John Schnatter, the company’s founder.
Starbucks stock gained 1.4% in Monday trading after the company announced the appointment of Patrick Grismer as chief financial officer.
Grismer's appointment completes a three-month search for a new finance chief since current CFO Scott Maw announced plans to retire in June. Maw's announcement coincided with Executive Chairman and former Chief Executive Officer Howard Schultz's departure from the company, who built Starbucks into a global powerhouse over four decades.
Starbucks Corp on Monday named Hyatt Hotels Corp's financial chief Patrick Grismer as its new chief financial officer, making another leadership change in the past year as it battles intense competition in a cooling U.S. coffee market. Grismer's appointment completes a three-month search for a new finance chief since current CFO Scott Maw announced plans to retire in June.
Grismer is the current CFO of Hyatt, a position he has held since March 2016. Grismer replaces Scott Maw, who will retire on Nov. 30.
Pizza Hut said Monday that it has partnered with Cinnabon for a new menu addition: Cinnabon Mini Rolls, which will be available at locations nationwide. Cinnabon Mini Rolls will come in orders of 10 and will be priced at $5.99. Pizza Hut says it gets "a steady stream of orders that include dessert items," and tested the new Cinnabon item before adding it to the menu. Pizza Hut, along with Taco Bell and KFC, are part of the Yum Brands Inc. portfolio of brands. Yum Brands shares are up 10.3% for the year to date, outpacing the S&P 500 index , which is up 8% for the period.
Starbucks Corp. has named Patrick Grismer chief financial officer, succeeding Scott Maw, who will retire November 30. Grismer joins Starbucks from Hyatt Hotels Corp. where he is CFO. He joined Hyatt in 2016 in that role. His career spans 25 years and also includes positions at Taco Bell-parent Yum Brands Inc. and Walt Disney Co. . Maw will stay on as a senior consultant until March 2019. Grismer will join the company on November 12. Starbucks shares are down 3% for 2018 to date while the S&P 500 index has rallied 8% for the period.
ATLANTA and PLANO, Texas, Oct. 8, 2018 /PRNewswire/ -- Pizza Hut and Cinnabon® are making pizza night even sweeter…because that's just how they roll. Cinnabon teamed up with the pizza restaurant that serves and delivers more pizzas than any other pizza company in the world to introduce Crafted By® Cinnabon® Mini Rolls, now available exclusively on Pizza Hut menus nationwide. Crafted by Cinnabon Mini Rolls are delivered warm to front doors by Pizza Hut and include 10 miniature cinnamon rolls made with delicious Cinnabon Makara® cinnamon swirls, topped with Cinnabon signature cream cheese frosting.
Start prepping your digestive system now: The region’s first Taco Bell Cantina is expected to open in a matter of weeks. A Taco Bell spokesperson tells us the Cantina, which sells traditional Taco Bell fare in addition to alcohol and shareable appetizers, should be open by mid-November at 417 King St. in Old Town Alexandria. The Taco Bell Cantina will be located in a storefront fronting King Street within Tavern Square, a 171,0008-square-foot development bounded by King, Royal, Cameron and Pitts streets.
Papa John’s now ranks fourth among the most popular pizza brands in the U.S., dropping from number three in 2017. Papa John’s International operates in Foods & Beverages sector under Fast Food Eating category. Papa John’s biggest competitors include KFC and Pizza Hut — subsidiaries of YUM! Brands (NYSE:YUM) — as well as Dominoes (NYSE:DPZ) and McDonald’s (NYSE:MCD).