Topic: How To Invest

Stock Pickers Digest Hotline – Friday, October 21, 2016

Article Excerpt

DOMINO’S PIZZA INC., $166.36, symbol DPZ on New York, is the world’s largest chain of pizza stores that offer takeout and delivery. It operates 13,200 outlets, in the U.S. and 80 other countries. Franchisees run most of these stores. The company’s share rose over 9% this week after it reported strong results in the latest quarter. In the three months ended September 11, 2016, the company’s sales rose 16.9%, to $566.7 million from $484.7 million a year earlier. That beat the consensus forecast of $543 million. Same-store sales rose 13.0% in the U.S., the company’s largest market. Internationally, same-store sales rose 6.6%. Revenue increases helped to lift overall earnings: profit rose 24.8%, to $47.2 million from $37.8 million a year earlier. Due to fewer shares outstanding, earnings per share jumped 43.3%, to $0.96 from $0.67. That also beat the consensus estimate of $0.90. Domino’s outlook remains positive, and its $1.52 dividend yields 0.9%. But the stock has jumped over 58% in the past year, and…