Domino's Pizza (DPZ) Tops Q2 EPS by 78c; U.S. Same Store Sales Rose 16.1%

Domino's Pizza (NYSE: DPZ) reported Q2 EPS of $2.99, $0.78 better than the analyst estimate of $2.21. Revenue for the quarter came in at $920.02 million versus the consensus estimate of $909.24 million.

Global retail sales increased 5.7% in the second quarter, or 8.1% excluding foreign currency impact. Global retail sales in the second quarter were positively impacted by U.S. same store sales, but were negatively impacted by temporary store closures in certain international markets. U.S. same store sales grew 16.1% during the quarter versus the year-ago period and were positively impacted by customer ordering behavior during the COVID-19 pandemic, continuing the positive sales momentum in the Company\'s U.S. stores business. The international business also posted positive same store sales results, with growth of 1.3% during the quarter. The second quarter marked the 106th consecutive quarter of international same store sales growth and the 37th consecutive quarter of U.S. same store sales growth.

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