McDonald's sales soar on higher prices, newer menu items [Reuters]
Domino's Pizza Inc (DPZ)
Last domino's pizza inc earnings: 4/23 07:30 am
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Source: Reuters
Same-store sales jumped 12.7% in the third quarter ended Sept. 30, well above pre-pandemic levels and better than estimates of a 10.31% rise, according to Refinitiv IBES data. With pandemic-related restrictions easing and restaurants opening at full capacity, McDonald's has been gaining market share from competitors by investing in new menu items such as the crispy chicken sandwich and its “Famous Orders” campaign with pop stars including South Korean boy band BTS and rapper Saweetie. The company, which has been seeking to grow sales digitally, launched a new loyalty program in the United States, while also doubling down on advertising. The upbeat results from McDonald's is in contrast to some other restaurant chains such as Domino's Pizza Inc and Burger King-owner Restaurant Brands International Inc that flagged a slowdown due to the tight labor market. Several food service chains, including McDonald's, have had to bump up menu prices to counter rising labor costs and food i
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DPZ
News
- Domino's Pizza (DPZ) Earnings Expected to Grow: What to Know Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- Domino's Pizza, Inc. (NYSE: DPZ) had its price target raised by analysts at Jefferies Financial Group Inc. from $455.00 to $480.00. They now have a "hold" rating on the stock.MarketBeat
- Domino's Pizza, Inc. (NYSE: DPZ) had its price target raised by analysts at UBS Group AG from $526.00 to $570.00. They now have a "buy" rating on the stock.MarketBeat
- Joe & the Juice Appoints Industry Leader Jeffrey Lawrence to Board of DirectorsBusiness Wire
- Introducing Domino's® New York Style PizzaPR Newswire
DPZ
Earnings
- 2/26/24 - Beat
DPZ
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- DPZ's page on the SEC website