Domino's Pizza Dropped 4% on Mixed Q3 Results
<p><a href='https://financialmodelingprep.com/financial-summary/DPZ'>Domino's Pizza, Inc. (NYSE:DPZ) </a>shares closed with a 4.73% loss on Friday following the company’s reported mixed Q3 results, impacted by staffing challenges and inflation. </p>
<p>Quarterly EPS came in at $3.24, above the consensus estimate of $3.11, on domestic SSS growth of -1.9% (vs. Street’s +1.6%) and international SSS growth of +8.8% (vs. Street’s +8.0%). The company attributed the weakness of U.S. SSS growth to a decline in transactions due to staffing shortages and the tapering off of stimulus benefits.</p>
<p>Analysts at Wedbush lowered their 2021 EPS estimate to $13.53 from $13.59, and their 2022 EPS estimate to $15.07 from $15.88. The brokerage reiterated its outperform rating, but lowered its price target to $550 from $585.</p>

NYSE:DPZ