(Adds Outlook, Dividend)
Domino's Pizza Inc. (DOM.L) released a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $125.82 million, or $3.58 per share. This compares with $104.77 million, or $2.93 per share, in last year's first quarter.
Analysts on average had expected the company to earn $3.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.9% to $1.08 billion from $1.02 billion last year.
Over the long term, from 2024 to 2028, the company continues to expect 7%+ annual global retail sales growth; 1,100+ annual global net store growth; and 8%+ annual income from operations growth.
On April 25, the Company's Board of Directors declared a $1.51 per share quarterly dividend on its outstanding common stock for shareholders of record as of June 14, to be paid on June 28.
In pre-market activity on the NYSE, DPZ shares were gaining around 3.6 percent to trade at $517.
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