Domino's Pizza, Inc. (DPZ - Free Report) is scheduled to report fourth-quarter fiscal 2022 results on Feb 23, before the opening bell. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 5.4%.
Q4 Estimates
The Zacks Consensus Estimate for fiscal fourth-quarter earnings is pegged at $3.92 per share, suggesting a decline of 7.8% from the prior-year quarter. Over the past seven days, earnings estimates have been revised downward by 0.3%. The Zacks Consensus Estimate for revenues is pegged at $1.44 billion, suggesting an improvement of 6.9% from the prior-year reported figure.
Factors to Note
Domino's fiscal fourth-quarter top line is likely to have benefited from solid international expansion, sales building efforts and robust digitalization. An increase in sales of U.S. company-owned stores, as well as supply-chain revenues, is likely to have aided the top line.
We expect U.S. company-owned stores, U.S. franchise advertising and supply-chain revenues to increase 3%, 1.3% and 6.8% to $145.5 million, $145.1 million and $855.1 million, respectively.
The company has been witnessing growth in terms of its carryout and delivery businesses. It has been focusing on Car Side Delivery 2-Minute Guarantee with awareness campaigns. Increased revenues from franchise advertising and supply chain are anticipated to have driven the fiscal fourth-quarter performance.
However, elevated wage pressures and commodities inflation are likely to have negatively impacted the company’s bottom line. We expect total cost of sales to increase 8.2% year over year to $905.6 million. The gross margin in the quarter is likely to be 36.1% compared with 37.7% reported in the prior-year quarter.
What the Zacks Model Unveils
Our proven model doesn’t conclusively predict an earnings beat for Domino's this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
Earnings ESP: Domino's has an Earnings ESP of -1.76%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Domino's currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks Poised to Beat Estimates
Here are some stocks worth considering from the Zacks Retail-Wholesale space, as our model shows that these have the right combination of elements to beat on earnings this season.
Casey's General Stores (CASY - Free Report) currently has an Earnings ESP of +14.04% and a Zacks Rank #3. The company is likely to register a bottom-line decline while reporting third-quarter fiscal 2023 numbers. The Zacks Consensus Estimate for the quarterly earnings per share of $1.67 suggests a decline of 2.3% from the year-ago quarter's reported figure.
Casey's top line is expected to increase year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.52 billion, indicating an increase of 15.5% from the prior-year quarter’s reported figure. CASY has a trailing four-quarter earnings surprise of 7.2%, on average.
Dollar General (DG - Free Report) currently has an Earnings ESP of +0.93% and a Zacks Rank of 3. The company is likely to register a bottom-line improvement while reporting fourth-quarter fiscal 2022 results. The Zacks Consensus Estimate for quarterly earnings per share of $3.24 suggests an increase of 26.1% from the year-ago quarter's reported.
DG’s top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $10.32 billion, suggesting a 19.3% increase from the prior-year quarter’s reported figure.
Ross Stores (ROST - Free Report) currently has an Earnings ESP of +3.16% and a Zacks Rank #3. The company is likely to register a bottom-line improvement while reporting fourth-quarter fiscal 2022 results. The Zacks Consensus Estimate for quarterly earnings per share of $1.23 suggests an increase of 18.3% from the year-ago quarter's reported number.
Ross Stores’ top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $5.13 billion, suggesting a 2.2% gain from the prior-year quarter’s reported figure. ROST delivered an earnings beat of 10.5%, on average, in the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Domino's Pizza, Inc. (DPZ - Free Report) is scheduled to report fourth-quarter fiscal 2022 results on Feb 23, before the opening bell. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 5.4%.
Q4 Estimates
The Zacks Consensus Estimate for fiscal fourth-quarter earnings is pegged at $3.92 per share, suggesting a decline of 7.8% from the prior-year quarter. Over the past seven days, earnings estimates have been revised downward by 0.3%. The Zacks Consensus Estimate for revenues is pegged at $1.44 billion, suggesting an improvement of 6.9% from the prior-year reported figure.
Factors to Note
Domino's fiscal fourth-quarter top line is likely to have benefited from solid international expansion, sales building efforts and robust digitalization. An increase in sales of U.S. company-owned stores, as well as supply-chain revenues, is likely to have aided the top line.
We expect U.S. company-owned stores, U.S. franchise advertising and supply-chain revenues to increase 3%, 1.3% and 6.8% to $145.5 million, $145.1 million and $855.1 million, respectively.
The company has been witnessing growth in terms of its carryout and delivery businesses. It has been focusing on Car Side Delivery 2-Minute Guarantee with awareness campaigns. Increased revenues from franchise advertising and supply chain are anticipated to have driven the fiscal fourth-quarter performance.
However, elevated wage pressures and commodities inflation are likely to have negatively impacted the company’s bottom line. We expect total cost of sales to increase 8.2% year over year to $905.6 million. The gross margin in the quarter is likely to be 36.1% compared with 37.7% reported in the prior-year quarter.
What the Zacks Model Unveils
Our proven model doesn’t conclusively predict an earnings beat for Domino's this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
Earnings ESP: Domino's has an Earnings ESP of -1.76%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Domino's currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks Poised to Beat Estimates
Here are some stocks worth considering from the Zacks Retail-Wholesale space, as our model shows that these have the right combination of elements to beat on earnings this season.
Casey's General Stores (CASY - Free Report) currently has an Earnings ESP of +14.04% and a Zacks Rank #3. The company is likely to register a bottom-line decline while reporting third-quarter fiscal 2023 numbers. The Zacks Consensus Estimate for the quarterly earnings per share of $1.67 suggests a decline of 2.3% from the year-ago quarter's reported figure.
Casey's top line is expected to increase year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.52 billion, indicating an increase of 15.5% from the prior-year quarter’s reported figure. CASY has a trailing four-quarter earnings surprise of 7.2%, on average.
Dollar General (DG - Free Report) currently has an Earnings ESP of +0.93% and a Zacks Rank of 3. The company is likely to register a bottom-line improvement while reporting fourth-quarter fiscal 2022 results. The Zacks Consensus Estimate for quarterly earnings per share of $3.24 suggests an increase of 26.1% from the year-ago quarter's reported.
DG’s top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $10.32 billion, suggesting a 19.3% increase from the prior-year quarter’s reported figure.
Ross Stores (ROST - Free Report) currently has an Earnings ESP of +3.16% and a Zacks Rank #3. The company is likely to register a bottom-line improvement while reporting fourth-quarter fiscal 2022 results. The Zacks Consensus Estimate for quarterly earnings per share of $1.23 suggests an increase of 18.3% from the year-ago quarter's reported number.
Ross Stores’ top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $5.13 billion, suggesting a 2.2% gain from the prior-year quarter’s reported figure. ROST delivered an earnings beat of 10.5%, on average, in the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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