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Domino's Pizza (DPZ) Stock Rising After Q2 Earnings Beat

NEW YORK (TheStreet) -- Shares of Domino's Pizza (DPZ) are spiking by 4.46% to $143.00 in pre-market trading Thursday morning, after the company reported better-than-expected earnings for the fiscal 2016 second quarter.

The Ann Arbor-based pizza chain posted earnings of 98 cents per share, beating the expectations of analysts surveyed by Thomson Reuters of 94 cents per share. Sales came in at $547.3 million, ahead of analysts' expectations of $533.4 million.

Last year, the company reported 81 cents per share on $45.9 million in revenue for the second quarter.

Same-store-sales in the U.S. grew 9.7%, a decrease from the previous...


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