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Domino’s Pizza beat 4Q estimates on new products

 (Image source: grudgrade.com)

Shares of the second largest U.S. pizza chain, Domino's Pizza, Inc. (NYSE:DPZ) are advancing in early trading as a result of 4Q profits and revenues topping analysts’ estimates. The pizza chain reported 4Q profits of 78 cents a share, two cents above consensus. In addition, revenue increased 5 percent in the quarter to $566.5 million. The introduction of new product to the menu such as chicken tacos and the handmade pan pizzas were a big hit with customers. Domestic sales rose 3.7 percent with the addition of the new products.