ANN ARBOR, Mich. — Domino’s Pizza Inc. today reported third-quarter net income of $99.1 million.
On a per-share basis, the company said it had profit of $2.49.
The results did not meet Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.75 per share.
The pizza chain posted revenue of $967.7 million in the period, which beat Street forecasts. Ten analysts surveyed by Zacks expected $946 million.
Domino’s Pizza shares have climbed 47% since the beginning of the year. The stock has increased 78% in the past 12 months.