Domino's Pizza Inc. said its normalized net income for the fiscal first quarter ended March 22 amounted to 79 cents per share, compared with the S&P Capital IQ consensus estimate of 80 cents per share.
EPS rose 14.2% year over year from 70 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $45.3 million, a gain of 13.5% from $39.9 million in the prior-year period.
The normalized profit margin increased to 9.2% from 8.8% in the year-earlier period.
Total revenue increased 10.6% on an annual basis to $502.0 million from $453.9 million, and total operating expenses climbed 10.8% from the prior-year period to $409.5 million from $369.7 million.
Reported net income rose 13.4% on an annual basis to $46.2 million, or 81 cents per share, from $40.7 million, or 71 cents per share.
