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ANN ARBOR, Mich. (AP) — Domino's Pizza Inc. on Thursday reported fourth-quarter net income of $158.3 million.
On a per-share basis, the Michigan-based company said it had profit of $4.43.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.92 per share.
The pizza chain posted revenue of $1.39 billion in the period, which fell short of Street forecasts. Nine analysts surveyed by Zacks expected $1.44 billion.
For the year, the company reported profit of $452.3 million, or $12.53 per share. Revenue was reported as $4.54 billion.
Shares of Domino’s fell $40.60 to $307.86 in Thursday trading.
