India, Feb. 26 -- Domino's Pizza Inc. reported Monday slightly lower net earnings in its fourth quarter, while earnings per share and pre-tax profit were higher as strong demand boosted same store sales. Top line beat market estimates, and the company maintained long-term growth guidance for the years 2024 to 2028.
The pizza giant further announced higher dividend and up to $1 billion share buyback, which were approved on February 21.
In pre-market activity on the NYSE, Domino's Pizza shares were gaining more than 7 percent to trade at $464.
Russell Weiner, Domino's Chief Executive Officer, said, "Domino's foundation has never been stronger. Our positive U.S. transactions and same store sales growth in both our delivery and carryout chan...