Domino’s General And Administrative Costs Increase By $6 Million
Domino’s general and administrative expenses include executive compensation, advertising and promotion, technology, and team members.
Domino’s enterprise value has been rising since 2012. Most of this rise comes from growth in its stock price.
Domino’s Pizza (DPZ) reported its earnings on December 24—before the market opened. Shares began trading at $103.50.
Dividends, which are paid in cash, come from a company’s ability to generate excess income, which is a function of higher sales and stable costs.Dividends, which are paid in cash, come from a company’s ability to generate excess income, which is a function of higher sales and stable costs.
Domino’s Pizza (DPZ) reported a net income of $48 million, which was up 7.5% compared to $44.7 million in the third quarter a year ago.
Domino’s management anticipates an effective tax rate in the range of 37% to 38% for the “foreseeable future.” Corporate tax rates in the US are high.
Domino’s cost of sales, which includes food costs, was $453 million or 10.5% of revenues, compared to $394 million or 69.5% of revenues in 4Q13.
During fiscal 2014, Domino’s added specialty chicken to its menu in the second quarter. This move, combined with advertising, resulted in higher traffic.
We’ve discussed how same-store sales and unit growth have been strong for Domino’s in 4Q. Let’s see how they’ve translated into revenue growth.
Domino’s added more units internationally last quarter. The company added a total of 662 units in the last 12 months.
To measure the performance of stores or restaurant locations, we’ll see how same-store sales performed year-over-year.
We’ll take a look at Domino’s earnings, key valuation metrics, costs, and strategic initiatives, the market reaction to the earnings, and Domino’s stock.
Before you invest in Six Flags, you should note that the company has been returning capital to its shareholders in the form of dividends and share buybacks.
Six Flags has a consensus rating of buy and a consensus mean price target of ~$52, which is 10% higher than the share price close as of February 20, 2014.
Six Flags has paid quarterly cash dividends since the fourth quarter of 2010. In 2014, it paid shareholders $184 million in dividends, 6% more than 2013.
Six Flags Entertainment (SIX) generally makes capital investments in the food, retail, games, and other in-park areas to increase per capita guest spending.
Six Flags’ per capita guest spending increased $2.79, or 7%, to $42.97 in 2014, primarily due to improved admissions pricing and new offerings in the parks.
A season pass or membership guest contributes higher aggregate profitability to Six Flags (SIX) over the course of a year than a single-day ticket guest.
Six Flags’ (SIX) admissions revenue per capita increased by 9% in 2014, primarily driven by pricing improvements on multi- and single-use ticket offerings.
Six Flags’ EBITDA increased by $11 million, or 30%, to $46 million. This increase was generated from a 19% increase in revenue.
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