Domino's (DPZ) investors are hungry for more. 

For the company's fourth quarter results, Wall Street expects Domino's to report revenue of $1.48 billion, with same-store sales up 1.72% year over year. Adjusted earnings are expected to come in at $4.93, up from $4.48 the prior year. 

After battling bad weather conditions in the fourth quarter, Citi analyst Jon Tower wrote in a client note that "shares appear to have already moved on from what is likely a soft fourth quarter and start to the first quarter." 

Ahead of the company's report on Monday before market open, shares are up more than 12% year to date, compared to the S&P 500's (^GSPC) 5% gain. However, Domino's one-year gain of 13% lags the S&P's 23% jump. 

In its third quarter results, the company expected to end 2024 with annual global retail sales growth of approximately 6%.

Challenges around its international unit growth are expected to be a "key focus for longer-term investors," Tower said. Many analysts are focused on its largest franchisee, Domino's Pizza Enterprises (DPE), which plans to close 205 unprofitable locations. The majority of those restaurants will be in Japan.

Stifel analyst Chris O'Cull anticipates the closures will result in a roughly 100 basis-point headwind to global net unit growth in 2025.

Earnings overview

Here's what Wall Street expects from Domino's in the fourth quarter, compared to the year prior: 

• Adjusted earnings per share: $4.93, versus $4.48

• Revenue: $1.48 billion, versus $1.40 billion

• US same-store sales growth: 1.72%, versus 2.80%

  • Company-owned: 1.79%, versus 5.90%

  • Franchise: 1.74%, versus 2.60%

• International same-store sales growth: 1.63% versus 0.10%

Here's what Wall Street expects from Domino's in its fiscal 2024 results, compared to the year prior:

• Adjusted earnings per share: $16.70, versus $14.66

• Revenue: $4.74 billion, versus $4.48 billion

• US same-store sales growth: 3.63%, versus 1.60%

  • Company-owned: 4.30%, versus 5.40%

  • Franchise: 3.63%, versus 1.40%

• International same-store sales growth: 1.37%, versus 1.70%

In third quarter results, Domino's had set a goal to exit the year with a 3% increase in US sales through Uber. CEO Russell Weiner told investors on the recent earnings call that third-party order aggregators like Uber and DoorDash are boosting results because their users are high-income customers.

Tower said investors are focusing on expanding the third-party delivery service to DoorDash (DASH) and on menu innovation.

At the end of the first quarter, it will no longer have exclusivity with Uber (UBER), which could give Domino's a boost as it lists on other apps. 

"DoorDash is bigger than Uber, so that would certainly be ... a more significant impact on our business than Uber," Weiner said, adding that being on all the order aggregators is a $1 billion opportunity.

Innovation around stuffed crust pizza, which could come in the second half of 2025, could also be a boon, per Deutsche Bank research analyst Lauren Silberman. Other initiatives to drive same-store sales in the US this year include the company's loyalty program, app and website upgrades, and value platforms, Silberman noted.

TD Cowen analyst Andrew Charles told Yahoo Finance ahead of the Super Bowl that the brand is leading its industry with its value perception.

The pizza chain also secured a nod from the Oracle of Omaha recently. 

A SEC filing disclosed Warren Buffett's Berkshire Hathaway (BRK-B) holds 2.38 million shares in Domino's as of the end of 2024, making it the fourth largest shareholder. Berkshire also took a stake in Constellation Brands (STZ), which CFRA analyst Garrett Nelson called "a big vote of confidence." 

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Brooke DiPalma is a senior reporter for Yahoo Finance. Follow her on Twitter at @BrookeDiPalma or email her at bdipalma@yahoofinance.com.

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