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DPZ - Domino's Pizza Inc News Story

$394.8 -3.3  -0.8%

Last Trade - 9:10pm

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £11.08bn
Enterprise Value £13.83bn
Revenue £2.95bn
Position in Universe 714th / 6852

What to Watch in the Day Ahead - Thursday, February 25

Wed 24th February, 2021 7:30pm
(The Day Ahead is an email and PDF publication that includes the day's major stories and
events, analyses and other features. To receive The Day Ahead, Eikon users can register at
 DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT)
    
The Labor Department will release data showing initial jobless claims likely fell to 838,000 for
the week ended Feb. 20 following the 861,000 claims it received during the previous period.
Continued jobless claims for the week ended Feb 13 likely fell to 4.467 million, following an
increase of 4.494 million in the previous period. Data for four-week average jobless claims for
the week ended Feb. 20 is also scheduled for the day. (0830/1330) The Commerce Department will
release data showing orders for durable goods likely rose 1.1% in January following a 0.5%
increase in the previous period. Orders for durable goods excluding transport likely fell 0.7%
in January following a 1.1% increase in the previous month. Orders for non-defense capital goods
excluding aircrafts is likely to have remained stable at 0.7% in January, similar to the
previous month. Data for orders for durable goods excluding defense for January is also
scheduled for the day, which rose 0.8% in December. (0830/1330) Second estimate for GDP, which
likely rose to 4.2% during the fourth quarter following a 4% increase in the previous quarter,
is also scheduled for release. (0830/1330) Preliminary core personal consumption expenditure
(PCE) prices likely rose 1.4% in the fourth quarter, following a similar increase in the
previous period. Preliminary PCE, which rose 1.5% in the previous quarter, is also scheduled for
the day. (0830/1330) The National Association of Realtors' monthly index of pending home sales,
which had a reading of 125.5 in December, is scheduled for release. It fell 0.3% in the previous
month. (1000/1500) Kansas City Federal Reserve's composite and manufacturing indexes for
February are scheduled for release on the same day. They had readings of 17 and 22 in January.
(1100/1600)

Moderna Inc is set to report its fourth-quarter results and investors will watch for the
company's estimates for COVID-19 vaccine revenue in 2021. The focus will also be on any updates
about the vaccine's supply targets to the United States. Company comments on the potential need
for booster doses of its vaccine will also be of interest.
    
Airbnb Inc is expected to report lower fourth-quarter revenue, hurt by a decrease in bookings
due to the coronavirus crisis. Analysts expect Airbnb to rebound faster than some of the large
hotel chains, including Marriott and Hilton, due to the firm's heavy reliance on leisure
travelers. Investors will look for Airbnb's comments on the full-year financial outlook.

Dell Technologies Inc is expected to post a rise in fourth-quarter revenue as pandemic-driven
remote-working trends continue to fuel demand for its desktops and notebooks.
    
Salesforce.com Inc is expected to post a rise in fourth-quarter revenue as the pandemic-led
remote working trends fueled demand for its cloud-based software products.

Federal Reserve Bank of Atlanta President Raphael Bostic is scheduled to give opening remarks
before the virtual 2021 Banking Outlook Conference hosted by the Federal Reserve Bank of
Atlanta. (0830/1330) In the same event, Federal Reserve Vice Chair for Supervision Randal
Quarles will speak on "Stress Tests". (1110/1610) Separately, Federal Reserve Bank of Atlanta
President Raphael Bostic is scheduled to give an economic update before the virtual Greater
Naples Chamber event. (1200/1700) In another event, Federal Reserve Bank of New York President
John Williams will participate in a virtual discussion organized by One Hundred Black Men of New
York. (1500/2000)

JPMorgan Chief Financial Officer (CFO) Jennifer Piepszak, Citigroup Inc CFO Mark Mason and
Morgan Stanley CFO Jonathan Pruzan are scheduled to speak at the virtual Credit Suisse Financial
Services forum.

Domino's Pizza Inc is expected to post an increase in quarterly profit, boosted by strong demand
for its pizzas during the COVID-19 pandemic. Investors will look out for comments on current
levels of demand and the impact of stimulus checks on its sales.

Costco Wholesale Corp Chief Executive Craig Jelinek is scheduled to testify at U.S. Senate
Budget Committee hearing titled "Should Taxpayers Subsidize Poverty Wages at large profitable
corporations?"

Doordash Inc is expected to show a quarterly loss on Thursday, when it reports results for the
first time since going public in December. However, the food delivery platform's sales have
surged during the COVID-19 pandemic, which forced restaurants to halt dine-in operations and
shift to third-party delivery services. Investors will look for management's comments on the
current situation as many businesses reopen and as competition increases.

Nikola Corp is expected is post a loss in its fourth-quarter results. Investors will look for
comments around the termination of its deal to develop electric garbage trucks with Republic
Services Inc.

Mexico's national statistics agency INEGI is scheduled to release data showing fourth-quarter
GDP growth likely remained stable at 3.1%, same as the previous quarter. (0700/1200) Mexico's
economic activity is likely to have fallen 0.6% in December following a 0.9% increase in the
previous quarter. Year on year, economic activity till December is likely to have fallen 4.2%
following a 3.9% decrease in the 12 months to November period. (0700/1200) Headline unadjusted
jobless rate for January, which stood at 3.8% in December, is also scheduled for release.
(0700/1200) Fourth-quarter current account surplus, which stood at $17.498 billion in the
previous quarter, is also scheduled for release. (0900/1400)

Brazil's national statistics agency IBGE is scheduled to release data showing the country's
IGP-M inflation index likely fell 2.38% in February following an increase of 2.58% in the
previous month. The country's economy ministry is scheduled to release data showing net payroll
jobs created during January likely jumped to 122,000 following a decrease of 69,900 in the
previous month.

    

 (Compiled by Pranay Prakash in Bengaluru; Editing by Amy Caren Daniel)
 ((Pranay.Prakash@thomsonreuters.com))
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