U.S. Movers: Domino's Pizza, Home Depot, Keurig Dr Pepper, Public Storage, Zoom Communications

Scott Peters
25 Feb, 2025
New York City

Zoom Communications Inc. dropped 3% to $81.10 despite the communication platform operator reporting a revenue increase in the fourth quarter of fiscal 2025 ending in January.

Revenue jumped to $1.18 billion from $1.15 billion, net income climbed to $367.86 million from $298.83 million, and earnings per diluted share rose to $1.16 from 95 cents a year ago.

For the first quarter of fiscal 2026, the company estimated revenue in constant currency between $1.168 billion and $1.173 billion, compared to $1.14 billion in the same period a year ago.

Non-GAAP income from operations is expected between $440.0 million and $445.0 million, compared to $353.3 million in 2025, and non-GAAP earnings per diluted share between $1.29 and $1.31, compared to $1.16 in 2025. 

Public Storage dropped 2% to $297.16 despite the self-storage services provider reporting higher revenue for the fourth quarter ending in December.

Revenue increased to $1.18 billion from $1.16 billion, net income surged to $614.61 million from $439.29 million, and earnings per diluted share rose to $3.21 from $2.21 a year ago.

The company proposed a dividend of $3.00 per share, payable on March 28 to shareholders on record as of March 13.

For fiscal 2025, the company provided optimistic guidance based on its portfolio of 2,565 same-store facilities and 508 non-same-store facilities, reflecting strong core FFO per share expectations.

Domino's Pizza gained 0.3% to $456.92 after the pizza delivery company reported strong results for the fourth quarter ending in December.

Revenue increased to $1.44 billion from $1.40 billion, net income surged to $169.44 million from $157.29 million, and earnings per diluted share rose to $4.89 from $4.48 a year ago.

The company raised its quarterly dividend by 15% to $1.74 per share, payable on March 28 to shareholders on record as of March 14.

In addition, Domino’s Pizza repurchased 258,568 shares and 758,242 shares of common stock for a total of $112.0 million and $327.0 million, in the fourth quarter and full-year, respectively.

By the end of 2024, the company had a total remaining authorized amount for share repurchases of $814.3 million. 

Home Depot eased 0.1% to $382.13 after the home improvement retailer reported a steady sales growth in the fourth quarter ending in February.

Net sales increased 14.1% to $39.70 billion from $34.79 billion, net earnings jumped 7% to $2.99 billion from $2.80 billion, and earnings per diluted share rose to $3.02 from $2.82 a year ago.

For fiscal 2025, the company estimated revenue growth of approximately 2.8%, comparable sales growth of 1%, and the opening of 13 new stores.

Diluted earnings per share are expected to decline 3% from $14.91 in fiscal 2024; and capital expenditures would be approximately 2.5% of total sales.

In the fourth quarter, same-store sales edged up 0.8%, and same-store sales in the U.S. increased 1.3%.

For the full year 2024, same-store sales decreased 1.8%, and same-store sales in the U.S. decreased 1.8%. 

The company approved a quarterly cash dividend of $2.30 per share, up 2.2% from the previous year, and totaling to an annual dividend of $9.20 per share.

The dividend is payable on March 27 to shareholders on record as of March 13.

Keurig Dr Pepper Inc. surged 2.3% to $34.90 after the beverage company reported higher revenue in the fourth quarter ending in December.

Net sales increased to $4.07 billion from $3.87 billion, net income swung to a loss of $144 million from a profit of $693 million, and loss per diluted share was 11 cents compared to a profit of 49 cents a year ago.

The U.S. refreshment beverages and the international segments reported sales growth of 10.3% to $9.3 billion and 0.8% to $2.1 billion for the full year, respectively, while sales in the U.S. coffee unit decreased 2.4% to $1.1 billion.

For fiscal 2025, the company estimated net sales growth in a mid-single-digit range and adjusted earnings per diluted share in a high-single-digit range on a constant currency basis.

The projections include the anticipated contribution from the recent Ghost acquisition.

At current rates, foreign currency translation is forecasted to approximate a one to two percentage point headwind to full year top- and bottom-line growth.

The company proposed a regular quarterly cash dividend of 23 cents per share, payable on April 11 to shareholders on record as of March 28.

Last year, Keurig agreed to buy a 60% stake in energy-drink maker Ghost for $990 million, with a plan to purchase the rest in 2028.