The No.1 pizza company reports second-quarter earnings before the bell on Thursday, July 19. It's expected to post earnings per share of $1.74 on sales of $786.3 million, based on a FactSet survey of 20 analysts.
The stock has risen 12.5% since the company last reported earnings on Apr. 26 -- 20% if you count from the day before the report. At the time TheStreet.Com's Jim Cramer said the company might have had the best earnings report of the season.
Among the high points for the current quarter, according to analysts, are solid growth in delivery channel and carryout business, and strong top-line drivers, which include a clear and consistent value message and management's efforts to improve convenience.
Not to be discounted is the effect from competitor Papa John's International Inc. (PZZA - Get Report) , which been rocked by the resignation of founder John Schnatter as board chairman, following his admission that he used the N-word during a media training session.
"We anticipate PZZA will relinquish additional market share following last week's departure of founder and Chairman John Schnatter," wrote Maxim Group analyst Stephen Anderson in a note on Tuesday, July 17.
Allison does appear to have excellent timing. Here's his report card from TheStreet.