First E II 0 0 0 E E 0 0 a II E 1 H D-Keine We like Domino's Pizza, Inc. (NYSE:DPZ) here at $410 for a long-term buy. Shares have corrected some 24% from highs, and we think this sets up entry for investors. This comes following its just-reported quarterly earnings showed a nice profit beat, but some questions surrounding international growth and comparable sales have led to the Street taking some caution. While consumers are certainly pressured by rampant inflation, and restaurant input costs for ingredien ...

Domino's Pizza, Inc. (DPZ) reported mixed second-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top and the bottom line increased from the prior-year quarter's figure. Earnings & Revenue Discussion Revenues of $1.09 billion missed the consensus mark of $1.1 billion. The top line increased 7.1% on a yearover-year basis. The upside can be attributed to higher revenues from the supply chain courtesy of higher order volumes and an increase in t ...

Domino's Pizza, Inc. (NYSE:DPZ) Q2 2024 Earnings Conference Call July 18, 2024 8:30 AM ET Company Participants Greg Lemenchick - VP of IR Russell Weiner - CEO Sandeep Reddy - CFO Conference Call Participants Dennis Geiger - UBS Brian Bittner - Oppenheimer David Tarantino - Baird Andrew Charles - TD Cowen David Palmer - Evercore ISI Lauren Silberman - Deutsche Bank Gregory Francfort - Guggenheim John Ivankoe - JPMorgan Sara Senatore - Bank of America Danilo Gargiulo - Bernstein Peter Saleh - BTIG Chris O'Cul ...

The Domino's Pizza earnings report starts with its diluted earnings per share of $4.03. That's better than Wall Street's estimate of $3.65 per share. It's also a 30.8% improvement year-over-year compared to $3.08. "For the second straight quarter we drove U.S. comp performance in the healthiest way possible, through profitable order count growth. We had positive order counts in our delivery and carryout businesses, and across all income cohorts. Our strategy is resonating with customers and our system, whic ...

Core Insights - Domino's Pizza reported an earnings surprise of 8.92%, with actual earnings of $3.58 per share compared to the expected $3.37 per share, marking a surprise of 6.23% in the previous quarter [1] - The company posted revenues of $1.1 billion for the quarter ended June 2024, which was 0.64% below the Zacks Consensus Estimate, but an increase from $1.02 billion in the same quarter last year [2] - The stock has increased by approximately 14.8% year-to-date, while the S&P 500 has gained 17.2% during the same period [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $3.68 on revenues of $1.11 billion, and for the current fiscal year, it is $16.03 on revenues of $4.83 billion [5] - The estimate revisions trend for Domino's Pizza is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [11] Industry Context - The Retail - Restaurants industry, to which Domino's belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges ahead [12] - Another competitor in the industry, Wendy's, is expected to report revenues of $578.51 million, reflecting a 3% increase from the previous year [7]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 16, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-32242 Domino's Pizza, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 38-2511577 (State or Other Jurisdiction ...

Global Retail Sales and Store Growth - Global retail sales growth (excluding foreign currency impact) of 7.2% in Q2 2024, with U.S. same store sales growth of 4.8% and international same store sales growth (excluding foreign currency impact) of 2.1%[2] - Global net store growth of 175 in Q2 2024[2] - Store count increased by 175 net stores in Q2 2024, with total stores reaching 20,930[22] - The company projects global net store growth of 825 to 925 in 2024, with 175+ net stores annually in the U.S. from 2024 to 2028[26] - International net store growth is expected to fall 175 to 275 stores below the 2024 goal of 925+ due to challenges faced by Domino's Pizza Enterprises (DPE)[26] - The company has temporarily suspended its guidance metric of 1,100+ global net stores until the impact of DPE's store operations is clear[26] - Global retail sales growth is driven by same store sales growth and net store growth, excluding foreign currency impact[27] Financial Performance and Net Income - Net income increased by $32.6 million, or 29.8%, in Q2 2024 compared to Q2 2023, driven by a $26.4 million change in pre-tax unrealized gains and losses from the remeasurement of the investment in DPC Dash Ltd[4] - Diluted EPS increased by $0.95, or 30.8%, to $4.03 in Q2 2024 compared to $3.08 in Q2 2023[4] - Net income for Q2 2024 was $141.98 million, a 12.9% increase compared to $109.38 million in Q2 2023[16] - Net income increased to $267.8 million, up 25% from $214.2 million in the previous year[36] Cash Flow and Free Cash Flow - Net cash provided by operating activities was $274.2 million in the two fiscal quarters of 2024, up 13.2% from $242.3 million in the same period of 2023[4] - Free cash flow increased to $230.5 million in the two fiscal quarters of 2024, up 12.8% from $204.3 million in the same period of 2023[4] - The company uses "free cash flow" as a key metric, calculated as net cash provided by operating activities minus capital expenditures[27] - Net cash provided by operating activities rose to $274.2 million, a 13% increase from $242.3 million[36] - Capital expenditures totaled $43.7 million, up 15% from $38.0 million in the prior year[36] Revenue Growth - Total revenues increased by 7.1% to $1,097.7 million in Q2 2024 compared to $1,024.6 million in Q2 2023[6] - Revenues increased by $73.1 million, or 7.1%, in Q2 2024 compared to Q2 2023, driven by higher supply chain, U.S. franchise advertising, and U.S. franchise royalties and fees revenues[23] - Total revenues for Q2 2024 were $1.097 billion, up from $1.024 billion in Q2 2023[16] - U.S. franchise advertising revenues increased to $124.96 million in Q2 2024 from $111.46 million in Q2 2023[16] Gross Margin and Costs - U.S. Company-owned store gross margin decreased by 1.0 percentage point in Q2 2024 due to higher insurance and labor costs, partially offset by higher customer transaction counts[23] - Supply chain gross margin increased by 0.4 percentage points in Q2 2024, primarily due to procurement productivity, partially offset by investments in supply chain labor[23] Share Repurchases and Stock - The company repurchased and retired 56,372 shares of common stock for $25.0 million during the first two fiscal quarters of 2024[25] - As of June 16, 2024, the company had $1.12 billion remaining authorized for share repurchases[25] - Purchases of common stock decreased significantly to $25.0 million, down 79% from $120.8 million[36] - Proceeds from exercise of stock options surged to $31.5 million, compared to $1.1 million in the previous year[36] Cash and Cash Equivalents - Cash and cash equivalents increased to $283.7 million as of June 16, 2024, up from $114.1 million as of December 31, 2023[18] - Cash and cash equivalents, including restricted cash, grew to $560.7 million, up 38% from $405.8 million[36] - Change in cash and cash equivalents, including restricted cash, increased to $157.5 million, up 14x from $10.6 million[36] Leverage Ratio and Debt - Leverage ratio improved to 5.0x in the two fiscal quarters of 2024, down from 5.6x in the same period of 2023[6] - The leverage ratio improved to 5.0x from 5.6x[28] - Repayments of long-term debt decreased to $14.8 million, down 46% from $27.2 million[36] International Performance - International stores retail sales growth (excluding foreign currency impact) was 7.2% in Q2 2024, including the impact of the Russia market[3] - U.S. franchise stores same store sales growth of 4.8% in Q2 2024, compared to a decline of 0.1% in Q2 2023[5] Forward-Looking Statements and Risks - The company emphasizes the importance of understanding risks and uncertainties in forward-looking statements, including factors like foreign currency exchange rates and economic conditions[31] Equity-Based Compensation - Non-cash equity-based compensation expense increased to $22.0 million, up 29% from $17.1 million[36] Investments and Unrealized Gains/Losses - Unrealized loss on investments decreased to $7.3 million, down 51% from $15.0 million[36] Segment Income - The company's trailing four quarters segment income is $981,130, compared to $888,825 in the previous period[28] Annual Growth Expectations - The company expects 7%+ annual global retail sales growth and 8%+ annual income from operations growth, excluding foreign currency impact[26]

| --- | --- | --- | |-----------------------------------------------------------------------------------|-----------------|-------------------------------------------| | | | | | | | | | | June 16, 2024 | Two Fiscal Quarters Ended June 18, 2023 | | (In thousands) Cash flows from operating activities: | | | | | | | | Net income | $ 267,802 | $ 214,150 | | Adjustments to reconcile net income to net cash provided by operating activities: | | | | Depreciation and amortization | 40,218 | 36,731 | | Refranchising ...

Domino's Pizza, Inc. DPZ will release its financial results for the second quarter, before the opening bell on Thursday. On Monday, Wedbush analyst Nick Setyan reiterated Domino's Pizza with an Outperform rating and maintained a $575 price target. To figure out how to earn $500 monthly from Domino's, we start with the yearly target of $6,000 ($500 x 12 months). So, an investor would need to own approximately $486,421 worth of Domino's, or 993 shares to generate a monthly dividend income of $500. Also Read: ...

Domino's Pizza, Inc. (DPZ) is scheduled to report second-quarter 2024 results on Jul 18, before the opening bell. In the last reported quarter, DPZ's earnings surpassed the Zacks Consensus Estimate by 6.2%. Factors to Note Our model suggests total U.S. store revenues to grow 5.2% from the year-ago levels to $356.2 million. Per our model, supply-chain revenues should rise 5.2% from the prior-year actuals to $647.9 million. What the Zacks Model Unveils Domino's has an Earnings ESP of +4.10% and a Zacks Rank # ...