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 September 8, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | --- | |----------------------------------------------------------------------------|-------------------------------------------------- ...

Financial Performance - Total revenues for Q3 2024 increased by $52.8 million, or 5.1%, to $1,080.1 million compared to Q3 2023[5] - Income from operations rose by $9.4 million, or 5.0%, to $198.8 million in Q3 2024, with a 5.7% increase when excluding the negative impact of foreign currency exchange rates[5] - Diluted earnings per share (EPS) increased by $0.01, or 0.2%, to $4.19 in Q3 2024 despite a slight decrease in net income[6] - Net income for the quarter was $146,924, slightly down from $147,676 in the previous year, resulting in a net income margin of 13.6% compared to 14.4%[19] - The gross margin improved to 39.2% for the quarter, up from 38.8% in the same quarter last year, indicating better cost management[19] - For the three fiscal quarters ended September 8, 2024, total revenues were $3,262,502, a 6.0% increase from $3,076,386 in the prior year[20] - The company reported a net income of $414,726 for the three quarters, up from $361,826, achieving a net income margin of 12.7% compared to 11.8%[20] Cash Flow and Capital Expenditures - Free cash flow for the three fiscal quarters of 2024 was $376.1 million, up from $362.9 million in the same period of 2023[6] - Net cash provided by operating activities was $446,879, up from $422,130, reflecting a growth of 5.9% year-over-year[22] - Capital expenditures increased to $70,801 from $59,271, representing an increase of 19.5%[22] - Net cash used in investing activities was $71,895, compared to $60,014, indicating a rise of 19.8%[22] - Net cash used in financing activities decreased to $312,998 from $337,194, a reduction of 7.1%[22] - Cash and cash equivalents at the end of the period were $189,084, significantly higher than $80,879 at the end of the previous year[22] - The total cash and cash equivalents, including restricted cash, at the end of the period was $464,530, compared to $419,822, showing an increase of 10.6%[22] Store Growth and Sales Performance - Global retail sales growth (excluding foreign currency impact) was 5.1% in Q3 2024, with U.S. same store sales growth at 3.0% and international same store sales growth at 0.8%[1] - Net store growth globally was 72 in Q3 2024, with 24 net new stores in the U.S. and 48 internationally[4] - The company anticipates continued growth in same store sales and net store growth, driven by its strategic initiatives and market expansion plans[17] - Same store sales growth for international markets was reported excluding foreign currency impacts, indicating a focus on local currency performance[14] Shareholder Returns and Dividends - The company repurchased 443,302 shares for $190.0 million in Q3 2024, with a remaining authorized amount for share repurchases of $926.3 million[8] - A quarterly dividend of $1.51 per share was declared, payable on December 27, 2024[7] Tax and Leverage - The effective tax rate increased to 20.4% in Q3 2024 from 15.9% in Q3 2023, impacting net income[5] - The leverage ratio for the third quarter of 2024 was 4.9x, down from 5.5x in the same quarter of 2023[13] - The company reviews its leverage ratio quarterly to assess its capital structure and ability to meet financial obligations[12] Assets and Liabilities - Cash and cash equivalents increased to $189,084 as of September 8, 2024, from $114,098 at the end of December 31, 2023[21] - Total assets grew to $1,775,066 as of September 8, 2024, compared to $1,674,899 at the end of December 31, 2023[21] - The company’s long-term debt, less current portion, stood at $4,970,687 as of September 8, 2024, compared to $4,934,062 at the end of December 31, 2023[21] Other Financial Metrics - The total cost of sales for the quarter was $656,372, representing 60.8% of total revenues, a slight decrease from 61.2% in the previous year[19] - Interest expense, net, decreased to $(40,387) for the quarter, improving from $(42,089) in the same quarter last year[19] - The company experienced a provision for losses on accounts and notes receivable of $250, a decrease from $1,342, indicating improved receivables management[22] - The unrealized gain on investments was $(18,871), compared to $(13,267) in the previous year, reflecting a decline in investment performance[22] - Segment income for the third quarter of 2024 was $229.3 million, compared to $217.3 million in the third quarter of 2023, reflecting a year-over-year increase of approximately 5.8%[13] - Global retail sales for the trailing four quarters ended September 8, 2024, exceeded $18.9 billion[16] - The company generated over 85% of U.S. retail sales in 2023 through digital channels, showcasing the effectiveness of its digital ordering platforms[16] - The company has a significant franchise model, with independent franchise owners accounting for 99% of its stores as of the end of the third quarter of 2024[16] - The company has excluded the impact of the Russia market from its global retail sales growth metrics, considering the stores closed as of August 21, 2023[14]

LOS ANGELES, Oct. 9, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Domino's Pizza, Inc. ("Dominos" or "the Company") (NYSE: DPZ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of DPZ during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead pl ...

NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Domino's Pizza, Inc. (NYSE: DPZ) between December 7, 2023 and July 17, 2024, both dates inclusive (the "Class Period"), of the important November 19, 2024 lead plaintiff deadline. SO WHAT: If you purchased Domino's securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. ...

Core Viewpoint - A securities class action lawsuit has been filed against Domino's Pizza, Inc. for alleged misleading statements regarding its growth prospects during a specified class period [1][5]. Company Overview - Domino's operates as a global pizza company through both company-owned and franchised stores, with its largest master franchisee being Domino's Pizza Enterprises (DPE) [3]. - As of December 31, 2023, DPE operated 3,840 stores across 12 international markets, representing approximately 28% of Domino's international store count and 19% of its global store count [3]. Financial Guidance - During the 2023 Investor Day in December, Domino's announced a new long-term guidance of "1,100+" annual global net store growth for the years 2024 to 2028 [4]. Lawsuit Details - The lawsuit claims that during the class period, the defendants made false or misleading statements and failed to disclose significant challenges faced by DPE regarding new store openings and closures, which could hinder Domino's ability to meet its growth guidance [5].

Domino's is partnering with Amazon's Twitch and Olive & June to bring Emergency Pizzas to customers in new and unexpected ways ANN ARBOR, Mich., Oct. 8, 2024 /PRNewswire/ -- Domino's Emergency Pizza program is back and bigger than ever! Domino's Pizza Inc. (NYSE: DPZ) is once again offering customers a free medium, two-topping pizza to use whenever they need it most. Any Domino's customer who places a qualifying online order today through Jan. 19, 2025, can earn an Emergency Pizza, available for redemption ...

SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities who purchased or otherwise acquired Domino's Pizza, Inc. (NYSE: DPZ) securities between December 7, 2023 and July 17, 2024. Domino's, through its subsidiaries, operates as a global pizza company that offers pizzas and other food products under the Domino's brand name through Company-owned and franchised stores. For more information, submit a form, email att ...

Core Viewpoint - Domino's Pizza, Inc. is set to report its third-quarter 2024 results on October 10, with expectations of a decline in earnings but growth in revenues compared to the previous year [1][2]. Group 1: Earnings and Revenue Estimates - The Zacks Consensus Estimate for earnings is $3.67 per share, reflecting a 12.2% decline from the same quarter last year [2]. - Revenue estimates are pegged at $1.10 billion, indicating a growth of 7.1% year-over-year [2]. Group 2: Factors Influencing Performance - The company's top line is expected to benefit from expansion efforts, same-store sales growth, and digital enhancements [3]. - The "Hungry for MORE" strategy, aimed at increasing transaction growth in delivery and carryout segments, is likely to positively impact revenues [3]. - New menu items, such as the New York Style Pizza, are anticipated to contribute to sales growth [3]. Group 3: International and Domestic Performance - Strong sales momentum in key markets like China and India is expected to drive revenue growth [4]. - U.S. company-owned store revenues are predicted to grow 7.8% year-over-year to $362.5 million, while supply-chain revenues are expected to rise 6.7% to $659.5 million [5]. Group 4: Cost Pressures and Margins - Earnings are anticipated to decline due to rising costs, particularly in labor and technology investments, with no expected cost leverage in 2024 [6]. - Higher general and administrative expenses, partly due to a worldwide rally event, are likely to negatively impact margins [6]. - The gross margin for the quarter is expected to be 38.7%, slightly down from 38.8% in the prior year [7]. Group 5: Earnings Prediction Model - The Zacks model predicts an earnings beat for Domino's, supported by a positive Earnings ESP of +0.26% and a Zacks Rank of 3 [8].

Core Viewpoint - Analysts expect Domino's Pizza (DPZ) to report quarterly earnings of $3.67 per share, reflecting a year-over-year decline of 12.2%, while revenues are projected to be $1.1 billion, an increase of 7.1% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised 0.3% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [1][2] Revenue Projections - U.S. franchise advertising revenues are expected to reach $123.87 million, indicating an 11.1% increase year-over-year [4] - Revenues from U.S. company-owned stores are projected at $92.02 million, reflecting a 6.7% year-over-year increase [4] - Supply chain revenues are estimated at $662.87 million, showing a 7.3% increase from the prior year [5] - International franchise royalties and fees are expected to be $77.99 million, indicating a 6.6% year-over-year increase [5] Same Store Sales Growth - Analysts forecast same store sales growth for international stores to be 2.8%, down from 3.3% in the previous year [5] Store Counts - Total U.S. store count is expected to reach 6,945, up from 6,762 in the same quarter last year [6] - Total store count globally is projected at 21,100, compared to 20,197 in the same quarter last year [6] - International store count is expected to be 14,155, up from 13,435 in the previous year [7] - U.S. franchise store count is projected at 6,655, compared to 6,474 last year [7] - U.S. company-owned store count is expected to be 290, slightly up from 288 last year [7] New Store Openings - Analysts predict that 187 international stores will be opened, slightly down from 190 in the same quarter last year [8] - Total U.S. stores opened are estimated at 44, compared to 28 in the previous year [8] Stock Performance - Domino's Pizza shares have increased by 4.1% over the past month, closely following the Zacks S&P 500 composite's increase of 4.3% [8]

Core Viewpoint - A class action lawsuit has been filed against Domino's Pizza, Inc. for allegedly misleading investors regarding its business operations and financial prospects during the Class Period from December 7, 2023, to July 17, 2024 [1][4]. Group 1: Class Action Details - Investors have until November 19, 2024, to file a lead plaintiff motion in the class action lawsuit [1][6]. - The lawsuit claims that Domino's made materially false and misleading statements about its business and operations, particularly regarding its largest master franchisee, Domino's Pizza Enterprises (DPE) [4]. Group 2: Financial Impact - On July 18, 2024, Domino's reported that it expects to fall 175 to 275 stores short of its 2024 goal of 925+ net stores due to challenges faced by DPE [3]. - Following this announcement, Domino's stock price dropped by $64.23, or 13.6%, closing at $409.04 per share [3]. Group 3: Allegations Against the Company - The complaint alleges that Domino's failed to disclose significant challenges faced by DPE regarding new store openings and closures [4]. - It is claimed that these undisclosed issues led to an overstatement of Domino's business and financial prospects, making previous positive statements materially misleading [4].