About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Domino's Pizza, Inc. (DPZ) reported mixed first-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased from the prior-year quarter’s figure. Following the announcement, the company’s shares inched up 5.2% in the pre-market trading session.During the quarter, the company reported benefits from the Hungry for MORE strategy, registering heightened sales, expanding store presence and increasing profits. It reported solid growth in the ...

Domino's Pizza, Inc. (NYSE:DPZ) Q1 2024 Earnings Conference Call April 29, 2024 8:30 AM ET Company Participants Greg Lemenchick - Vice President of Investor Relations Russell Weiner - Chief Executive Officer Sandeep Reddy - Chief Financial Officer Conference Call Participants Andrew Charles - TD Cowen Dennis Geiger - UBS Brian Bittner - Oppenheimer Sara Senatore - Bank of America David Palmer - Evercore ISI Lauren Silberman - Deutsche Bank Danilo Gargiulo - Bernstein Gregory Francfort - Guggenheim John Ivan ...

Domino’s said its decision to relaunch its rewards program last year is paying off.The quick-service pizza chain released quarterly earnings results Monday (April 29) showing a 5.6% increase in U.S. sales, with management pointing to the rewards program as a driver of that growth.“The program is delivering on our objectives,” CEO Russell Weiner said on an earnings call. “Active member growth rates are up significantly since the launch of our new program; from a percentage, our biggest increases are coming f ...

Key TakeawaysDomino's Pizza shares gained in early trading Monday as the chain's loyalty program and agreement with Uber Eats helped boost first-quarter results.The world's largest pizza company beat estimates for profit, revenue, and same-store sales.Domino's began marketing on Uber Eats during the period, and CEO Russell Weiner said the company expects to end the year with 3% higher sales thanks to the deal. Shares of Domino’s Pizza (DPZ) rose over 3% in early trading Monday after the pizza delivery chain ...

Domino's Pizza (DPZ) reported $1.08 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 5.9%. EPS of $3.58 for the same period compares to $2.93 a year ago.The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $1.08 billion. With the consensus EPS estimate being $3.37, the EPS surprise was +6.23%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Domino’s (NYSE:DPZ) stock is on the rise Monday as investors celebrate positive results from the company’s Q1 2024 earnings report.That report starts with adjusted earnings per share of $3.58. This is better than the $3.40 per share that Wall Street was expecting for the quarter. It’s also a 22.2% increase year-over-year from the $2.93 per share reported in Q1 2023.Adding to that is Domino’s revenue of $1.08 billion for the quarter. That’s another win as it matches what analysts were expecting for the perio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q Commission file number: 001-32242 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 24, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Domino's Pizza, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 38-2511577 (State or Other Jurisdictio ...

Sales Growth - Global retail sales growth (excluding foreign currency impact) was 7.3% in Q1 2024, compared to 5.9% in Q1 2023[4] - U.S. same store sales growth was 5.6%, with U.S. Company-owned stores achieving 8.5% growth[4][6] - International same store sales growth (excluding foreign currency impact) was 0.9%, with total international retail sales growth at 6.1% when including the Russia market[4][5] - The company expects annual global retail sales growth of 7%+, with 1,100+ annual global net store growth and 8%+ annual income from operations growth for the period 2024-2028[15] Revenue and Income - Total revenues increased by $60.2 million, or 5.9%, to $1,084.6 million in Q1 2024[8] - Net income increased by $21.1 million, or 20.1%, to $125.8 million in Q1 2024[14] - Diluted earnings per share (EPS) increased by 22.2% to $3.58 in Q1 2024[14] - Total revenues for the first quarter of 2024 reached $1,084,647,000, a 5.9% increase from $1,024,398,000 in the first quarter of 2023[32] - Net income for the first quarter of 2024 was $125,824,000, representing an increase of 20.1% compared to $104,770,000 in the same period last year[32] - Earnings per share (diluted) increased to $3.58 in the first quarter of 2024, up from $2.93 in the first quarter of 2023[32] Operational Performance - Income from operations rose by $32.9 million, or 18.6%, to $210.4 million in Q1 2024[8] - The gross margin improved to 38.9% in the first quarter of 2024, up from 37.6% in the first quarter of 2023[32] - The company reported a trailing four quarters segment income of $977,348,000, compared to $870,164,000 in the previous year[24] Store Expansion - The company opened 203 net new stores globally in Q1 2024, with a total of 20,755 stores[7] Financial Ratios and Assets - The leverage ratio improved to 5.0x from 5.7x year-over-year[8] - The leverage ratio decreased to 5.0x in the first quarter of 2024 from 5.7x in the first quarter of 2023[24] - Total assets increased to $1,744,742,000 as of March 24, 2024, up from $1,674,899,000 on December 31, 2023, representing a growth of approximately 4.15%[34] Cash Flow and Liabilities - Cash and cash equivalents at the end of the period rose to $203,894,000, up from $154,193,000, marking a significant increase of approximately 32.2%[37] - Total current liabilities decreased to $509,593,000 from $547,350,000, a reduction of about 6.88%[34] - Net cash provided by operating activities was $123,464,000 for the quarter, compared to $114,682,000 in the prior year, indicating a growth of approximately 7.8%[37] Capital Expenditures and Stockholders' Equity - Capital expenditures for the quarter were $20,181,000, slightly higher than $19,031,000 in the same quarter last year, reflecting an increase of about 6.05%[37] - The total stockholders' deficit improved to $(4,008,330,000) from $(4,070,367,000), a positive change of approximately 1.52%[34] Other Financial Metrics - International franchise royalty revenues for the first quarter of 2024 were $71,966,000, compared to $69,671,000 in the first quarter of 2023, reflecting a growth of 3.7%[32] - U.S. franchise royalties and fees increased to $150,518,000 in the first quarter of 2024, up from $132,864,000 in the first quarter of 2023, marking a growth of 13.3%[32] - The company generated over $18.5 billion in global retail sales for the trailing four quarters ended March 24, 2024[27] - Long-term debt, less current portion, remained relatively stable at $4,973,812,000 compared to $4,934,062,000, showing a slight increase of 0.8%[34] - The company reported a non-cash equity-based compensation expense of $11,338,000, up from $7,538,000, which is an increase of approximately 50.5%[37] - The effect of exchange rate changes on cash was a loss of $672,000, compared to a loss of $186,000 in the previous year, indicating a worsening of approximately 261.29%[37]

Global retail sales growth (excluding foreign currency impact) of 7.3% U.S. same store sales growth of 5.6%  International same store sales growth (excluding foreign currency impact) of 0.9% Global net store growth of 164 Income from operations increased 18.6%; excluding the negative impact of foreign currency exchange rates on international franchise royalty revenues of $1.4 million, income from operations increased 19.4% ANN ARBOR, Mich., April 29, 2024 /PRNewswire/ -- Domino's Pizza, Inc. (NYSE: DPZ), th ...