Domino’s Pizza(DPZ)

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Domino's Pizza shares slip on revenue miss
Proactiveinvestors NA· 2025-04-28 13:10
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 (DPZ) Tops Q1 Earnings Estimates
ZACKS· 2025-04-28 12:15
Domino's Pizza (DPZ) came out with quarterly earnings of $4.33 per share, beating the Zacks Consensus Estimate of $4.12 per share. This compares to earnings of $3.58 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.10%. A quarter ago, it was expected that this pizza chain would post earnings of $4.93 per share when it actually produced earnings of $4.89, delivering a surprise of -0.81%. There are no easy answers to this key ...
Domino’s Pizza(DPZ) - 2026 Q1 - Quarterly Report
2025-04-28 10:10
Retail Sales Performance - Global retail sales for the first quarter of 2025 reached $4,464.3 million, a 2.3% increase compared to $4,364.1 million in the first quarter of 2024[74]. - U.S. retail sales increased by 1.3% to $2,240.8 million, while international retail sales, excluding foreign currency impact, grew by 8.2% to $2,223.5 million[76][77]. - Same store sales in U.S. stores declined by 0.5%, while international same store sales, excluding foreign currency impact, increased by 3.7%[79]. Store Count and Operations - The total number of stores decreased by 8, with 17 net store openings in the U.S. and 25 net store closures internationally[77]. - The company aims to expand its store count and enhance profitability through its "Hungry for MORE" strategy, focusing on sales growth and operational excellence[70][68]. - The franchise model continues to provide strong returns, with approximately 99% of global stores operated by independent franchisees[64]. Financial Performance - Total revenues for the first quarter of 2025 were $1,112.1 million, a 2.5% increase from $1,084.6 million in the first quarter of 2024[84]. - Income from operations decreased by 0.2% to $210.1 million in the first quarter of 2025 compared to $210.4 million in the first quarter of 2024[82]. - Net income for the first quarter of 2025 was $149.7 million, representing a 19.0% increase from $125.8 million in the first quarter of 2024[82]. Revenue Streams - Supply chain revenues increased by 1.1% to $669.9 million, driven by a 4.8% increase in food basket pricing[84]. - U.S. company-owned store revenues decreased by $1.0 million, or 1.1%, in Q1 2025, with same store sales declining by 2.9%[86]. - U.S. franchise royalties and fees revenues increased by $0.5 million, or 0.3%, in Q1 2025, with same store sales declining by 0.4%[87]. - U.S. franchise advertising revenues increased by $13.7 million, or 12.4%, in Q1 2025, due to a return to the standard advertising contribution rate[88]. - International franchise royalties and fees revenues increased by $3.6 million, or 5.0%, in Q1 2025, despite a $3.2 million negative impact from foreign currency exchange rates[90]. Margins and Expenses - Consolidated gross margin increased by $21.2 million, or 5.0%, in Q1 2025, with gross margin percentage rising to 39.8%[93][94]. - U.S. company-owned store gross margin decreased by $1.5 million, or 9.3%, in Q1 2025, with gross margin percentage declining to 16.0%[95]. - General and administrative expenses increased by $8.1 million, or 8.0%, in Q1 2025, primarily due to severance expenses[99]. Tax and Debt - Provision for income taxes increased by $19.0 million, or 80.1%, in Q1 2025, with the effective tax rate rising to 22.3%[103]. - As of March 23, 2025, the company had approximately $4.98 billion in long-term debt, with $1.15 billion classified as a current liability[116]. - The company expects to refinance the 2018 7.5-Year Notes and 2015 Ten-Year Notes prior to their anticipated repayment date in October 2025[117]. Shareholder Returns - The company repurchased and retired 115,280 shares of common stock for approximately $50.0 million in Q1 2025, with a remaining authorized amount for share repurchases of approximately $764.3 million[120]. - A quarterly dividend of $1.74 per share was declared on February 19, 2025, with approximately $61.4 million accrued for common stock dividends as of March 23, 2025[121]. Cash Flow - Net cash provided by operating activities increased by $55.6 million in Q1 2025 compared to Q1 2024, totaling $179.1 million[123]. - Cash used in investing activities was $16.0 million in Q1 2025, primarily for capital expenditures of $14.7 million[125]. - Cash used in financing activities was $51.9 million in Q1 2025, including $50.0 million for common stock repurchase and $8.2 million for tax payments related to restricted stock[126]. Currency Risks - Approximately 6.8% of total revenues in Q1 2025 were derived from international franchise operations, which are subject to foreign currency exchange risks[134]. - A hypothetical 10% adverse change in foreign currency rates could have resulted in a negative impact on royalty revenues of approximately $7.4 million in Q1 2025[134]. - The company had a Holdco Leverage Ratio of less than 5.0x as of the end of Q1 2025, allowing for the classification of certain notes as long-term debt[116].
Domino’s Pizza(DPZ) - 2026 Q1 - Quarterly Results
2025-04-28 10:05
Financial Performance - Total revenues for Q1 2025 were $1,112.1 million, a 2.5% increase from $1,084.6 million in Q1 2024[5]. - Net income rose by $23.8 million, or 18.9%, in Q1 2025, driven by a favorable change in pre-tax unrealized gains and losses[8]. - Diluted earnings per share increased to $4.33 in Q1 2025, up 21.0% from $3.58 in Q1 2024[8]. - Net income for the first quarter of 2025 was $149,651,000, compared to $125,824,000 in the same quarter of 2024, reflecting a year-over-year increase of 19.0%[26]. - Consolidated Adjusted EBITDA for the trailing four quarters was $1,010,933,000, up from $977,348,000 in the previous year, indicating a growth of 3.4%[19]. - The gross margin for the first quarter of 2025 was 39.8%, up from 38.9% in the same quarter of 2024[26]. Cash Flow and Assets - Free cash flow for Q1 2025 was $164.4 million, a 59.1% increase compared to $103.3 million in Q1 2024[8]. - Cash and cash equivalents increased to $304,320,000 as of March 23, 2025, from $186,126,000 at the end of December 2024[28]. - Total assets grew to $1,877,619,000 as of March 23, 2025, compared to $1,737,013,000 at the end of December 2024[28]. - Net cash provided by operating activities increased to $179,076,000, up from $123,464,000, reflecting a growth of approximately 45%[30]. - The total cash and cash equivalents, including restricted cash, at the end of the period was $573,934,000, up from $469,645,000, reflecting an increase of approximately 22%[30]. Store Operations - The company experienced a net store decline of 8, with 17 net openings in the U.S. and 25 closures internationally[1]. - The company operates over 21,300 stores globally, with 99% being independent franchise owners[21]. Dividends and Shareholder Returns - The company declared a quarterly dividend of $1.74 per share, payable on June 30, 2025[6]. - The company repurchased $50,000,000 in common stock during the quarter, compared to $25,000,000 in the previous year, representing a 100% increase[30]. Leverage and Financial Ratios - The leverage ratio improved to 4.9x in Q1 2025 from 5.0x in Q1 2024[5]. - The leverage ratio as of March 23, 2025, was 4.9x, slightly improved from 5.0x in the previous year[19]. Sales Performance - Global retail sales increased by $100.2 million, or 4.7%, in Q1 2025 compared to Q1 2024, with U.S. stores growing by 1.3% and international stores by 8.2%[4]. - U.S. same store sales declined by 0.5% in Q1 2025, while international same store sales grew by 3.7% excluding foreign currency impact[4]. - Global retail sales exceeded $19.2 billion in the trailing four quarters ended March 23, 2025[21]. - U.S. franchise royalties and fees for the first quarter of 2025 were $151,000,000, compared to $150,518,000 in the first quarter of 2024, showing a marginal increase[26]. Operating Performance - Income from operations decreased by 0.2% to $210.1 million in Q1 2025, but increased by 1.4% when excluding foreign currency impacts[5]. - The company experienced a net unrealized gain on investments of $24,027,000, compared to a loss of $18,699,000 in the previous year[30]. - Changes in operating assets and liabilities contributed positively with an increase of $34,244,000, compared to a decrease of $9,961,000 in the prior year[30]. - Capital expenditures decreased to $14,745,000 from $20,181,000, indicating a reduction of about 27%[30]. - The company reported a loss on the sale/disposal of assets amounting to $266,000, compared to $90,000 in the previous year[30].
Domino's Pizza® Announces First Quarter 2025 Financial Results
Prnewswire· 2025-04-28 10:05
Global retail sales growth (excluding foreign currency impact) of 4.7%U.S. same store sales decline of 0.5%International same store sales growth (excluding foreign currency impact) of 3.7%Global net store decline of 8, including 17 net store openings in the U.S. and 25 net store closures internationallyIncome from operations decreased 0.2%; excluding the $3.2 million negative impact of foreign currency exchange rates on international franchise royalty revenues, income from operations increased 1.4%ANN ARBOR ...
Warren Buffett Sells His S&P 500 Index Funds Before the Market Crash and Buys a Restaurant Stock Up 375% in 10 Years
The Motley Fool· 2025-04-27 07:40
On April 2, President Donald Trump unveiled his "Liberation Day" tariffs, which included a 10% tax on most imported goods and heavier country-specific duties dubbed reciprocal tariffs. The news stunned Wall Street. The S&P 500 (^GSPC 0.74%) declined 12% during the next five trading days, leaving the index 19% below the record high reached in February.Ahead of that tariff-driven market crash, Warren Buffett's Berkshire Hathaway made two interesting capital allocation decisions in the fourth quarter. Of cours ...
How To Earn $500 A Month From Domino's Pizza Stock Ahead Of Q1 Earnings
Benzinga· 2025-04-25 12:32
Domino’s Pizza, Inc. DPZ will release earnings results for the first quarter, before the opening bell on Monday, April 28.Analysts expect the Ann Arbor, Michigan-based company to report quarterly earnings at $4.05 per share. That’s an increase from $3.58 per share in the year-ago period. Domino’s projects to report quarterly revenue at $1.12 billion, compared to $1.08 billion a year earlier, according to data from Benzinga Pro.On Wednesday, Baird analyst David Tarantino maintained Domino’s Pizza with an Out ...
Domino's to Report Q1 Earnings: What's in the Offing for the Stock?
ZACKS· 2025-04-24 13:35
Domino's Pizza, Inc. (DPZ) is scheduled to report first-quarter 2025 results on April 28, before the opening bell. In the last reported quarter, DPZ’s earnings missed the Zacks Consensus Estimate by 0.8%.The company’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average beat being 6.8%.DPZ’s Q1 EstimatesThe Zacks Consensus Estimate for earnings is pegged at $4.12 per share, which implies a 15.1% increase from the prior-year quarter’s reported fi ...
Countdown to Domino's Pizza (DPZ) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2025-04-23 14:21
Core Viewpoint - Analysts expect Domino's Pizza to report quarterly earnings of $4.12 per share, reflecting a year-over-year increase of 15.1%, with revenues projected at $1.12 billion, up 3.3% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 0.2% in the past 30 days, indicating a reassessment by covering analysts [1][2]. Revenue Projections - U.S. franchise advertising revenues are expected to reach $121.94 million, a 10.6% increase year-over-year [4]. - Revenues from U.S. company-owned stores are projected at $93.53 million, reflecting a 1% year-over-year change [4]. - Supply chain revenues are estimated at $678.46 million, indicating a 2.9% increase from the prior year [4]. - International franchise royalties and fees are expected to be $74.01 million, up 2.8% from the previous year [5]. Store Count Estimates - Total U.S. store count is projected to reach 7,036, compared to 6,874 in the same quarter last year [5]. - Total store count is estimated at 21,451, up from 20,755 year-over-year [5]. - International store count is expected to be 14,414, compared to 13,881 last year [6]. - U.S. franchise store count is projected at 6,743, up from 6,585 year-over-year [6]. - U.S. company-owned store count is estimated at 294, compared to 289 last year [6]. Same Store Sales Growth - Same store sales growth for U.S. company-owned stores is expected to be 0.8%, down from 8.5% in the same quarter last year [7]. - Same store sales growth for U.S. stores is projected at 1.2%, compared to 5.6% in the previous year [7]. - Same store sales growth for U.S. franchise stores is estimated at 1.0%, down from 5.5% year-over-year [8]. Stock Performance - Over the past month, shares of Domino's Pizza have returned +5.6%, contrasting with the Zacks S&P 500 composite's -6.6% change [9].
Spring Has Sprung with Domino's® 50% Off Pizza Deal
Prnewswire· 2025-04-21 11:07
Group 1 - Domino's Pizza is offering a 50% discount on all menu-priced pizzas ordered online from April 21-27, 2025 [1][2][3] - The promotion is aimed at enhancing customer engagement during the spring season, providing an opportunity for casual dining or gatherings [3] - Domino's offers a variety of crust options and specialty pizzas to cater to diverse customer preferences [3] Group 2 - Founded in 1960, Domino's Pizza is the largest pizza company globally, with over 21,300 stores in more than 90 markets [4] - In 2024, Domino's reported global retail sales exceeding $19.1 billion, with a significant portion of sales generated through digital channels [4] - Independent franchise owners operate 99% of Domino's stores, highlighting the company's franchise-based business model [4]