Domino’s Pizza(DPZ)2025-02-24 11:05Sales Growth - Global retail sales growth for Q4 2024 was 4.4%, with a fiscal 2024 growth of 5.9%[1] - U.S. same store sales growth was 0.4% for Q4 2024 and 3.2% for fiscal 2024[1] - International same store sales growth (excluding foreign currency impact) was 2.7% for Q4 2024 and 1.6% for fiscal 2024[1] - The Company reported global retail sales of over 4,706,416,000, up from 169.4 million, a 7.7% increase from Q4 2023[7] - Net income for the fiscal year ended December 29, 2024, was 519,118,000 for the fiscal year ended December 31, 2023, reflecting an increase of 12.5%[31] - Operating income for the fiscal year ended December 29, 2024, was 819,519,000 in the previous year, reflecting a growth of 7.2%[31] - Earnings per share (diluted) rose to 14.66 in the previous year, marking a growth of 13.9%[31] Cost and Margin - Gross margin improved to 39.3% for the fiscal year ended December 29, 2024, compared to 38.6% in the prior year[31] - Total cost of sales for the fiscal year ended December 29, 2024, was 1.74 per share[1] - The company repurchased 258,568 shares for 327.0 million for the fiscal year[9] Cash Flow and Liquidity - The company generated net cash provided by operating activities of 590,864,000 in the previous year[35] - Cash and cash equivalents at the end of the period increased to 114,098,000 year-over-year[33] Debt and Leverage - The leverage ratio decreased from 5.2x in 2023 to 4.9x in 2024, reflecting improved financial stability[21] - The company reported a decrease in long-term debt, less current portion, to 4,934,062,000 year-over-year[33] - The Company has historically operated with a leverage ratio between four and six times, indicating a consistent approach to managing debt levels[19] Digital Presence - More than 85% of U.S. retail sales in 2024 were generated via digital channels, showcasing the Company's strong digital presence[24] Strategic Initiatives - The Company plans to continue evaluating its growth strategy, including participation in the third-party order aggregation marketplace, to enhance market presence[26] - The Company considers the impact of foreign currency exchange rates on international franchise royalty revenues to be significant for understanding its international performance[17] - The Company has excluded the impact of the Russia market from its global retail sales growth statistics, considering it immaterial for the periods presented[22] Store Growth - Net store growth was 364 for Q4 2024 and 775 for fiscal 2024[1] - Consolidated Adjusted EBITDA for the trailing four quarters of 2024 was 939,121 in 2023, indicating a growth of approximately 7.7%[21] - Segment Income for the fourth quarter of 2024 was 327,099 in the same quarter of 2023, representing a year-over-year increase of approximately 4.3%[21]