Domino’s Pizza(US:DPZ) ZACKS·2025-02-26 17:35Core Insights - Domino's Pizza, Inc. reported fourth-quarter fiscal 2024 results with year-over-year increases in both revenue and earnings, but these figures fell short of the Zacks Consensus Estimate [1] U.S. Same-Store Sales - U.S. retail sales grew by 2.3% in the fiscal fourth quarter, driven by net store expansion and a 0.4% rise in same-store sales, with carryout sales increasing by 3.2% while delivery sales declined by 1.4% [2] - Pricing adjustments contributed 2.3% to sales, with California experiencing high-single-digit price increases, and Uber transactions accounted for 2.7% of total sales during the quarter [2] - The model had predicted a 4% increase in U.S. same-store sales compared to the previous year [2] Sales Trends - The shift towards carryout, which typically has a lower average ticket than delivery, partially offset overall gains, with delivery accounting for 46% of total transactions and 57% of sales, while carryout made up 54% of transactions and 43% of sales [3] - For the full year, carryout sales increased by 6.2%, while delivery sales saw modest growth of 1.1% [3] International Same-Store Sales - International same-store sales, excluding foreign currency translation, rose by 2.7% compared to 0.1% in the prior-year quarter, with significant improvements in Asia, particularly in India and Europe [4] Company Guidance - Domino's aims to drive market share growth in 2025, expecting global retail sales growth to align with 2024 levels and U.S. same-store sales to meet its long-term target of 3% annual growth [5] - The company anticipates stronger performance in the latter half of the year due to initiatives like expanded aggregator partnerships and enhanced loyalty programs [5] Expansion Plans - Domino's plans to open more than 175 net U.S. locations while maintaining a disciplined international growth strategy, focusing on innovation, operational efficiency, and value-driven promotions [6]