Core Insights - Domino's Pizza, Inc. reported a global retail sales growth of 5.6% in Q2 2025, with U.S. same-store sales growth at 3.4% and international same-store sales growth at 2.4% [1][4] - The company achieved a net store growth of 178, with 30 openings in the U.S. and 148 internationally [1][4] - Income from operations increased by 14.8%, reaching $225 million, while net income decreased by 7.7% to $131 million due to unfavorable changes in investment valuations and higher tax provisions [1][15] Financial Performance - Total revenues for Q2 2025 were $1.145 billion, a 4.3% increase from Q2 2024, driven by higher supply chain revenues and U.S. franchise royalties [4][15] - U.S. Company-owned store gross margin decreased by 2.0 percentage points to 15.6%, while supply chain gross margin increased by 0.5 percentage points to 11.8% [15] - Diluted earnings per share (EPS) fell to $3.81, a decrease of 5.5% compared to the previous year [15][25] Operational Highlights - The company had a total of 21,536 stores globally as of June 15, 2025, with 7,061 in the U.S. and 14,475 internationally [4][21] - The food basket pricing increased by 4.8% compared to the same quarter last year, impacting revenue and cost of sales [5][15] - The company declared a quarterly dividend of $1.74 per share, payable on September 30, 2025 [6] Shareholder Returns - In Q2 2025, the company repurchased 315,696 shares for $150 million, with a total of 430,976 shares repurchased for $200 million in the first two fiscal quarters [7] - As of June 15, 2025, the remaining authorized amount for share repurchases was $614.3 million [7] Market Position - Domino's continues to leverage its strong market position with a significant advertising budget and a robust supply chain, aiming for long-term value creation for franchisees and shareholders [2][21] - The company has fully rolled out on the two largest aggregators and offers all major crust types, enhancing its competitive edge in the pizza QSR category [2]

Core Insights - Domino's Pizza reported a global retail sales growth of 4.7% in Q1 2025, with U.S. same-store sales declining by 0.5% and international same-store sales growing by 3.7% [1][4] - The company's operational income decreased by 0.2%, but increased by 1.4% when excluding the negative impact of foreign currency exchange rates [1][5] - The CEO emphasized the effectiveness of the "Hungry for MORE" strategy in driving market share growth despite a challenging macroeconomic environment [2] 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][30] - Net income rose to $149.7 million, an increase of 18.9% compared to $125.8 million in the same quarter of the previous year [5][30] - Diluted earnings per share increased to $4.33, up 20.9% from $3.58 in Q1 2024 [5][12] Store Operations - The company experienced a net store decline of 8, with 17 net openings in the U.S. and 25 closures internationally [1][5] - As of March 23, 2025, the total store count was 21,358, reflecting ongoing adjustments in the store portfolio [5][29] Cash Flow and Capital Expenditures - Net cash provided by operating activities increased to $179.1 million from $123.5 million year-over-year [5][32] - Capital expenditures decreased to $14.7 million from $20.2 million in the previous year, contributing to a free cash flow of $164.4 million, up from $103.3 million [5][12] Strategic Initiatives - The company continues to focus on enhancing its digital ordering platforms, which accounted for over 85% of U.S. retail sales in 2024 [23] - The board declared a quarterly dividend of $1.74 per share, payable on June 30, 2025, to shareholders of record as of June 13, 2025 [7]