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 ...

Domino's Pizza, Inc. (DPZ) is scheduled to report first-quarter 2024 results on Apr 29, before the opening bell. In the last reported quarter, DPZ’s earnings surpassed the Zacks Consensus Estimate by 2.5%.Q1 EstimatesThe Zacks Consensus Estimate for earnings is pegged at $3.36 per share, suggesting 14.7% growth from the prior-year quarter. Over the past 30 days, estimates for earnings have witnessed a downward revision of 3.2%. The consensus mark for revenues is pegged at $1.08 billion, indicating growth of ...

Wall Street analysts forecast that Domino's Pizza (DPZ) will report quarterly earnings of $3.35 per share in its upcoming release, pointing to a year-over-year increase of 14.3%. It is anticipated that revenues will amount to $1.08 billion, exhibiting an increase of 5.4% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassess ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Domino's Pizza (DPZ) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 29. O ...

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, ...

Featuring thin, foldable pizza slices with the perfect balance of cheese, sauce and toppingsANN ARBOR, Mich., April 15, 2024  /PRNewswire/ -- Craving a delicious, new crust that is thin and cut into big, foldable slices? Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world, has you covered. Introducing New York Style Pizza: a pizza that is designed to be even more delicious, whether you hail from New York City or beyond.Domino's New York Style Pizza is made with fresh, never frozen dough ...

jetcityimage Sometimes in the pursuit of the next best thing, investors often overlook the opportunities that are right in front of us. For example, in 2010 Microsoft (MSFT) and Apple (AAPL) both had many exciting new technologies coming out, such as: Windows 7: Microsoft had launched Windows 7 in late 2009, and in 2010, it continued to gain popularity as users upgraded from older versions of Windows. Kinect for Xbox 360: Microsoft released the Kinect motion-sensing accessory for the Xbox 360 in Nove ...