earnings
confidence high
sentiment positive
materiality 0.80
Domino's Q2 EPS $4.03 beats, revenues up 7.1%; guides lower net store growth on DPE issues
DOMINOS PIZZA INC
2024-Q2 EPS reported
$7.61
revenue$2,182,383,000
- Global retail sales up 7.2% (ex-FX); U.S. same-store sales +4.8%, International +2.1% (ex-FX).
- Diluted EPS $4.03, up 30.8% YoY; net income $142M, +29.8%; revenues $1,097.7M, +7.1%.
- Quarterly dividend declared $1.51/share, payable Sept 30 to holders of record Sept 13.
- Reaffirmed long-term guidance: 7%+ annual sales growth, 8%+ income growth (ex-FX).
- Lowered 2024 net store growth forecast to 825-925 from 1,100+ due to DPE challenges; international 175-275 below goal.