other material
confidence high
sentiment neutral
materiality 0.55
Domino's Q1 2022 noteholder report: domestic SSS -3.2% franchise, -10.5% company-owned; international +1.2%
DOMINOS PIZZA INC
- Domestic franchise same-store sales fell 3.2%, company-owned fell 10.5%; international same-store sales rose 1.2%.
- Net store openings: domestic +37 (12 franchise, 25 company-owned); international +176 stores.
- Quarterly DSCR improved to 5.71x from 5.59x; senior ABS leverage at 3.23x.
- Adjusted net cash flow $192.3M, total debt service $59.6M; no rapid amortization or default events.
- Total outstanding senior notes ~$4.99B as of April 25, 2022 payment date.