other material
confidence high
sentiment neutral
materiality 0.50
Domino's Q2 2023 securitization noteholder report: domestic franchise same-store sales dip 0.1%, net store count up 197
DOMINOS PIZZA INC
- Domestic franchised stores: 6,449 (+26 net); company-owned 286 (+1); international 13,470 (+170).
- Domestic franchise same-store sales growth -0.1%; company-owned +5.5%; international +3.6%.
- Quarterly DSCR 5.49x, down from 5.63x prior quarter; Senior ABS Leverage 3.79x vs 3.50x.
- No Rapid Amortization, Default, or Manager Termination events occurred.
- Total retained collections $239.9M; total debt service $59.2M for July 25 quarterly payment.