other material
confidence high
sentiment neutral
materiality 0.55
Domino's Q3 2023 noteholders' report: domestic franchise same-store sales -0.7%, intl +3.3%
DOMINOS PIZZA INC
- Domestic franchise same-store sales declined 0.7% during the quarterly collection period; company-owned +2.9%.
- International same-store sales rose 3.3%; net international store count fell by 35 to 13,435.
- Total domestic store count increased by 27 to 6,762; 26 franchise openings and 2 company-owned.
- Debt Service Coverage Ratio was 5.40x; no rapid amortization, default, or cash trapping events occurred.
- Adjusted Net Cash Flow for the period was $228.7M, with total debt service of $59.1M.