other material
confidence high
sentiment positive
materiality 0.65
Domino's Q4 2023 noteholder report: domestic same-store sales +2.6% franchise, +5.9% company-owned
DOMINOS PIZZA INC
- Total stores grew to 20,591 (domestic +92 to 6,854; international +302 to 13,737).
- Domestic same-store sales growth: franchise 2.6%, company-owned 5.9%; international 0.1%.
- Debt Service Coverage Ratio (DSCR) was 5.16x, down from 5.40x in prior quarter.
- Senior ABS Leverage at 3.80x; no rapid amortization, default, or cash trapping events.
- Total debt service paid of $58.9M; adjusted net cash flow of $224.1M for the quarter.