Domino's Q1 2023 Earnings Report
Key Takeaways
Domino's Pizza, Inc. announced its Q1 2023 financial results, reporting a global retail sales growth of 5.9% (excluding foreign currency impact), a U.S. same store sales growth of 3.6%, and an international same store sales growth of 1.2% (excluding foreign currency impact). The company achieved a diluted EPS of $2.93, up 17.2% from the prior year quarter, and had a global net store growth of 128 stores.
Global retail sales grew by 5.9% excluding foreign currency impact.
U.S. same store sales increased by 3.6%.
International same store sales grew by 1.2% excluding foreign currency impact.
Diluted EPS increased by 17.2% to $2.93.
Domino's
Domino's
Domino's Revenue by Segment
Forward Guidance
The Company previously provided the following guidance for fiscal 2023 related to the impact of changes in foreign currency exchange rates on international franchise royalty revenues, capital expenditures, general and administrative expense, market basket pricing change and the effective tax rate, excluding excess tax benefits or deficiencies from equity-based compensation. As of the date of this release, the Company expects the impact of changes in foreign currency exchange rates on international franchise royalty revenues, market basket pricing change and the effective tax rate, excluding tax benefits or deficiencies from equity-based compensation will come in towards the low-end of their respective ranges.
Revenue & Expenses
Visualization of income flow from segment revenue to net income