Jun 14, 2020

Domino's Q2 2020 Earnings Report

Domino's reported strong Q2 2020 results, driven by US same store sales growth.

Key Takeaways

Domino's Pizza, Inc. announced positive results for the second quarter of 2020, with global retail sales growth of 8.1% excluding foreign currency impact and U.S. same store sales growth of 16.1%. Diluted EPS increased by 36.5% to $2.99.

Global retail sales increased by 8.1% excluding foreign currency impact.

U.S. same store sales grew by 16.1% due to customer ordering behavior during the COVID-19 pandemic.

International same store sales increased by 1.3%, marking the 106th consecutive quarter of growth.

The Company had net store growth of 84 stores.

Total Revenue
$920M
Previous year: $812M
+13.4%
EPS
$2.99
Previous year: $2.19
+36.5%
Total Global Retail Sales Growth ex-FX
8.1%
US Stores Retail Sales Growth ex-FX
19.9%
International Stores Retail Sales Growth ex-FX
-3.4%
Gross Profit
$357M
Previous year: $317M
+12.8%
Cash and Equivalents
$248M

Domino's

Domino's

Domino's Revenue by Segment

Forward Guidance

The press release does not contain specific forward guidance. Therefore, I cannot provide the positives and negatives.

Revenue & Expenses

Visualization of income flow from segment revenue to net income