Domino's Q3 2023 Earnings Report
Key Takeaways
Domino's Pizza, Inc. announced its Q3 2023 financial results, featuring a 4.9% global retail sales growth (excluding foreign currency impact) and a 0.6% decline in U.S. same store sales. Diluted EPS increased by 49.8% to $4.18. The company experienced a global net store decline of 8 stores, but excluding the closure of the Russia market, global net stores grew by 135.
Global retail sales grew by 4.9% (excluding foreign currency impact).
U.S. same store sales declined by 0.6%.
International same store sales grew by 3.3% (excluding foreign currency impact).
Diluted EPS increased by 49.8% to $4.18.
Domino's
Domino's
Domino's Revenue by Segment
Forward Guidance
Domino's expects its 2023 global net store growth to trend at or slightly below the low-end of its 5% to 7% two- to three-year outlook. Additionally, the Company expects its 2023 global retail sales growth, excluding foreign currency impact, to trend modestly below the mid-point of its 4% to 8% two -to three-year outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income