Domino's Q3 2024 Earnings Report
Key Takeaways
Domino's Pizza, Inc. announced its Q3 2024 results, showcasing a global retail sales growth of 5.1% (excluding foreign currency impact) and U.S. same store sales growth of 3.0%. The company's international business is on track for its 31st consecutive year of same store sales growth. Total revenues increased by 5.1% to $1,080.1 million, and diluted EPS was $4.19.
Global retail sales growth (excluding foreign currency impact) reached 5.1%.
U.S. same store sales grew by 3.0%.
International same store sales increased by 0.8% (excluding foreign currency impact).
The company is focusing on its 'Renowned Value' pillar to drive market share growth.
Domino's
Domino's
Domino's Revenue by Segment
Forward Guidance
The Company now expects the following given the challenging macroeconomic environment and its impact on current business trends across the globe: Approximately 6% annual global retail sales growth. Approximately 8% annual income from operations growth. Global net store growth of 800 to 850.
Positive Outlook
- Approximately 6% annual global retail sales growth.
- Approximately 8% annual income from operations growth.
- Global net store growth of 800 to 850.
Revenue & Expenses
Visualization of income flow from segment revenue to net income