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Sep 08, 2024
Domino's Q3 2024 Earnings Report
Domino's financial performance demonstrated resilience with global retail sales growth and U.S. same store sales growth, driven by the 'Hungry for MORE' strategy.
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.
Revenue by Segment
Revenue by Geographic Location
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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