Jan 02, 2022

Domino's Q4 2021 Earnings Report

Domino's reported mixed Q4 2021 results, with EPS up but revenues down due to the prior year's 53rd week, while global retail sales growth, excluding currency impact and the 53rd week, was solid.

Key Takeaways

Domino's Pizza announced its Q4 and fiscal year 2021 financial results. Diluted EPS increased by 10.4% to $4.25, while revenues decreased by 1.0% to $1.34 billion, primarily due to the inclusion of a 53rd week in the fourth quarter of 2020. Global retail sales growth, excluding foreign currency impact and 53rd week impact, was 9.0% for the quarter.

Global retail sales growth (excluding foreign currency impact and 53rd week impact) was 9.0%.

U.S. same store sales growth was 1.0%.

International same store sales growth was 1.8%.

The Company had fourth quarter global net store growth of 468 stores.

Total Revenue
$1.34B
Previous year: $1.36B
-1.0%
EPS
$4.25
Previous year: $3.85
+10.4%
Total Global Retail Sales Growth ex-FX
1%
Previous year: 12%
-91.7%
US Stores Retail Sales Growth ex-FX
-2.6%
Previous year: 14.3%
-118.2%
International Stores Retail Sales Growth ex-FX
4.5%
Previous year: 9.9%
-54.5%
Gross Profit
$506M
Previous year: $535M
-5.4%
Cash and Equivalents
$148M
Previous year: $169M
-12.2%
Total Assets
$1.67B
Previous year: $1.57B
+6.7%

Domino's

Domino's

Domino's Revenue by Segment

Forward Guidance

The Company reaffirmed its two- to three-year outlook in January 2022.

Positive Outlook

  • Global retail sales growth, excluding foreign currency impact: 6% – 10%
  • Global net unit growth: 6% – 8%

Revenue & Expenses

Visualization of income flow from segment revenue to net income