Loading...
•
Jan 01, 2023
Domino's Q4 2022 Earnings Report
Domino's reported a mixed Q4 2022, with global retail sales growth offset by currency impacts and U.S. same store sales growth slightly positive. Diluted EPS increased, driven by higher net income and the gain from store refranchising.
Key Takeaways
Domino's Pizza announced its Q4 and Fiscal Year 2022 results, highlighting a 5.2% global retail sales growth (excluding foreign currency impact) for the quarter and a 0.9% U.S. same store sales growth. Diluted EPS rose by 4.2% to $4.43. The company experienced global net store growth and refranchised U.S. stores, impacting revenue segments.
Global retail sales grew by 5.2% excluding foreign currency impact.
U.S. same store sales increased by 0.9%.
Diluted EPS increased by 4.2% to $4.43.
The company achieved global net store growth of 361 stores.
Domino's
Domino's
Domino's Revenue by Segment
Domino's Revenue by Geographic Location
Revenue by Segment
U.S. Company-owned stores Revenue
CapyFin.comU.S. Franchise royalties Revenue
CapyFin.comSupply Chain Revenue
CapyFin.comInternational franchise Revenue
CapyFin.comU.S. Franchise advertising Revenue
CapyFin.comRevenue by Geographic Location
U.S. stores Revenue
CapyFin.comInternational stores Revenue
CapyFin.com Forward Guidance
Domino's provided guidance for fiscal year 2023, including the impact of foreign currency exchange rates on international franchise royalty revenues, capital expenditures, general and administrative expenses, market basket pricing change, and the effective tax rate. The company also updated its two-to-three-year outlook for global retail sales and net unit growth, expecting results for fiscal 2023 to be at the low end of the ranges.
Positive Outlook
- Focus on U.S. carryout business momentum.
- Strong international store growth.
- Brand well-positioned to win in the marketplace.
- Commitment to creating shareholder value.
- Planned Investor Day to provide more details.
Challenges Ahead
- Significant pressure on U.S. delivery business.
- Macro-economic headwinds impacting U.S. delivery.
- Updated two-to-three-year outlook with lower growth expectations.
- Fiscal 2023 results expected to be at the low end of guidance ranges.
- Impact of foreign currency exchange rates on international franchise royalty revenues.
Revenue & Expenses
Visualization of income flow from segment revenue to net income