🔹 EPS: $4.89 (Est. $4.91) 😐; UP +9.2% YoY
🔹 Revenue: $1.44B (Est. $1.47B) 😐; UP +2.9% YoY
🔹 Net Income: $169.4M (Est. $172.25M) 🔴; UP +7.7% YoY
Q4 Segment Performance:
🔹 U.S. Same-Store Sales Growth: +0.4% YoY
🔹 International Same-Store Sales Growth (Ex-FX): +2.7% YoY
🔹 U.S. Company-Owned Store Gross Margin: 15.5% (UP +0.8pp YoY)
🔹 Supply Chain Gross Margin: 11.3% (UP +0.4pp YoY)
Geographic Breakdown:
🔹 Global Net Store Growth: +364 stores in Q4
🔹 U.S. Store Count: 7,014 (UP +84 net new stores)
🔹 International Store Count: 14,352 (UP +280 net new stores)
🔹 Total Store Count: 21,366
Operational & Other Metrics:
🔹 Income from Operations: $273.7M (UP +6.4% YoY)
🔹 Free Cash Flow: $512M (UP +5.5% YoY)
🔹 Leverage Ratio: 4.9x (vs. 5.2x in 2023)
Strategic & Shareholder Updates:
🔹 Quarterly Dividend Increased by 15% to $1.74/share
🔹 Share Buyback: Repurchased $112M worth of shares in Q4; $327M for FY24
🔹 Total Authorized Buyback Remaining: $814.3M
CEO Russell Weiner’s Commentary:
🔸 "Domino's 2024 results demonstrated that our Hungry for MORE strategy drives strong order growth despite macroeconomic challenges. Our international business marked 31 consecutive years of same-store sales growth, while our U.S. market share expanded in QSR Pizza. We remain confident in continued market leadership and long-term value creation for franchisees and shareholders."