🔹 Revenue: $1.145B (Est. $1.146B) 🟡; +4.3% YoY
🔹 EPS: $3.81 (Est. $3.36) 🟢; -5.5% YoY
Same-Store Sales
🔹 U.S. Same-Store Sales: +3.4% (Est. +2.0%) 🟢
🔹 U.S. Company-Owned Stores: +2.6%
🔹 International Same-Store Sales (Ex-FX): +2.4% (Est. +1.3%) 🟢
Store Growth
🔹 Net Global Store Adds: +178
↳ U.S.: +30
↳ International: +148
🔹 Total Store Count: 21,536
🔹 Trailing 12-month Net Store Growth: +606
Margin Trends
🔹 U.S. Company-Owned Store Gross Margin: 15.6% (-200 bps YoY) 🔴
🔹 Supply Chain Gross Margin: 11.8% (+50 bps YoY) 🟢
Other Q2 Metrics:
🔹 Income from Operations: $225M (+14.8% YoY)
🔹 Free Cash Flow: $331.7M (+43.9% YoY)
🔹 Operating Cash Flow: $366.9M (+33.8% YoY)
🔹 Net Income: $131.1M (Est. $135.7M) 🔴; -7.7% YoY
CEO Commentary
🔸 "We delivered strong Q2 results. Both delivery and carryout grew in the U.S., helping gain meaningful market share. We're now fully rolled out on the two largest aggregators and offer all major crusts, including stuffed crust. With best-in-class unit economics, the largest ad budget, and a rewards program that’s bigger than ever — we’re well-positioned to drive long-term value." – CEO Russell Weiner
