Domino’s: Announces Q1-2021 Financial Results

Ann Arbor / MG. (dp) Domino’s Pizza Inc., the largest pizza company in the world based on global retail sales, announced results for the first quarter. Global retail sales increased 16.7 percent in the first quarter, or 14.0 percent excluding foreign currency impact. U.S. same store sales grew 13.4 percent during the quarter versus the year-ago period, continuing the positive sales momentum in the Company’s U.S. stores business. The international business also posted strong results, with same store sales growth of 11.8 percent during the quarter. The first quarter marked the 109th consecutive quarter of international same store sales growth and the 40th consecutive quarter of U.S. same store sales growth.

The Company had first quarter global net store growth of 175 stores, comprised of 36 net U.S. store openings and 139 net international store openings.

First quarter diluted EPS was USD 3.00, down 2.3 percent over the prior year quarter.

Subsequent to the first quarter, on April 27, 2021, the Company’s Board of Directors declared a USD 0.94 per share quarterly dividend on its outstanding common stock for shareholders of record as of June 15, 2021, to be paid on June 30, 2021.

«It was a strong first quarter for the Domino’s brand, with balanced growth across all areas of our global business,» said Ritch Allison, Domino’s Chief Executive Officer. «I applaud our franchisees and operators all across the globe, who once again demonstrated why they are the best in the restaurant business.»

First Quarter 2021 Highlights

(USD in millions, except per share data)
Q1/2021
Q1/2020
Q1/2019
Q1/2018
Net income USD 117.8 USD 121.6 USD 92.7 USD 88.8
Weighted average diluted shares 39,208,383 39,633,404 42,202,429 44,377,509
Diluted earnings per share USD 3.00 USD 3.07 USD 2.20 USD 2.00

For additional information please refer to the company’s news release (PDF | 353 KB):

20210501-DOMINOS-Q1-2021
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