Domino’s: Announces Q2-2023 Financial Results

Ann Arbor / MG. (dp) Domino’s Pizza Inc., the largest pizza company in the world, announced its second quarter 2023 results. Global retail sales grew 5.8 percent in the second quarter of 2023, excluding the negative impact of foreign currency. Without adjusting for the impact of foreign currency, global retail sales grew 4.3 percent in the second quarter of 2023.

U.S. same store sales grew 0.1 percent during the second quarter of 2023. International same store sales (excluding foreign currency impact) grew 3.6 percent during Q2-2023. The Company had second quarter global net store growth of 197 stores, comprised of 27 net U.S. store openings and 170 net international store openings. The Company had 253 gross store openings and 56 closures during Q2-2023. Diluted EPS for the second quarter of 2023 was USD 3.08, an increase of 9.2 percent over the prior year quarter.

Subsequent to the end of the second quarter of 2023, on July 20, 2023, the Company’s Board of Directors declared a USD 1.21 per share quarterly dividend on its outstanding common stock for shareholders of record as of September 15, 2023, to be paid on September 29, 2023.

«We are executing our plan to restore delivery growth in the U.S.,» said Russell Weiner, Domino’s Chief Executive Officer. «Our efforts to improve service and staffing while driving value and innovation will continue to make a difference in driving order counts in this important part of our business. We will also benefit globally from the deal we recently announced with Uber. Over two-thirds of our stores around the world will have the ability to take orders from Uber Eats. We are excited to strategically enter the multi-billion dollar aggregator marketplace as the number one pizza brand in the world.»

For additional information please read the company’s PDF file below (285 KB):