Domino’s: Announces Q4-2021 Financial Results

Ann Arbor / MG. (dp) Domino’s Pizza Inc., the largest pizza company in the world, announced results for the fourth quarter and fiscal 2021. Global retail sales were benefited in the fourth quarter and fiscal 2020 by the inclusion of an extra, or 53rd week. Global retail sales increased 9.0 percent in the fourth quarter of 2021, excluding the negative impact of foreign currency and the 53rd week impact. Global retail sales increased 11.7 percent in fiscal 2021, excluding the positive impact of foreign currency and the 53rd week impact. Global retail sales increased 1.0 percent in the fourth quarter of 2021, excluding the negative impact of foreign currency. Global retail sales increased 8.9 percent in fiscal 2021, excluding the positive impact of foreign currency. Without adjusting for the impacts of foreign currency and the 53rd week, global retail sales declined 0.2 percent in the fourth quarter and increased 10.4 percent in fiscal 2021.

U.S. same store sales increased 1.0 percent during the quarter and 3.5 percent for the full year. International same store sales increased 1.8 percent during the quarter and 8.0 percent for the full year. The fourth quarter marked the 112th consecutive quarter of international same store sales growth. The Company had fourth quarter global net store growth of 468 stores, comprised of 89 net U.S. store openings and 379 net international store openings. In fiscal 2021, the Company had global net store growth of 1,204 stores, comprised of 205 net U.S. store openings and 999 net international store openings.

Diluted EPS for the fourth quarter of 2021 was USD 4.25, an increase of 10.4 percent over the prior year quarter. Diluted EPS for fiscal 2021 was USD 13.54, an increase of 9.3 percent over the prior year. Diluted EPS for both the fourth quarter and fiscal 2020 was positively impacted by the inclusion of the 53rd week. Diluted EPS for fiscal 2021 was negatively impacted by expenses associated with the Company’s April 2021 recapitalization transaction. Diluted EPS for the fourth quarter of 2021 was USD 4.25, an increase of 22.8 percent over diluted EPS, as adjusted, of USD 3.46 in the fourth quarter of 2020. Diluted EPS, as adjusted, for fiscal 2021 was USD 13.60, an increase of 13.2 percent over diluted EPS, as adjusted, of USD 12.01 in fiscal 2020. Refer to the Financial Results Comparability and the Comments on Regulation G sections below for additional information.

Subsequent to the end of the fourth quarter of 2021, on February 24, 2022, the Company’s Board of Directors declared a USD 1.10 per share quarterly dividend on its outstanding common stock for shareholders of record as of March 15, 2022, to be paid on March 30, 2022.

«Throughout 2021, the strength of our franchisees and our excellent unit economics continued to deliver outstanding store and retail sales growth for the Domino’s brand,» said Ritch Allison, Domino’s Chief Executive Officer. «When we compare our 2021 results back to pre-pandemic 2019, the Domino’s brand grew by nearly USD 3.5 billion in global retail sales over the last two years. Looking forward, we remain focused on leading with innovation and leveraging our global scale to drive outstanding returns for our franchisees and shareholders.»

For additional information please read the Company’s PDF file below (290 KB):

20220302-DOMINOS-Q4-2021
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