NASDAQ$DPZ

Domino's Pizza Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Domino's reported a decrease in diluted EPS and net income, while facing challenges in the labor market and inflationary pressures.

Domino's Pizza, Inc. announced its second quarter 2022 financial results, revealing a 1.5% global retail sales growth (excluding foreign currency impact). However, U.S. same store sales declined by 2.9%, and international same store sales (excluding foreign currency impact) decreased by 2.2%. Diluted EPS was down 7.8% to $2.82.

  • Global retail sales growth (excluding foreign currency impact) increased by 1.5%.
  • U.S. same store sales decreased by 2.9%.
  • International same store sales (excluding foreign currency impact) decreased by 2.2%.
  • Global net store growth reached 233.

Headline financials

Total Revenue

$1.07B

Previous: $1.03B+3.2%
EPS (adj)

$2.82

Previous: $3.12-9.6%
Global Retail Sales Growth ex-FX

1.5%

Previous: 17.1%-91.2%
U.S. Retail Sales Growth ex-FX

-0.6%

Previous: 7.4%-108.1%
International Retail Sales Growth ex-FX

3.7%

Previous: 29.5%-87.5%
U.S. SSS Growth

-2.9%

Previous: 3.5%-182.9%
International SSS Growth

-2.2%

Previous: 13.9%-115.8%
Capital Expenditures

-$32.7M

Previous: -$33.2M+1.5%
Free Cash Flow

$69.8M

Previous: $83.5M-16.3%
Net Income

$102M

Previous: $117M-12.1%
Operating Income

$178M

Previous: $191M-6.7%
Gross Profit

$386M

Previous: $408M-5.3%
Cash & Equivalents

$114M

Previous: $292M-60.9%
Total Assets

$1.67B

Previous: $1.72B-3.0%
R&D Expense

$0.00

Previous: $0.00

Revenue & EPS history

Domino's · Revenue · Quarterly

$1.07B

Q2 2022+3.2%vs Q2 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Domino's · $1.07B total across 5 segments · Q2 2022

  • Supply Chain
    $647M+7.2%
  • U.S. Franchise Royalties & Fees
    $128M+1.0%
  • U.S. Company-owned Stores
    $113M-3.5%
  • U.S. Franchise Advertising
    $111M-4.5%
  • International Franchise Royalties
    $66.9M-4.1%

Forward guidance

Domino's provided updates to its fiscal 2022 guidance, specifically for the impact of changes in foreign currency exchange rates on international franchise royalty revenues and for food basket pricing. The company reaffirmed its previous fiscal 2022 guidance for general and administrative expenses and capital expenditures.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.8%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.0%

Avg return

30 days after

55%

36 / 66 earnings

Positive

+25.2%

Q4 2019

Best reaction

-14.6%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-8.8%-8.2%-15.2%
Q4 2025+5.0%+4.7%-5.7%
Q3 2025+4.0%+2.0%+0.1%
Q2 2025+1.1%-0.4%-2.5%
Q1 2025+0.6%-0.6%-0.9%
Q4 2024-1.5%+5.9%+1.0%
Q3 2024+4.0%+3.4%+11.3%
Q2 2024-14.6%-10.6%-6.4%
Q1 2024+6.1%+3.1%+2.2%
Q4 2023+2.9%+3.1%+13.5%
Q3 2023-2.0%-1.0%+6.9%
Q2 2023+3.0%+4.0%-0.7%
Q1 2023-6.4%-8.1%-11.6%
Q4 2022-14.6%-15.6%-10.6%
Q3 2022+5.2%+9.0%+21.5%
Q2 2022-2.8%-5.9%-1.4%
Q1 2022-9.4%-7.8%-1.9%
Q4 2021-2.1%-4.3%-5.8%
Q3 2021-4.5%-2.3%+7.8%
Q2 2021+11.7%+14.4%+8.3%
Q1 2021+4.6%+7.4%+5.7%
Q4 2020-5.0%-5.9%+2.0%
Q3 2020-9.3%-5.4%-7.2%
Q2 2020-5.7%-6.3%-3.6%
Q1 2020-4.3%-7.2%-3.0%
Q4 2019+25.2%+24.1%+1.0%
Q3 2019+2.5%+6.4%+16.7%
Q2 2019-6.3%-4.4%-13.7%
Q1 2019+2.3%-0.5%+4.6%
Q4 2018-6.4%-9.2%-14.1%
Q3 2018-1.9%-1.9%-4.9%
Q2 2018-2.3%-7.3%+0.5%
Q1 2018+6.4%+6.1%+7.2%
Q4 2017+4.4%+3.7%+2.6%
Q3 2017-7.8%-8.1%-17.2%
Q2 2017-12.9%-14.4%-14.3%
Q1 2017+0.2%+1.9%+14.4%
Q4 2016+1.1%+2.0%-0.7%
Q3 2016+8.6%+9.4%+6.3%
Q2 2016+8.7%+6.7%+7.6%
Q1 2016-9.5%
Q4 2015+14.3%
Q3 2015-2.5%
Q2 2015-7.2%
Q1 2015+14.2%
Q4 2014-0.5%
Q3 2014+10.5%
Q2 2014+2.8%
Q1 2014-1.9%
Q4 2013+4.0%
Q3 2013-3.2%
Q2 2013-4.1%
Q1 2013+3.2%
Q4 2012+3.1%
Q3 2012+7.7%
Q2 2012+4.3%
Q1 2012-11.5%
Q4 2011+14.7%
Q3 2011+11.3%
Q2 2011+3.9%
Q1 2011+14.3%
Q4 2010+0.4%
Q3 2010+6.6%
Q2 2010-3.4%
Q1 2010-11.1%
Q4 2009+10.4%

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