NASDAQ$DPZ

Domino's Pizza Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Domino's reported strong Q4 2019 results driven by global retail sales growth, same store sales growth, and EPS increase.

Domino's Pizza, Inc. announced positive results for the fourth quarter and fiscal year 2019, featuring growth in global retail sales, same store sales, and earnings per share. Fourth quarter diluted EPS was $3.12, up 19.1% over the prior year quarter. The Company had fourth quarter global net store growth of 492 stores, comprised of 141 net new U.S. stores and 351 net new international stores.

  • Global retail sales increased 6.9% in the fourth quarter, or 7.6% excluding foreign currency impact.
  • U.S. same store sales grew 3.4% during the quarter.
  • International same store sales growth was 1.7% during the quarter.
  • The Company had fourth quarter global net store growth of 492 stores.

Headline financials

Total Revenue

$1.15B

Previous: $1.08B+6.3%
EPS (adj)

$3.13

Previous: $2.62+19.5%
Global Retail Sales Growth ex-FX

7.6%

No prior period
U.S. Retail Sales Growth ex-FX

6.8%

No prior period
International Retail Sales Growth ex-FX

8.4%

No prior period
U.S. Company-Owned SSS Growth

3.9%

No prior period
U.S. Franchise SSS Growth

3.3%

No prior period
U.S. SSS Growth

3.4%

No prior period
International SSS Growth

1.7%

No prior period
Net Income

$129M

Previous: $112M+15.8%
Operating Income

$204M

Previous: $180M+13.5%
Gross Profit

$447M

Previous: $414M+8.1%
Cash & Equivalents

$191M

No prior period
Total Assets

$1.38B

No prior period
R&D Expense

$0.00

Previous: $0.00

Revenue & EPS history

Domino's · Revenue · Quarterly

$1.15B

Q4 2019+6.3%vs Q4 2018
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Domino's · $1.15B total across 5 segments · Q4 2019

  • Supply Chain
    $680M
  • U.S. Franchise Royalties & Fees
    $139M
  • U.S. Company-owned Stores
    $131M
  • U.S. Franchise Advertising
    $124M
  • International Franchise Royalties
    $76.8M

Forward guidance

The Company reaffirmed its two- to three-year outlook in January 2020.

Tailwinds

  • Global retail sales growth: 7% – 10% (Excluding foreign currency impact)
  • U.S. same store sales growth: 2% – 5%
  • International same store sales growth: 1% – 4% (Excluding foreign currency impact)
  • Global net unit growth: 6% – 8%

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 Q4 2019

Historical avgQ4 2019

+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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