NASDAQ$DPZ

Domino's Pizza Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Domino's reported mixed Q4 2021 results, with EPS up but revenues down due to the prior year's 53rd week, while global retail sales growth, excluding currency impact and the 53rd week, was solid.

Domino's Pizza announced its Q4 and fiscal year 2021 financial results. Diluted EPS increased by 10.4% to $4.25, while revenues decreased by 1.0% to $1.34 billion, primarily due to the inclusion of a 53rd week in the fourth quarter of 2020. Global retail sales growth, excluding foreign currency impact and 53rd week impact, was 9.0% for the quarter.

  • Global retail sales growth (excluding foreign currency impact and 53rd week impact) was 9.0%.
  • U.S. same store sales growth was 1.0%.
  • International same store sales growth was 1.8%.
  • The Company had fourth quarter global net store growth of 468 stores.

Headline financials

Total Revenue

$1.34B

Previous: $1.36B-1.0%
EPS (adj)

$4.25

Previous: $3.85+10.4%
Global Retail Sales Growth ex-FX

1.0%

Previous: 12.0%-91.7%
U.S. Retail Sales Growth ex-FX

-2.6%

Previous: 14.3%-118.2%
International Retail Sales Growth ex-FX

4.5%

Previous: 9.9%-54.5%
U.S. Company-Owned SSS Growth

-7.3%

Previous: 8.1%-190.1%
U.S. Franchise SSS Growth

1.5%

Previous: 11.4%-86.8%
U.S. SSS Growth

1.0%

Previous: 11.2%-91.1%
International SSS Growth

1.8%

Previous: 7.3%-75.3%
Net Income

$156M

Previous: $152M+2.5%
Operating Income

$223M

Previous: $244M-8.8%
Gross Profit

$506M

Previous: $535M-5.4%
Cash & Equivalents

$148M

Previous: $169M-12.2%
Total Assets

$1.67B

Previous: $1.57B+6.7%
R&D Expense

$0.00

Previous: $0.00

Revenue & EPS history

Domino's · Revenue · Quarterly

$1.34B

Q4 2021-1%vs Q4 2020
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Domino's · $1.34B total across 5 segments · Q4 2021

  • Supply Chain
    $801M+1.2%
  • U.S. Franchise Royalties & Fees
    $167M-0.2%
  • U.S. Franchise Advertising
    $143M-6.3%
  • U.S. Company-owned Stores
    $141M-9.3%
  • International Franchise Royalties
    $91M+1.6%

Forward guidance

The Company reaffirmed its two- to three-year outlook in January 2022.

Tailwinds

  • Global retail sales growth, excluding foreign currency impact: 6% – 10%
  • 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 2021

Historical avgQ4 2021

+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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