Domino's Pizza Inc

DPZ

Equity

ISIN US25754A2015 / Valor 1839211

New York Stock Exchange, Inc (2024-11-21)

USD 445.85+1.57%

Domino's Pizza Inc
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About company

Domino's Pizza Inc. is a global pizza delivery and carryout chain that has expanded its operations internationally, with stores in countries such as Canada and Australia. The company is known for its innovative technology, such as the Domino's Tracker® which allows customers to track their orders online, and the Domino's DXP™ delivery vehicle designed specifically for pizza delivery. Domino's also offers convenient options like Carside Delivery® for contactless carryout and Pizza Profiles for quick and easy online ordering. Additionally, Domino's has collaborated with Ford to explore the use of self-driving vehicles for pizza delivery, showcasing the company's commitment to staying at the forefront of technological advancements in the food delivery industry.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Total Revenues

Domino's Pizza Inc reported total revenues of $1,097.7 million for the second quarter of 2024, marking a 7.1% increase compared to $1,024.6 million in the second quarter of 2023. This growth was primarily driven by higher supply chain, U.S. franchise advertising, and U.S. franchise royalties and fees revenues.

Net Income

For the second quarter of 2024, Domino's Pizza Inc's net income increased by 29.8% to $142.0 million, up from $109.4 million in the same period of the previous year. This significant rise was largely attributed to a change in pre-tax unrealized gains and losses associated with the remeasurement of the company's investment in DPC Dash Ltd.

Diluted Earnings Per Share

Domino's Pizza Inc's diluted earnings per share (EPS) for the second quarter of 2024 were $4.03, representing a 30.8% increase from $3.08 in the second quarter of 2023. The increase in diluted EPS was driven by higher net income.

Free Cash Flow

In the two fiscal quarters of 2024, Domino's Pizza Inc generated free cash flow of $230.5 million, a 12.8% increase from $204.3 million in the same period of 2023. This increase was due to higher net income, excluding non-cash operating activities, despite higher investments in capital expenditures and advertising activities.

Quarterly Dividend

Subsequent to the end of the second quarter of 2024, Domino's Pizza Inc's Board of Directors declared a quarterly dividend of $1.51 per share on its outstanding common stock. This dividend is payable on September 30, 2024, to shareholders of record as of September 13, 2024.

Summarized from source with an LLMView Source

Key figures

20.7%1Y

-16.8%3Y

57.0%5Y

Performance

28.1%1Y

30.8%3Y

32.4%5Y

Volatility