Form 8-K · Current Report · Filed 2024-10-10
Domino's Pizza Announces Third Quarter 2024 Financial Results
Domino's Pizza, Inc. reported a 5.1% increase in global retail sales and a 5.0% rise in income from operations for the third quarter of 2024. The company also announced a $1.51 per share quarterly dividend and guidance for 6% annual global retail sales growth and 8% annual income from operations growth for 2024. Net income decreased slightly by 0.5% year-over-year due to higher provision for income taxes. Diluted earnings per share increased by 0.2% despite the net income decrease, driven by a lower weighted average diluted share count from share repurchases.
- Filer
- Domino's Pizza Inc. DPZ · NASDAQ
- Filed
- Accession
- 0000950170-24-113945
- CIK
- 0001286681
- Signal
- Low impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$413.20
Next session
+4.0%
Since filing
-15.9%
Latest close
$347.44
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Precedent
Previous filings from DPZ reporting the same item, with the next session's move:
Exhibits (1)
About Domino's Pizza Inc.
Domino's Pizza Inc. operates as a prominent national and international pizza delivery and carryout chain. With a focus on convenience, speed, and consistency, Domino's has established a robust global presence in the quick-service restaurant sector. Known for its diverse menu offerings, the company provides not only a variety of pizzas but also sides like chicken wings, desserts, and salads. Domino's Pizza Inc. maintains a flexible business model that includes both company-owned and franchise-operated stores, which enhances its reach and operational efficiency across multiple markets. The company heavily utilizes technology and digital platforms to facilitate online orders and streamline its delivery processes, making it a key player in the food tech industry. Its innovative approach includes exclusive technologies like an AI-driven tracking system and autonomous delivery vehicles, setting it apart from competitors. Headquartered in Ann Arbor, Michigan, Domino's Pizza Inc. influences numerous sectors, including hospitality, supply chain logistics, and food technology. Through continued investment in digital infrastructure and customer-centric strategies, Domino's remains a significant entity in the global food delivery market.
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