Domino’s Rockets on Financial Numbers - InvestingChannel

Domino’s Rockets on Financial Numbers

Domino’s Pizza, Inc. (NYSE:DPZ) shares hit the roof after the pizza delivery giant reported fourth-quarter and full-year results.

The Ann Arbor, Michigan-based Domino’s, the largest pizza company in the world based on global retail sales, announced global retail sales increased 6.9% in the fourth quarter, or 7.6% excluding foreign currency impact. Global retail sales increased 5.7% in fiscal 2019, or 8.0% excluding foreign currency impact.


U.S. same store sales grew 3.4% during the quarter and 3.2% for the full year, continuing the positive sales momentum in the Company’s U.S. stores business. The international business also posted positive results, with same store sales growth of 1.7% during the quarter and 1.9% for the full year.


The fourth quarter marked the 104th consecutive quarter of international same store sales growth and the 35th consecutive quarter of U.S. same store sales growth.


In fiscal 2019, the Company opened 1,106 net new stores, comprised of 250 net new U.S. stores and 856 net new international stores.


Fourth-quarter diluted EPS was $3.12, up 19.1% over the prior year quarter. Fourth-quarter diluted EPS, as adjusted, was $3.13, up 19.5% over the prior year quarter.

Fiscal 2019 diluted EPS was $9.56, up 14.5% over the prior year. Fiscal 2019 diluted EPS, as adjusted, was $9.57, up 13.7% over the prior year diluted EPS, as adjusted, of $8.42.


Said CEO Ritch Allison, “I am extremely proud of the accomplishments of our franchisees and our team members from around the world, not just in the fourth quarter, but throughout all of 2019.”


Shares grew $66.19, or 22.3%, to $363.29


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