Domino's Pizza 1Q Profit, Revenue Rise as International Sales Grow

Dow Jones
Apr 28
 

By Kelly Cloonan

 

Domino's Pizza logged higher profit and revenue in the first quarter as continued growth in international same-store sales offset declines at its U.S. locations.

The pizza chain reported a profit of $149.7 million for the quarter ended March 23, compared with $125.8 million a year earlier.

Earnings per share were $4.33, ahead of estimates of $4.20 a share according to analysts polled by FactSet.

Revenue rose 3%, to $1.11 billion. Analysts expected $1.13 billion.

Higher international franchise royalties and fees and higher revenue from supply chain and U.S. franchise advertising drove the increased overall revenue, the company said.

U.S. same-store sales swung to a 0.5% decline. International same-store sales rose 3.7%, excluding the effects from foreign currency.

Chief Executive Russell Weiner said the results show Domino's strategy continues to drive market-share growth across both its U.S. and international businesses amid a challenging global macroeconomic environment.

"Sustained market-share growth reflects a company's ability to control what is under its control, a key to long-term success," Weiner said.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

April 28, 2025 06:05 ET (10:05 GMT)

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