Overview
- Domino's reported a 0.5% decline in US same-store sales for Q1, missing analyst expectations of a 0.5% increase.
- Earnings per share reached $4.33, surpassing the $4.07 forecast, while revenue grew 2.5% to $1.11 billion, slightly below projections.
- International same-store sales rose 3.7%, exceeding the expected 1.93% growth, highlighting strength outside the US market.
- Carryout sales increased by 1%, offsetting a 1.5% drop in delivery sales as price-conscious consumers sought lower-cost options.
- Domino's reiterated its 3% annual US comps growth target and announced DoorDash integration in May to expand delivery channels.