Overview
- Domino's reported second-quarter revenue of $1.19 billion that slightly beat estimates but adjusted EPS of $4.07 missed forecasts for the second straight quarter.
- U.S. same-store sales rose just 0.1% while international comparable sales fell 0.1%, results that signal cooling traffic despite management saying order counts grew.
- The company added a net 209 stores in the quarter, with 26 in the U.S. and 183 internationally, and said higher supply-chain and franchise receipts helped lift revenue.
- Investors have punished the stock this year, with shares down about 25% year-to-date and dipping modestly after the July 20 results were released.
- Joe Jordan is set to become CEO on October 1, and analysts and franchisees will be watching whether continued promotions and platform partnerships sustain traffic without eroding margins or franchise economics.