Press release
Domino's Pizza® Announces Third Quarter 2020 Financial Results
Global retail sales growth (excluding foreign currency impact) of 14.8% U.S. same store sales growth of 17.5% International same store sales growth of 6.2%
About this update from Domino's Pizza Inc
[{"type":"text","content":"Global retail sales growth (excluding foreign currency impact) of 14.8%\n U.S. same store sales growth of 17.5%\n International same store sales growth of 6.2%\n Global net store growth of 83\n Diluted EPS up 21.5% to $2.49\n\n\nANN ARBOR, Mich., Oct. 8, 2020 /PRNewswire/ -- Domino's Pizza, Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, announced results for the third quarter. Global retail sales increased 14.4% in the third quarter, or 14.8% excluding foreign currency impact. U.S. same store sales grew 17.5% during the quarter versus the year-ago period and were positively impacted by customer ordering behavior during the COVID-19 pandemic, continuing the positive sales momentum in the Company's U.S. stores business. The international business also posted positive same store sales results, with growth of 6.2% during the quarter. The third quarter marked the 107th consecutive quarter of international same store sales growth and the 38th consecutive quarter of U.S. same store sales growth. \n\n \n \n \n \n \n \n\n \nDuring the quarter, the Company reported 209 gross new stores and 83 net new stores, comprised of 44 net new U.S. stores and 39 net new international stores. The Company's net store growth reflects the closure of 126 stores, primarily in India. The number of temporary store closures in certain of the Company's international markets declined during the third quarter of 2020. Based on information reported to the Company by its master franchisees, the Company estimates that as of October 5, 2020, there were fewer than 300 international stores temporarily closed. \nDiluted EPS for the third quarter was $2.49, up 21.5% over the prior year quarter. \nOn October 6, 2020, the Company's Board of Directors declared a $0.78 per share quarterly dividend for shareholders of record as of December 15, 2020 to be paid on December 30, 2020. \n\"I am extremely proud of our global franchisees, operators and corporate teams for their relentless passion and energy as we continue to navigate through the pandemic,\" said Ritch Allison, Domino's Chief Executive Officer. \"Our strong third quarter results once again demonstrated our focus on value, service, quality and innovation to meet customer needs.\"\nThird Quarter Highlights (Unaudited):\n(dollars in millions, except per share data)\nThird\nQuarte...