Domino $DPZ's Pizza reported second-quarter revenue of $1.19 billion on Monday, up 4.3% from a year ago and ahead of analyst estimates, though earnings per share fell short of expectations as soft consumer spending weighed on restaurant demand.
U.S. same-store sales grew just 0.1% in the quarter, the slowest pace in five quarters, as cautious consumers curbed spending
Cheng Xin / Getty Images
Domino $DPZ's Pizza reported second-quarter revenue of $1.19 billion on Monday, up 4.3% from a year ago and ahead of analyst estimates, though earnings per share fell short of expectations as soft consumer spending weighed on restaurant demand.
Diluted EPS came in at $4.07, missing analyst expectations of $4.17 per share, according to CNBC. Revenue of $1.19 billion edged past the consensus estimate of $1.18 billion. Supply-chain revenue climbed 6.5% to $731.7 million, reflecting stronger store ordering activity and a 2.2% uptick in food-basket pricing.
U.S. same-store sales edged up just 0.1% for the period ended June 14, the weakest quarterly showing in more than a year. Analysts had forecast a 0.62% gain. International same-store sales, excluding foreign currency effects, declined 0.1%, while analysts had expected a 0.5% increase, according to CNBC. A year ago, U.S. same-store sales rose 3.4% and international same-store sales rose 2.4%.
"In a quarter where the broader U.S. QSR industry continued to face pressure on consumer demand, Domino's generated order count growth across both our delivery and carryout businesses, bringing millions of new customers to our brand," Russell Weiner, chief executive officer, said in a statement.
Operating income reached $232.0 million, a 3.1% improvement over the prior-year quarter. Net income rose to $135.8 million, a 3.6% year-over-year gain, aided in part by a favorable $3.6 million swing in unrealized and realized losses tied to the company's investment in DPC Dash Ltd, the company said. General and administrative expenses rose, partly because the company's biennial Worldwide Rally fell in the second quarter of 2026.
Domino's added a net 209 locations worldwide in the quarter — 26 domestic and 183 outside the U.S. — lifting its global store count to 22,531. The company's leverage ratio improved to 4.3 times from 4.7 times a year earlier. Global retail sales, excluding foreign currency impact, grew 3.0%.
The results follow a first-quarter performance in which U.S. same-store sales of 0.9% fell well short of the 2.72% Wall Street had anticipated, marking the first time in four quarters Domino's had missed on that metric. International same-store sales also came in below estimates that quarter, and a $30 million pre-tax charge related to DPC Dash pulled diluted EPS to $4.13, down from $4.33 a year earlier.
Domino's stock was up about 7% in premarket trading on Monday.
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