Domino’s Pizza reports total revenues of $3.432bn in FY2018

22nd February 2019 (Last Updated February 22nd, 2019 15:05)

Domino’s Pizza has reported total revenues of $3.432bn for the fiscal year (FY2018) ending 30 December 2018, compared with $2.787bn for the same period last year.

Domino’s Pizza reports total revenues of $3.432bn in FY2018
Domino’s has opened 472 international and 127 domestic stores in FY2018. Credit: Mr Blue MauMau.

Domino’s Pizza has reported total revenues of $3.432bn for the fiscal year (FY2018) ending 30 December 2018, compared with $2.787bn for the same period last year.

The restaurant company also reported a net income of $361.97m, compared with $277.9m for the same period in the previous year.

Diluted earnings per share (EPS) of the company was $8.35 for 2018, up 43.2% from $5.83 for the previous year.

The chain reported a 10.6% increase in global retail sales, a 6.6% increase in US same-store sales and a 3.5% increase in international same-store sales.

Domino’s has opened a total of 599 stores, including 472 international and 127 domestic stores in FY2018. It closed 39 stores comprising 37 international and two domestic stores during the year.

“The chain reported a 6.5% increase in global retail sales, a 5.6% increase in US same-store sales and a 2.4% increase in international same-store sales during Q4.”

In addition, the restaurant chain reported total revenues of $1.08bn for the fourth quarter (Q4) ending 30 December 2018, compared with $891.50m for the same period last year.

Net income of the company for the fourth quarter was $111.64m, compared with $93.33m for the same period in the previous year.

Domino’s Pizza CEO Ritch Allison said: “I am pleased with our fourth quarter, which capped a very strong 2018 for Domino’s.

“Our long-game approach, driven by fundamentals and the finest franchisee base in QSR across the globe, continues to pace the industry, and we are excited to execute our global strategy in 2019 and beyond.”

The chain reported a 6.5% increase in global retail sales, a 5.6% increase in US same-store sales and a 2.4% increase in international same-store sales during Q4.