Domino's Pizza Inc. Files 10-Q for Period Ending March 24, 2024
Ticker: DPZ · Form: 10-Q · Filed: Apr 29, 2024 · CIK: 1286681
Sentiment: neutral
Topics: Domino's Pizza, DPZ, 10-Q, Financial Report, Quarterly Earnings
TL;DR
<b>Domino's Pizza Inc. filed its Q1 2024 10-Q, detailing financial performance across its segments and noting a subsequent event.</b>
AI Summary
DOMINOS PIZZA INC (DPZ) filed a Quarterly Report (10-Q) with the SEC on April 29, 2024. Domino's Pizza Inc. filed its quarterly report (10-Q) on April 29, 2024, for the period ending March 24, 2024. The filing covers financial data for various segments including US Stores, Domestic Franchise, Supply Chain, and International Franchise. Key financial statement items such as Additional Paid-In Capital, Retained Earnings, Common Stock, and Restricted Stock are detailed for the periods ending March 26, 2023, December 31, 2023, and March 24, 2024. Specific debt instruments like the 2021 Ten-Year Fixed Rate Notes and 2018 Seven-Point-Five-Year Fixed Rate Notes are referenced. A subsequent event was noted on April 25, 2024.
Why It Matters
For investors and stakeholders tracking DOMINOS PIZZA INC, this filing contains several important signals. This filing provides investors with the latest financial snapshot of Domino's operations, including key balance sheet items and debt obligations, crucial for assessing the company's financial health and stability. The inclusion of specific segment data and debt instrument details allows for a granular analysis of revenue streams and financial leverage, informing investment decisions.
Risk Assessment
Risk Level: low — DOMINOS PIZZA INC shows low risk based on this filing. The filing is a standard quarterly report (10-Q) and does not contain immediate red flags or significant negative developments, indicating a low level of immediate risk.
Analyst Insight
Monitor future filings for updates on segment performance and any financial implications of the noted subsequent event.
Key Numbers
- 2024-03-24 — Reporting Period End Date (CONFORMED PERIOD OF REPORT)
- 2024-04-29 — Filing Date (FILED AS OF DATE)
- 2023-03-26 — Prior Year Period End Date (Financial data reference)
- 2023-12-31 — Prior Fiscal Year End Date (Financial data reference)
Key Players & Entities
- DOMINOS PIZZA INC (company) — FILER
- DPZ (company) — tk
- 2024-03-24 (date) — CONFORMED PERIOD OF REPORT
- 2024-04-29 (date) — FILED AS OF DATE
- 30 FRANK LLOYD WRIGHT DRIVE (address) — BUSINESS ADDRESS
- ANN ARBOR (city) — BUSINESS ADDRESS
- MI (state) — BUSINESS ADDRESS
- 48105 (zip) — BUSINESS ADDRESS
FAQ
When did DOMINOS PIZZA INC file this 10-Q?
DOMINOS PIZZA INC filed this Quarterly Report (10-Q) with the SEC on April 29, 2024.
What is a 10-Q filing?
A 10-Q is a quarterly financial report with unaudited financials, management discussion, and interim business updates. This particular 10-Q was filed by DOMINOS PIZZA INC (DPZ).
Where can I read the original 10-Q filing from DOMINOS PIZZA INC?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by DOMINOS PIZZA INC.
What are the key takeaways from DOMINOS PIZZA INC's 10-Q?
DOMINOS PIZZA INC filed this 10-Q on April 29, 2024. Key takeaways: Domino's Pizza Inc. filed its quarterly report (10-Q) on April 29, 2024, for the period ending March 24, 2024.. The filing covers financial data for various segments including US Stores, Domestic Franchise, Supply Chain, and International Franchise.. Key financial statement items such as Additional Paid-In Capital, Retained Earnings, Common Stock, and Restricted Stock are detailed for the periods ending March 26, 2023, December 31, 2023, and March 24, 2024..
Is DOMINOS PIZZA INC a risky investment based on this filing?
Based on this 10-Q, DOMINOS PIZZA INC presents a relatively low-risk profile. The filing is a standard quarterly report (10-Q) and does not contain immediate red flags or significant negative developments, indicating a low level of immediate risk.
What should investors do after reading DOMINOS PIZZA INC's 10-Q?
Monitor future filings for updates on segment performance and any financial implications of the noted subsequent event. The overall sentiment from this filing is neutral.
Key Dates
- 2024-03-24: Quarterly Period End — End of the reporting period for the 10-Q filing.
- 2024-04-29: Filing Date — Date the 10-Q was officially filed with the SEC.
- 2024-04-25: Subsequent Event — A significant event occurring after the balance sheet date but before the filing date.
Filing Stats: 4,399 words · 18 min read · ~15 pages · Grade level 12.8 · Accepted 2024-04-29 06:15:27
Key Financial Figures
- $0.01 — d Domino's Pizza, Inc. Common Stock , $0.01 par value DPZ New York Stock Exchan
Filing Documents
- dpz-20240324.htm (10-Q) — 1452KB
- dpz-ex31_1.htm (EX-31.1) — 15KB
- dpz-ex31_2.htm (EX-31.2) — 14KB
- dpz-ex32_1.htm (EX-32.1) — 11KB
- dpz-ex32_2.htm (EX-32.2) — 10KB
- 0000950170-24-049419.txt ( ) — 6509KB
- dpz-20240324.xsd (EX-101.SCH) — 1054KB
- dpz-20240324_htm.xml (XML) — 1172KB
Financial Statements
Financial Statements 3 Condensed Consolidated Balance Sheets (Unaudited) – As of March 24, 2024 and December 31, 2023 3 Condensed Consolidated Statements of Income (Unaudited) – Fiscal quarters ended March 24, 2024 and March 26, 2023 4 Condensed Consolidated Statements of Comprehensive Income (Unaudited) – Fiscal quarters ended March 24, 2024 and March 26, 2023 5 Condensed Consolidated Statements of Cash Flows (Unaudited) – Fiscal quarters ended March 24, 2024 and March 26, 2023 6 Notes to Condensed Consolidated Financial Statements (Unaudited) 7 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 13 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 24 Item 4.
Controls and Procedures
Controls and Procedures 24 PART II. OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 25 Item 1A.
Risk Factors
Risk Factors 25 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 25 Item 3. Defaults Upon Senior Securities 25 Item 4. Mine Safety Disclosures 25 Item 5. Other Information 25 Item 6. Exhibits 26
SIGNATURES
SIGNATURES 27 2 PA RT I. FINANCIAL INFORMATION Ite m 1. Financial Statements. Domino's Pizza, Inc. and Subsidiaries Conden sed Consolidated Balance Sheets (Unaudited) (In thousands) March 24, 2024 December 31, 2023 (1) Assets Current assets: Cash and cash equivalents $ 203,894 $ 114,098 Restricted cash and cash equivalents 209,752 200,870 Accounts receivable, net 285,609 282,809 Inventories 76,086 82,964 Prepaid expenses and other 42,143 30,215 Advertising fund assets, restricted 76,982 106,335 Total current assets 894,466 817,291 Property, plant and equipment: Land and buildings 108,689 108,791 Leasehold and other improvements 178,208 176,817 Equipment 370,203 364,620 Construction in progress 20,694 24,505 677,794 674,733 Accumulated depreciation and amortization ( 380,556 ) ( 370,368 ) Property, plant and equipment, net 297,238 304,365 Other assets: Operating lease right-of-use assets 212,251 207,323 Goodwill 11,614 11,688 Capitalized software, net 141,103 134,105 Investment in DPC Dash 124,854 143,553 Deferred income tax assets, net 17,448 13,680 Other assets 45,768 42,894 Total other assets 553,038 553,243 Total assets $ 1,744,742 $ 1,674,899 Liabilities and stockholders' deficit Current liabilities: Current portion of long-term debt $ 4,866 $ 56,366 Accounts payable 111,678 106,267 Operating lease liabilities 39,942 39,330 Insurance reserves 27,304 28,135 Dividends payable 54,125 1,514 Advertising fund liabilities 75,134 104,246 Other accrued liabilities 196,544 211,492 Total current liabilities 509,593 547,350 Long-term liabilities: Long-term debt, less current portion 4,973,812 4,934,062 Operating lease liabilities 184,691 179,548 Insurance reserves 37,890 38,559 Other accrued liabilities 47,086 45,747 Total l