Domino's Pizza Files 10-Q for Q2 2024
Ticker: DPZ · Form: 10-Q · Filed: Jul 18, 2024 · CIK: 1286681
Sentiment: neutral
Topics: 10-Q, financials, franchise
Related Tickers: DPZ
TL;DR
DPZ 10-Q filed: Q2 2024 financials out. Domestic & Intl franchise ops detailed. Check it.
AI Summary
Domino's Pizza Inc. filed its 10-Q for the period ending June 16, 2024. The filing details financial performance and operational segments, including domestic and international franchise operations. Key financial data points and segment information are presented for the reporting period and comparative periods.
Why It Matters
This filing provides investors and analysts with the latest financial snapshot of Domino's Pizza Inc., crucial for understanding the company's performance and strategic direction in the competitive food service industry.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing (10-Q) and does not inherently introduce new risks.
Key Numbers
- Q2 2024 — Reporting Period (Financials for the second quarter of 2024 are detailed.)
- 2024-06-16 — End of Fiscal Period (The reporting period concludes on this date.)
- 2023-12-31 — Prior Year End (Comparative financial data from the end of the previous fiscal year.)
Key Players & Entities
- DOMINOS PIZZA INC (company) — Filer
- 0000950170-24-084431 (accession_number) — Filing identifier
- 20240616 (date) — Period of report
- 30 FRANK LLOYD WRIGHT DRIVE (address) — Business and mail address
- ANN ARBOR (city) — Business and mail city
- MI (state) — Business and mail state
- 48105 (zip_code) — Business and mail zip code
- (734) 930-3030 (phone_number) — Business phone
FAQ
What are the primary operating segments of Domino's Pizza Inc. as detailed in this filing?
The filing mentions 'DomesticFranchiseMember', 'InternationalFranchiseMember', 'DomesticStoresMember', and 'USStoresMember' as operating segments or related entities.
What is the fiscal year end for Domino's Pizza Inc.?
The fiscal year end for Domino's Pizza Inc. is January 2nd (0102).
What is the SEC file number for this 10-Q filing?
The SEC file number is 001-32242.
What is the Central Index Key (CIK) for Domino's Pizza Inc.?
The Central Index Key for Domino's Pizza Inc. is 0001286681.
What is the SIC code listed for Domino's Pizza Inc.?
The Standard Industrial Classification (SIC) code listed is 5140, which corresponds to WHOLESALE-GROCERIES & RELATED PRODUCTS.
Filing Stats: 4,394 words · 18 min read · ~15 pages · Grade level 13.6 · Accepted 2024-07-18 06:15:30
Key Financial Figures
- $0.01 — d Domino's Pizza, Inc. Common Stock , $0.01 par value DPZ New York Stock Exchan
Filing Documents
- dpz-20240616.htm (10-Q) — 2044KB
- dpz-ex31_1.htm (EX-31.1) — 15KB
- dpz-ex31_2.htm (EX-31.2) — 15KB
- dpz-ex32_1.htm (EX-32.1) — 11KB
- dpz-ex32_2.htm (EX-32.2) — 10KB
- 0000950170-24-084431.txt ( ) — 8384KB
- dpz-20240616.xsd (EX-101.SCH) — 1065KB
- dpz-20240616_htm.xml (XML) — 1817KB
Financial Statements
Financial Statements 3 Condensed Consolidated Balance Sheets (Unaudited) – As of June 16, 2024 and December 31, 2023 3 Condensed Consolidated Statements of Income (Unaudited) – Fiscal quarters and two fiscal quarters ended June 16, 2024 and June 18, 2023 4 Condensed Consolidated Statements of Comprehensive Income (Unaudited) – Fiscal quarters and two fiscal quarters ended June 16, 2024 and June 18, 2023 5 Condensed Consolidated Statements of Cash Flows (Unaudited) – Two fiscal quarters ended June 16, 2024 and June 18, 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 14 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 26 Item 4.
Controls and Procedures
Controls and Procedures 26 PART II. OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 27 Item 1A.
Risk Factors
Risk Factors 27 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 27 Item 3. Defaults Upon Senior Securities 27 Item 4. Mine Safety Disclosures 27 Item 5. Other Information 28 Item 6. Exhibits 29
SIGNATURES
SIGNATURES 30 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) June 16, 2024 December 31, 2023 (1) Assets Current assets: Cash and cash equivalents $ 283,699 $ 114,098 Restricted cash and cash equivalents 197,019 200,870 Accounts receivable, net 285,961 282,809 Inventories 69,279 82,964 Prepaid expenses and other 50,291 30,215 Advertising fund assets, restricted 99,849 106,335 Total current assets 986,098 817,291 Property, plant and equipment: Land and buildings 108,653 108,791 Leasehold and other improvements 183,647 176,817 Equipment 381,036 364,620 Construction in progress 14,188 24,505 687,524 674,733 Accumulated depreciation and amortization ( 391,121 ) ( 370,368 ) Property, plant and equipment, net 296,403 304,365 Other assets: Operating lease right-of-use assets 210,919 207,323 Goodwill 11,578 11,688 Capitalized software, net 147,677 134,105 Investment in DPC Dash 136,252 143,553 Deferred income tax assets, net 19,940 13,680 Other assets 47,139 42,894 Total other assets 573,505 553,243 Total assets $ 1,856,006 $ 1,674,899 Liabilities and stockholders' deficit Current liabilities: Current portion of long-term debt $ 4,938 $ 56,366 Accounts payable 110,556 106,267 Operating lease liabilities 39,955 39,330 Insurance reserves 27,574 28,135 Dividends payable 54,478 1,514 Advertising fund liabilities 97,845 104,246 Other accrued liabilities 172,482 211,492 Total current liabilities 507,828 547,350 Long-term liabilities: Long-term debt, less current portion 4,973,676 4,934,062 Operating lease liabilities 183,429 179,548 Insurance reserves 35,707 38,559 Other accrued liabilities 46,491 45,747 Total lo