Domino's Pizza Files 10-Q, Details Financials
Ticker: DPZ · Form: 10-Q · Filed: Oct 10, 2024 · CIK: 1286681
Sentiment: neutral
Topics: 10-Q, financials, equity-awards, debt
Related Tickers: DPZ
TL;DR
DPZ 10-Q filed. Stock options, performance shares, and debt details out.
AI Summary
Domino's Pizza Inc. filed its 10-Q for the period ending September 8, 2024. The filing details financial performance and operational updates, including information on stock options, performance shares, and various debt instruments like the "Two Thousand Twenty-One Seven Point Five Year Fixed Rate Notes". The company's fiscal year ends on January 2nd, with its headquarters located at 30 Frank Lloyd Wright Drive, Ann Arbor, MI.
Why It Matters
This filing provides investors with a quarterly update on Domino's financial health, including details on stock-based compensation and debt, which are crucial for understanding the company's financial structure and potential future performance.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags.
Key Players & Entities
- DOMINOS PIZZA INC (company) — Filer
- 0000950170-24-113947 (other) — Accession Number
- 20240908 (date) — Period of Report
- 20241010 (date) — Filing Date
- 30 FRANK LLOYD WRIGHT DRIVE (address) — Business Address
- ANN ARBOR (city) — Business Address City
- MI (state) — Business Address State
- 48105 (zip_code) — Business Address Zip
- 001-32242 (other) — SEC File Number
- dpz:TwoThousandTwentyOneSevenPointFiveYearFixedRateNotesMember (financial_instrument) — Debt Instrument
FAQ
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is 20240908, meaning the filing covers the period up to September 8, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on 20241010.
What is Domino's Pizza Inc.'s fiscal year end?
Domino's Pizza Inc.'s fiscal year ends on 0102 (January 2nd).
What is the company's primary business address?
The company's business address is 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR, MI 48105.
What specific types of equity awards are mentioned in the filing data?
The filing data mentions us-gaap:EmployeeStockOptionMember and us-gaap:PerformanceSharesMember.
Filing Stats: 4,340 words · 17 min read · ~14 pages · Grade level 14.1 · Accepted 2024-10-10 06:15:20
Key Financial Figures
- $0.01 — d Domino's Pizza, Inc. Common Stock , $0.01 par value DPZ New York Stock Exchan
Filing Documents
- dpz-20240908.htm (10-Q) — 2062KB
- dpz-ex10_1.htm (EX-10.1) — 52KB
- dpz-ex31_1.htm (EX-31.1) — 16KB
- dpz-ex31_2.htm (EX-31.2) — 15KB
- dpz-ex32_1.htm (EX-32.1) — 11KB
- dpz-ex32_2.htm (EX-32.2) — 11KB
- 0000950170-24-113947.txt ( ) — 8513KB
- dpz-20240908.xsd (EX-101.SCH) — 1068KB
- dpz-20240908_htm.xml (XML) — 1842KB
Financial Statements
Financial Statements 3 Condensed Consolidated Balance Sheets (Unaudited) – As of September 8, 2024 and December 31, 2023 3 Condensed Consolidated Statements of Income (Unaudited) – Fiscal quarters and three fiscal quarters ended September 8, 2024 and September 10, 2023 4 Condensed Consolidated Statements of Comprehensive Income (Unaudited) – Fiscal quarters and three fiscal quarters ended September 8, 2024 and September 10, 2023 5 Condensed Consolidated Statements of Cash Flows (Unaudited) – Three fiscal quarters ended September 8, 2024 and September 10, 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) September 8, 2024 December 31, 2023 (1) Assets Current assets: Cash and cash equivalents $ 189,084 $ 114,098 Restricted cash and cash equivalents 185,439 200,870 Accounts receivable, net 278,707 282,809 Inventories 69,168 82,964 Prepaid expenses and other 38,725 30,215 Advertising fund assets, restricted 111,134 106,335 Total current assets 872,257 817,291 Property, plant and equipment: Land and buildings 105,018 108,791 Leasehold and other improvements 185,915 176,817 Equipment 389,488 364,620 Construction in progress 13,588 24,505 694,009 674,733 Accumulated depreciation and amortization ( 400,602 ) ( 370,368 ) Property, plant and equipment, net 293,407 304,365 Other assets: Operating lease right-of-use assets 215,040 207,323 Goodwill 11,578 11,688 Capitalized software, net 151,947 134,105 Investment in DPC Dash 162,424 143,553 Deferred income tax assets, net 21,216 13,680 Other assets 47,197 42,894 Total other assets 609,402 553,243 Total assets $ 1,775,066 $ 1,674,899 Liabilities and stockholders' deficit Current liabilities: Current portion of long-term debt $ 4,946 $ 56,366 Accounts payable 97,847 106,267 Operating lease liabilities 40,806 39,330 Insurance reserves 27,137 28,135 Dividends payable 54,063 1,514 Advertising fund liabilities 109,219 104,246 Other accrued liabilities 176,490 211,492 Total current liabilities 510,508 547,350 Long-term liabilities: Long-term debt, less current portion 4,970,687 4,934,062 Operating lease liabilities 186,981 179,548 Insurance reserves 37,212 38,559 Other accrued liabilities 46,316 45,747 Tot