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Domino's financials reveal 21st consecutive year of international same-store sales growth

Domestic same-store sales grew 11.1 percent during the quarter compared to the same period the prior year, and 7.5 percent for the full year.

February 24, 2015

Domino's Pizza Inc. has released its Q4 and FY 2014 results, and same-store sales continue their growth trajectory, the company said.

Domestic same-store sales grew 11.1 percent during the quarter compared to the same period the prior year, and 7.5 percent for the full year. The international division posted same-store sales growth of 6.1 percent for Q4 and 6.9 percent for the full year. The fourth quarter marked the 84th consecutive quarter and 21st full year of international same-store sales growth, according to the announcement. Results also revealed global net store growth of 743 stores in 2014, composed of 81 net new domestic stores and a record 662 net new stores internationally.

Domino's President and Chief Executive Officer J. Patrick Doyle said in a statement, "Fundamental strength, with a growing global store base, robust sales and technological innovation, continues to truly drive the business. Franchisees are both energized and financially sound, which is fueling our store reimage program, sales and store growth."                 

Domino's reported revenues were up 13.5 percent for Q4 compared the prior year period, which was attributed to higher supply chain volumes, elevated commodity prices (specifically cheese and meats) and increased sales of equipment to stores as its store reimaging program continues.