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Domino's offers early look at Q3 numbers

Domino’s announced same-store sales and store growth for the third quarter of 2015, led by a 10.5 percent gain in U.S. same-store sales. This is one piece of information released by Domino's regarding the third quarter of 2015.

September 28, 2015

Domino's Pizza Inc. announced today information regarding its third quarter, which ended on Sept. 6, 2015. Financial results for the third quarter are expected to be fully reported on Oct. 8, according to a company press release.

The company has retention programs for workers' compensation, general liability and owned and non-owned automobile liabilities for its corporate stores, offices and supply chain centers. Insurance reserves relating to these retention programs are based on independent actuarial estimates.

While Domino’s claims activity in these areas has been fairly consistent over the past several years, a more recent increase in the frequency and severity of claims has resulted in an independent actuarial determination that will require the company to record an estimated pre-tax expense of approximately $5.7 million in the third quarter of 2015, the release stated This will result in an estimated 6-cent decrease in the third quarter 2015 diluted earnings per share.

Domino’s also announced same-store sales and store growth for the third quarter of 2015, led by a 10.5 percent gain in U.S. same-store sales.

Same-store sales at company-owned U.S. stores were up 11.5 percent, while franchised locations put in a 10.4 percent comp, the release stated.

International same-store sales were up 7.7 percent during the period.