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Yahoo
10 hours ago
- Business
- Yahoo
Domino's Pizza Inc (DPZ) Q2 2025 Earnings Call Highlights: Strong Growth in US and ...
Income from Operations: Increased 14.9% in Q2, excluding foreign currency impact. Global Retail Sales Growth: 5.6% in Q2, excluding foreign currency impact. US Retail Sales Growth: 5.1% in Q2, driven by same-store sales and net store growth. Same-Store Sales Growth: 3.4% in the US for Q2. Carryout Comps: Increased 5.8% in Q2. Delivery Growth: Positive 1.5% in Q2. Net New Stores in the US: Added 30, bringing the total to 7,061. International Retail Sales Growth: 6% in Q2, excluding foreign currency impact. International Same-Store Sales Growth: 2.4% in Q2. Net Store Growth Internationally: 148 new stores in Q2. Share Repurchase: Approximately 316,000 shares repurchased at an average price of $475, totaling $150 million. Refranchising Gain: $3.9 million pre-tax gain from refranchising 36 company-owned stores. Warning! GuruFocus has detected 4 Warning Signs with AGYS. Release Date: July 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Domino's Pizza Inc (NASDAQ:DPZ) reported strong results in the second quarter, with positive growth in both delivery and carryout businesses in the US. The launch of the Parmesan Stuffed Crust Pizza has been successful, attracting new customers and meeting high expectations. The company completed a national rollout with DoorDash, which is expected to be a significant driver of US sales in the latter half of the year. Domino's rewards program continues to grow, contributing positively to the company's comps, particularly in the carryout business. The refranchising of 36 company-owned stores in Maryland resulted in a pre-tax gain, strengthening the brand's position for long-term success. Negative Points The macroeconomic environment remains challenging, impacting financial results despite profit growth slightly ahead of expectations. Foreign currency fluctuations are expected to be a headwind, potentially impacting operating income growth. The international same-store sales growth is expected to be modest due to potential global macro and geopolitical uncertainties. The company faces pressure from a flat QSR pizza category, which could challenge sustained growth in the future. Corporate store margins were impacted by an insurance charge, highlighting potential vulnerabilities in the company's cost structure. Q & A Highlights Q: How does Domino's plan to sustain a 3% plus comp growth in the long term, given the current initiatives like Stuffed Crust and third-party marketing? A: Russell Weiner, CEO, emphasized that Domino's has consistently gained market share over the past decade, and the current initiatives like partnerships with aggregators and new product launches are not one-time events but part of a long-term strategy. The company has built a strong arsenal of tools, including a new loyalty program and e-commerce platform, to continue driving growth and capturing market share. Q: Can you provide more details on the US sales outlook for the second half of the year and the impact of initiatives like DoorDash and loyalty programs? A: Russell Weiner, CEO, mentioned that initiatives such as the "Best Deal Ever" promotion and the full rollout of DoorDash are expected to drive sales in the second half. Sandeep Reddy, CFO, added that the carryout business is performing well, supported by the loyalty program, and both delivery and carryout are expected to be positive for the year. Q: How does Domino's view the potential for DoorDash as a growth vehicle in the coming years? A: Russell Weiner, CEO, explained that Domino's aims to achieve its fair share on aggregator platforms like DoorDash and Uber Eats. The company sees significant potential for growth on these platforms, expecting to match its market share outside of aggregators over time. Q: What is the status of international market share gains, particularly in top markets like India? A: Russell Weiner, CEO, highlighted India as a success story, with strong adoption of the Hungry for MORE strategy. Initiatives like new product launches and operational excellence are driving growth. Sandeep Reddy, CFO, added that other markets like Canada and Mexico are also performing well, with strong adoption of the strategy. Q: How is Domino's addressing the current value-focused environment in the US pizza segment? A: Russell Weiner, CEO, stated that Domino's is well-positioned to thrive in a value-focused environment due to its strong franchisee economics, supply chain efficiencies, and large advertising budget. The company views consumer demand for value as an opportunity to gain market share, as it is better equipped than competitors to offer value while maintaining profitability. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Business Wire
a day ago
- Business
- Business Wire
Emburse Expands Receipt Integration Ecosystem with the AAdvantage Business™ program and DoorDash for Business
DALLAS--(BUSINESS WIRE)-- Emburse, the company defining Expense Intelligence through AI-powered travel and spend orchestration, today announced the addition of American Airlines AAdvantage Business™ and DoorDash for Business to its growing network of real-time receipt integrations. Emburse is also showcasing its AI-Powered Folio Capture for hotel and car rentals, setting a new standard in automated expense processing. These developments further Emburse's mission to eliminate manual expense reporting by embedding automation directly into business travelers' everyday workflows. Emburse Grows Real-Time Receipt Integration Network Business travelers' receipts from their AAdvantage Business™ flights and DoorDash meals are now automatically imported into Emburse's expense platform—streamlining the experience for users, reducing fraud risk, and giving finance teams enhanced visibility into real-time spend. Furthermore, expense reporting is streamlined using Emburse AI to automatically combine receipts and card transactions into one accurate expense entry. The addition of the AAdvantage Business™ program and DoorDash for Business strengthens Emburse's position as an innovative category leader, building on an expanding ecosystem of partners, which include Uber, Lyft, Grab, Amazon Business, SpotHero, Parking Spot, and TMCs like AmTrav, Egencia, BCD, Navan, CTM, and Emburse's own booking tool, Emburse Book. 'This isn't just about making expenses easier for employees—it's about giving finance leaders confidence and control,' said Paul Nagy, Chief Product Officer of Emburse. 'By expanding our ecosystem to include partners like the AAdvantage Business™ program and DoorDash for Business, and investing in Emburse AI, we're transforming manual receipt capture into a frictionless, hassle-free experience. This is what Expense Intelligence looks like: user-centric, strategic, and designed to improve compliance and financial decision-making.' The new receipt integrations flow directly into Emburse's receipt wallet, automatically matching purchases to transactions and triggering smart expense creation. This saves time by eliminating the need to email and upload receipts, while enabling travel policy enforcement and speeding up reconciliation. The American Airlines AAdvantage Business™ receipt integration is included at no additional cost for Emburse Enterprise or Emburse Professional customers. The DoorDash for Business receipt integration is included at no additional cost for Emburse Enterprise customers. 'At American Airlines, we're committed to making business travel more rewarding and seamless for SMBs and their employees,' said Jacob Teplin, Managing Director of the AAdvantage Business™ program. 'Our integration with Emburse is tailored to meet the unique needs of SMBs by simplifying travel expense management, improving visibility into spend, and helping teams maximize rewards. Through this partnership, AAdvantage Business™ members can effortlessly control costs and streamline processes—freeing up resources to focus on growing their business.' 'DoorDash for Business is dedicated to simplifying meal solutions for organizations and their teams,' said Katie Egan, General Manager of DoorDash for Business. 'Our integration with Emburse streamlines expense reporting, allowing employees to focus on their work while helping to ensure that finance teams have accurate, real-time data. This partnership exemplifies our commitment to enhancing operational efficiency and employee satisfaction.' Next-Gen Innovation: AI-Powered Hotel and Car Rental Folios The new integrations build on recent innovations such as AI-Powered Folio Capture for hotel and car rentals—another significant step to eliminating manual work for business travelers and finance teams alike. Based on Emburse AI's OCR transcription announced earlier this year, this new enhancement automates the capture, extraction, and itemization of hotel and car folio data from a variety of sources, including email, mobile, and web uploads. Whether a traveler submits a PDF or a snapshot from their phone, Emburse AI ensures a seamless, accurate, and consistent user experience. The upgraded folio solution intelligently adapts in real-time to evolving templates from global hotel chains and car rental agencies, extracting critical data like check-in/check-out dates and itemized charges with industry-leading accuracy. This smart automation not only accelerates reimbursement cycles for employees but also reduces processing times and errors for finance teams. Additional features like bulk editing, autofill fields, and mobile support further streamline workflows, making auditing and compliance faster and easier. By integrating intelligent receipt and folio capture into the expense lifecycle, Emburse is helping organizations shift from manual oversight to strategic insight—turning transaction data into smarter business decisions. Continued AI Innovation Ahead Additional receipt integrations will be rolled out to customers later this year, with new AI-powered capabilities that will enable the auto-merging of receipts, transactions, and travel data in real-time. These enhancements support Emburse's broader strategy to build a unified, intelligent expense infrastructure—one that simplifies processes and delivers smart automation, one receipt and folio at a time. To learn more about Emburse's expanding integration ecosystem, click here. About Emburse Emburse delivers Expense Intelligence—transforming reactive expense management into forward-thinking financial confidence. Expense Intelligence harnesses AI to orchestrate corporate spend across travel booking, procurement, reimbursements, and payments, embedding dynamic policy controls and predictive insights directly into workflows. This real-time approach empowers organizations with the agility to adapt, control risks, and strategically optimize spend. Trusted globally by more than 12 million finance leaders, travel managers, and professionals, Emburse serves over 20,000 organizations in 120 countries—including Global 2000 enterprises, SMBs, public sector agencies, and nonprofits. By proactively managing and accurately validating spend, Emburse ensures robust financial governance, enhanced compliance, and unsurpassed visibility into spend behaviors—all while dramatically streamlining the process for every employee. At Emburse, Expense Intelligence is more than a feature—it's a framework for transformation, reshaping the role of finance teams from administrators to strategic drivers of organizational success. To learn more about Emburse, visit and follow us on social media @emburse. About AAdvantage Business ™ The AAdvantage Business™ loyalty program from American rewards eligible companies and their travelers for booking business travel anywhere with American, including the American app or with an agency. Businesses earn AAdvantage® miles to use across the company for flights, upgrades, lounge access and beyond. At the same time, registered business travelers can earn additional Loyalty Points, while continuing to earn miles and Loyalty Points as AAdvantage® members. These additional Loyalty Points can accelerate their path to status. Plus, companies have access to a suite of tools to better manage business travel, with seamless booking on for business travelers.
Yahoo
a day ago
- Business
- Yahoo
Domino's belated stuffed crust and delivery investments drive 3.4% sales growth
You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Domino's Pizza reported 3.4% same-store sales growth for the second quarter ended June 15 — its highest sales rate in a year — as the Ann Arbor, Mich.-based chain's "Hungry for More" strategy began to pay dividends. CEO Russell Weiner attributed the healthy quarterly performance to the successful launch of the company's first stuffed crust pizza and the expansion of delivery partnerships with Uber Eats and DoorDash. Domino's Pizza rolled out Parmesan stuffed crust pizza early in the second quarter, notably becoming the last major quick-service pizza chain to offer stuffed crust pizza, prompting Pizza Hut to call out its competitor for bandwagon innovation 30 years after Pizza Hut came out with stuffed crust. 'Customers love Parmesan stuffed crust pizza,' Weiner said during a call with investors on Monday. 'The early read shows that the addition of stuffed crust should be a market share catalyst for us over time, as this was a big reason why Domino's customers would go elsewhere in the past.' Domino's was also a late entrant into the delivery aggregation channel, as the company for years held out by only offering first-party delivery as a brand differentiator. The pizza chain first announced a brand-first partnership with Uber Eats in 2023, which expanded to DoorDash in April. Weiner mentioned that last quarter, both the delivery and carryout businesses were strong, while the company had previously relied on the carryout channel to drive revenue growth. 'The expectation is that our sales on DoorDash will build as awareness and marketing increases,' Weiner said. 'We're now fully rolled out on the two largest aggregators, and with the stuffed crust, we now have all the major crust types on our menu. We have never had this many tools at our disposal to capture market share. This will be how we drive best in class results and long-term value creation for our franchisees and shareholders.' Besides catching up to competitors with menu innovation and delivery partnerships, Domino's is focusing on its loyalty program, which was revamped in 2023, and continues to be a growth driver for the brand as membership increases. 'I expect Domino's Rewards to be a multi-year sales driver,' Weiner said. 'We have a strong slate of initiatives ready to go for the rest of the year, including our 'Best Deal Ever' promotion, which is currently running through early August. We will continue to give customers what they want, which is more value in an environment where they remain pressured.' For the second quarter ended June 15, Domino's net income declined 7.7% to $131.1 million, or $3.81 per share, compared to $142 million, or $4.03 a share, in the prior-year period. Revenues increased 4.3% to $1.15 billion, compared to $1.1 billion in the same quarter last year. Domino's opened 178 net new stores globally, for a total of 21,536 locations. Contact Joanna at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
a day ago
- Business
- Globe and Mail
Back to Basics or Back to Growth? Inside Dollar General's 2025 Plan
Dollar General Corporation 's DG first-quarter fiscal 2025 performance suggests a strong emphasis on "Back to Basics," laying the groundwork for a renewed path to growth. Net sales rose 5.3%, and same-store sales climbed 2.4%, driven by improved store standards, stronger customer service, better inventory control and meaningful progress on shrink mitigation, which lifted the gross margin. Merchandising initiatives, particularly SKU rationalization, are streamlining assortments to focus on high-velocity items, contributing to sales momentum. This effort aligns with improving execution in seasonal and non-consumable categories. Additionally, Dollar General continues to attract higher-income 'trade-in' customers seeking value, supported by its commitment to maintaining more than 2,000 items priced at or below $1. Furthermore, the significant investment in Project Elevate and Project Renovate remodels — targeting 20% of the store base annually — aims to bolster performance in mature stores. These remodels are expected to drive comp growth. Dollar General's goal for Project Elevate stores is to achieve first-year annualized comparable sales lifts ranging from 3% to 5%. On the digital front, Dollar General is ramping up delivery capabilities through its exclusive partnership with DoorDash and a growing in-house same-day service, now active in 3,000-plus locations. With SNAP and EBT now integrated into online orders, the retailer is broadening access and tapping into new customer segments. Overall, Dollar General's disciplined focus on operations, combined with its value proposition and strategic growth initiatives, positions it to convert 'Back to Basics' into sustainable growth. DG expects 3.7%-4.7% net sales growth, with 1.5%-2.5% same-store sales growth for fiscal 2025. Dollar General's Price Performance, Valuation and Estimates Dollar General stock has rallied 55.7% over the past six months against the industry 's decline of 0.1%. The company has also comfortably outperformed key peers such as Target Corporation TGT and Costco Wholesale Corporation COST. During the same period, Target shares have tumbled 23.8%, while Costco has posted a modest gain of 0.7%. Dollar General's forward 12-month price-to-earnings ratio of 18.21 reflects a lower valuation compared to the industry's average of 31.61. DG carries a Value Score of B. DG is trading at a premium to Target (with a forward 12-month P/E ratio of 13.21) but at a discount to Costco (48.26). The Zacks Consensus Estimate for Dollar General's current financial-year sales suggests year-over-year growth of 4.4%, while estimates for earnings per share imply a decline of 2.7%. Dollar General currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. One Big Gain, Every Trading Day To help you take full advantage of this market, you're invited to access every stock recommendation in all our private portfolios - for just $1. Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That's about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%. Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report
Reuters
a day ago
- Business
- Reuters
Domino's Pizza beats quarterly sales estimate on strong US demand
July 21 (Reuters) - Domino's Pizza (DPZ.O), opens new tab surpassed analysts' expectations for second-quarter U.S. same-store sales on Monday, driven by new items on the menu and promotions, amid persisting macroeconomic uncertainties, sending shares up about 5% in early trade. The world's largest pizza chain introduced items such as the parmesan-stuffed crust pizza to its list, and attracted value-conscious consumers through deals under its rewards program. These efforts helped offset the impact from U.S. President Donald Trump's fluctuating tariff policies and the resulting trade tensions. Consumer spending has declined in recent months due to rising inflation and uncertainty surrounding Trump's policies, prompting customers to seek value offerings rather than expensive dine-out options, which has benefited pizza chains like Domino's. "In the U.S., both delivery and carry out grew, driving meaningful market share gains," Domino's CEO Russell Weiner said. Domino's posted a 3.4% rise in same-store sales in the U.S. for the quarter ended June 15, exceeding analysts' average estimate of a 2.21% rise, according to data compiled by LSEG. That marked its first beat in five quarters. "Domino's has a competitive advantage relative to peers in the sector from the discounts they offer that are difficult to match profitably," said Northcoast Research analyst Jim Sanderson. The company's online sales grew, aided by discounts and its DoorDash DASH.O partnership, which doubled third-party delivery sales to about 5%, according to M Science analyst Matt Goodman. Momentum from third-party aggregators and discounts will help drive Domino's sales ahead of peers, Sanderson added. International same-store sales grew 2.4%, also ahead of the estimate of 1.71% growth, while quarterly revenue rose 4.3% to $1.15 billion, in line with estimates. Domino's posted quarterly earnings per share of $3.81, compared with the estimate of $3.95. The company said price hikes on the ingredient packs supplied to outlets reduced the gross margin for its U.S. company-owned stores by 2%.
