Domino's Pizza Announces 2011 Financial Results

Global momentum drives 30 percent adjusted EPS growth for the quarter, 25 percent for 2011.


ANN ARBOR -- Domino's Pizza Inc. today announced results for the fourth quarter and fiscal 2011, each ended Jan. 1. Domestic same store sales grew 6.8 percent during the fourth quarter versus the year-ago period, and 3.5 percent for the full year, indicating sustained improvement in the Company's domestic business.

International also posted strong results with same store sales growth of 4.7 percent for the quarter, and 6.8 percent for the full year. This quarter marked the 72nd quarter -- or 18th full year -- of consecutive quarterly same store sales growth. The International division also had record net store growth in fiscal 2011 of 413 stores.

Fourth quarter diluted EPS was 52 cents, up 30 percent over the as-adjusted diluted EPS in the prior year quarter. Diluted EPS, as adjusted was $1.69 for fiscal 2011, up 25 percent over the as-adjusted diluted EPS in the prior year.

The Company also repurchased and retired 1,146,263 shares of its common stock for $35.8 million during the quarter and repurchased and retired 6,414,813 shares of its common stock for $165 million in fiscal 2011.

"Our positive results this year provide yet more evidence that we have successfully reset the bar for Domino's Pizza,” said Domino’s President and CEO J. Patrick Doyle, “The global momentum that we are driving through our innovation, commitment to food quality and outstanding service continues to energize our franchise owners and team members and inspire their terrific performance."

Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Related Articles

Detroit Tigers Announce Partnership With Uber

With only two days until Tigers Opening Day at Comerica Park, the Detroit Tigers today announced a partnership with mobile ridesharing company Uber, naming them the team’s official ride-sharing company. This season, there will be a dedicated pick-up and drop-off zone for fans choosing to Uber to and from Comerica Park, located on the northbound side of the I-75 service drive, between John R and Brush Street.

Detroit Pistons and Henry Ford Health System Partner on Training, Rehab, and Sports Medicine Complex  

The Detroit Pistons and Henry Ford Health System today announced plans to build a new 100,000-square-foot training, rehabilitation, and sports medicine complex in Detroit’s New Center area. The site is bordered by Amsterdam Street, Second and Third Avenues, and a set of railroad tracks to the north. Construction is expected to begin this summer.

Ford Invests $1B in Argo AI, Works Towards Leading Autonomous Vehicle Market

Dearborn-based automaker Ford Motor Co. today announced a $1 billion investment in Pittsburgh-based Argo AI over the next five years, to develop a virtual driver system for the autonomous vehicle Ford has planned for 2021, and for potential licensing opportunities.

Meridian Winter Blast Set to Coincide With North American International Auto Show

The thirteenth annual Meridian Winter Blast, presented by Quicken Loans, has been moved up several weeks and is now scheduled to coincide with the final weekend of the North American International Auto Show — January 20-22.

Detroit Pistons to Move to Downtown in 2017, will Generate Additional $596.2M in Economic Impact

Agreements under which the Pistons will move to downtown Detroit and begin playing next season at the new Little Caesars Arena in The District Detroit, a $1.2 billion sports and entertainment development, have been announced today.
Edit ModuleShow Tags

Most Popular

  1. Crown Enterprises in Warren Confirms Sale of Detroit’s Michigan Central Depot to Ford Motor Co.
    Matthew Moroun, chairman of Crown Enterprises Inc. in Warren, today announced that the company...
  2. Luxury Housing Developments Planned for Royal Oak, Birmingham
    Two new luxury housing developments are being built in Birmingham and Royal Oak. The Park West...
  3. Wayne County Commission Approves Sale of Four Justice Facilities to Detroit’s Rock Ventures, Failed Jail Site Demolition Begins Soon
    Rock Ventures, a real estate company owned by Dan Gilbert, founder and chairman of Quicken Loans...
  4. Line of Flight
    A longer runway at Cherry Capital Airport in Traverse City, new golf courses and wineries,...
  5. Faurecia in Auburn Hills Partners With Chinese Automobile Manufacturer
    Auburn Hills’ Faurecia, an automotive technology company, today signed a strategic partnership...
  6. Holland, Mich.’s JR Automation Acquires Auburn Hills’ Esys Automation
    JR Automation, a Holland, Mich.-based provider of intelligent automated manufacturing and...