Domino's Pizza Inc (NYSE: DPZ) dipped Thursday on posting second-quarter numbers. The Ann Arbor, Michigan-based Domino’s, the largest pizza company in the world based on global retail sales, announced results for the second quarter of fiscal 2018, comprised of strong growth in same store sales, global store counts and earnings per share.
Domestic same store sales grew 6.9% during the quarter versus the year-ago period, continuing the positive sales momentum in the Company's domestic business. The international division also posted positive results, with same store sales growth of 4.0% during the quarter.
Incidentally, the second quarter marked the 98th consecutive quarter of positive international same store sales growth and the 29thconsecutive quarter of positive domestic same store sales growth. The Company also had second quarter global net store growth of 156 stores, comprised of 113 net new international stores and 43 net new domestic stores
Diluted EPS was $1.78 for the second quarter, which was up 34.8% over the Company's diluted EPS in the prior-year quarter.
Said CEO Ritch Allison, "Global retail sales remain strong as we see our franchisees building new stores, growing same store sales and bringing customers back again and again. Our second quarter was highlighted by yet another innovation in food delivery with the launch of Domino's HotSpots™, of which there are now more than 200,000 across the United States."
Shares in Domino’s slipped 45 cents to $283.23
