BY ROY ALBERT ANDRADE, K1LLER, Inc.
ANN ARBOR, MICHIGAN - Domino's Pizza, Inc. (NYSE: DPZ), branded as Domino's, was founded in 1960, and has become the largest pizza company in the world based on global retail sales. Domino's Pizza, Inc. ranks among the world's top public restaurant brands, and has roughly 15,000 stores in over 85 markets. Domino's announced results for the first quarter of fiscal 2018, marking the 97th consecutive quarter of positive international same store sales growth, and continuing the positive sales momentum in the Company's domestic business. Online ordering and mobile applications have helped the Company achieve more than half of all global retail sales. First quarter diluted EPS was $2.00, up 58.7% over the prior year quarter.
During the first quarter of 2018, Domino's Pizza, Inc. repurchased 448,008 shares of its common stock for approximately $101.1 million. Furthermore, on April 24, 2018, the Board of Directors declared a 55-cent per share quarterly dividend for shareholders.
"The first quarter of 2018 was another outstanding performance by our franchisees and managers across the globe," said J. Patrick Doyle, Domino's President and Chief Executive Officer. "We delivered in every way: from global retail sales growth through strong domestic and international same store sales comps, to new stores, and through both delivery and carryout."
"As my tenure as CEO comes to a close, I am extremely proud of what we have accomplished as a global system over the past several years, and I am confident the future of Domino's is in good hands. Our business model works, thanks to our committed and hard-working franchisees, our dedicated store managers and the visionary leaders who are among the best in the restaurant industry."
Shawn W. Anderson