38 consecutive quarters of positive same store sales
U.S. average self-reported annual EBITDA per franchise store in 2019 was $143k
Estimated enterprise annual EBITDA per franchisee in 2019 was over $1M
International
11,017 franchise stores
No company-owned stores
~3.0% average international royalty rate
107 consecutive quarters of positive same store sales
Supply Chain & Fresh Dough Production
Sells and delivers food, equipment and supplies to U.S. and Canadian stores
19 supply chain centers, as well as 2 thin crust, 1 vegetable processing and 1 equipment & supply facilities within the contiguous U.S.
7 supply chain facilities outside the contiguous U.S. (Canada, Alaska and Hawaii)
Franchise profit-sharing agreement
Pass-throughpricing to stores on most items - reduces volatility
AS OF Q3 2020
Adjusted EPS Growth
Certain EPS amounts are adjusted for items affecting comparability
Items adjusting reported EPS are detailed in the respective Company earnings releases Actual EPS: 2016 ($4.30)…2017 ($5.83)…2018 ($8.35)…2019 ($9.56)
Capital Structure
Franchise model works well with leverage ($4.1 billion total debt)
Completed latest recapitalization transaction in November 2019
New debt included $675 million at a rate of 3.67%
Existing 2018 debt of $825 million and 2017 debt of $1.6 billion, both in fixed rate notes + $300 million in variable rate notes
Existing 2015 debt of $800 million
Blended rate of total outstanding notes is ~3.9% (as of Q3 2020)
Debt-to-EBITDAratio at ~6.0x upon 2019 recapitalization completion (3-6x is stated range)
Next par call date is October 2022
($420 million 2018 notes, $774 million 2015 notes - both due 2025)
Relative Magnitude of Six Largest
Commodity Costs
Use of Cash
Buy Back Shares
$593.9 million in 2019 ($79.6 million YTD 2020 as of Q3)
$591 million (2018)…$1.06 billion (2017)…$300 million (2016)
Remaining authorization of $327M as of October 8
Pay Dividends
Quarterly dividends of $105 million (2019), $92 million (2018), $84 million (2017) and $74 million (2016)
Special dividends in 2007 and 2012
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Domino's Pizza Inc. published this content on 19 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 22:04:04 UTC
Domino's Pizza, Inc. is the world's leading pizza delivery chain. The group also provides fast food products (sandwiches, pasta, bread side dishes, salads, desserts, beverages, etc.). Net sales break down by activity as follows:
- operation and management of supply centers (60.6%): dough-making centers, thin crust manufacturing, food supply, vegetable processing, equipment supply, etc. At the end of 2023, Domino's Pizza, Inc. will have 27 centers in the United States (22) and Canada (5);
- operation of restaurants in the United States (32.5%): activity assured, at the end of 2023, through 6,854 points of sale, including 6,566 franchisees and 288 directly owned outlets;
- operation of restaurants outside France (6.9%): 13,737 franchisees.
DOMINO'S PIZZA INC. 
