Last10K.com

Dominos Pizza Inc (DPZ) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 30, 2012

Dominos Pizza Inc

CIK: 1286681 Ticker: DPZ

EXHIBIT 99.1

 

LOGO   

 

For Immediate Release

  

 

Contact: Lynn Liddle, Executive Vice President,

Communications, Investor Relations and Legislative Affairs

(734) 930-3008

     
     

Domino’s Pizza Announces 2012 Financial Results

Delivers 23% EPS Growth in Fourth Quarter; Initiates Regular Dividend

ANN ARBOR, Michigan, February 28, 2013: Domino’s Pizza, Inc. (NYSE: DPZ)

, the recognized world leader in pizza delivery, today announced results for the fourth quarter and fiscal 2012, comprised of strong EPS and global store count growth, and positive same store sales. Historically consistent cash generation also enabled the Board of Directors to declare a regular dividend. Domestic same store sales grew 4.7% during the fourth quarter versus the year-ago period, and 3.1% for the full year, continuing the positive sales momentum in the Company’s domestic business. International also posted strong results with same store sales growth of 5.2% for both the quarter and full year periods. The fourth quarter marked the 76th quarter – or 19th full year – of consecutive quarterly international same store sales growth for the division. The Company also had global net store growth of 513 stores in 2012, led by a record 492 net new stores internationally, along with 21 net new domestic stores.

Fourth quarter diluted EPS was 64 cents, up 23.1% over the Company’s EPS in the prior year quarter. Diluted EPS, as reported, was $1.91 for fiscal 2012, up 12% over the as reported EPS in the prior year. Diluted EPS, as adjusted, was $2.02 for fiscal 2012, up nearly 20% over the as adjusted diluted EPS in the prior year. The Company also repurchased and retired 1,136,648 shares of its common stock for $45.5 million during the quarter and repurchased and retired 2,472,863 shares of its common stock for $88.2 million in fiscal 2012.

On February 27, 2013 the Board of Directors declared a 20-cent quarterly dividend for shareholders of record as of March 15, 2013 to be paid on March 29, 2013.

J. Patrick Doyle, Domino’s President and Chief Executive Officer, said: “Our performance in 2012 was yet another example of the consistent results we have delivered to our shareholders. Our strong global brand is driving a robust record of same store sales growth, new store openings and technological innovation that is building our business globally.”

Doyle continued, “The Board’s initiation of a regular quarterly dividend, in addition to our intention to continue share repurchases, are further evidence of our commitment to return value to our shareholders.”

Fourth Quarter and Fiscal 2012 Highlights:

 

(dollars in millions, except per share data)    Fourth
Quarter of
2012
     Fourth
Quarter of
2011
     Fiscal
2012
     Fiscal
2011
 

Net income

   $ 37.6       $ 30.9       $ 112.4       $ 105.4   

Weighted average diluted shares

     58,487,618         59,764,693         58,997,476         61,653,519   

Diluted earnings per share, as reported

   $ 0.64       $ 0.52       $ 1.91       $ 1.71   

Items affecting comparability*

     —            —            0.11         (0.02
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per share, as adjusted

   $ 0.64       $ 0.52       $ 2.02       $ 1.69   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

* Refer to the items affecting comparability section on Page Four for additional details.

 

   

Revenues were up 7.5% for the fourth quarter versus the prior-year period, due primarily to higher volumes in domestic supply chain, higher same store sales in both domestic and international stores and store count growth in international markets.

 

   

Net Income was up 21.6% for the fourth quarter versus the prior-year period, primarily driven by domestic and international same store sales growth, international store growth and improved operating margins

More...


The following information was filed by Dominos Pizza Inc (DPZ) on Thursday, February 28, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Dominos Pizza Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Dominos Pizza Inc.

Continue

Assess how Dominos Pizza Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Dominos Pizza Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2013 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income
Consolidated Statements Of Stockholders' Deficit
Capital Structure
Capital Structure (tables)
Capital Structure - Additional Information (detail)
Classification Of Net Deferred Income Taxes (detail)
Commitment And Contingencies - Additional Information (detail)
Commitments And Contingencies
Commitments And Contingencies (tables)
Components Of Consolidated Provision For Income Taxes (detail)
Consolidated Long-term Debt (detail)
Consolidated Long-term Debt (parenthetical) (detail)
Description Of Business And Summary Of Significant Accounting Policies
Description Of Business And Summary Of Significant Accounting Policies (policies)
Description Of Business And Summary Of Significant Accounting Policies (tables)
Description Of Business And Summary Of Significant Accounting Policies - Additional Information (detail)
Differences Between Statutory Income Tax Provision And Consolidated Provision For Income Taxes (detail)
Earning Per Share (detail)
Earnings Per Share
Earnings Per Share (tables)
Earnings Per Share - Additional Information (detail)
Employee Benefits
Employee Benefits - Additional Information (detail)
Equity Incentive Plans
Equity Incentive Plans (tables)
Equity Incentive Plans - Additional Information (detail)
Estimated Useful Lives Of Property Plant And Equipment Excluding Capital Lease Asset (detail)
Fair Value Measurements
Fair Value Measurements (tables)
Financial Information By Operating Segment (detail)
Financial Instruments With Off - Balance Sheet Risk - Additional Information (detail)
Financial Instruments With Off-balance Sheet Risk
Future Minimum Rental Commitments For All Non-cancelable Leases (detail)
Goodwill (detail)
Identifiable Asset Information (detail)
Income Before Provision For Income Taxes (detail)
Income Taxes
Income Taxes (tables)
Income Taxes - Additional Information (detail)
Inventories (detail)
Maturities Of Long-term Debt And Capital Lease Obligations (detail)
Parent Company Condensed Balance Sheets (detail)
Parent Company Condensed Balance Sheets (parenthetical) (detail)
Parent Company Condensed Statements Of Cash Flows (detail)
Parent Company Condensed Statements Of Income (detail)
Periodic Financial Data (detail)
Periodic Financial Data (unaudited; In Thousands, Except Per Share Amounts)
Periodic Financial Data (unaudited; In Thousands, Except Per Share Amounts) (tables)
Recapitalization And Financing Arrangements - Additional Information (detail)
Recapitalizations And Financing Arrangements
Recapitalizations And Financing Arrangements (tables)
Reconciliation Of Total Segment Income To Income Before Provision For Income Taxes (detail)
Restricted Stock And Performance Based Restricted Stock Activity Related To Equity Incentive Plans (detail)
Sale And Closure Of Company Owned Stores - Additional Information (detail)
Sale And Closure Of Company-owned Stores
Schedule I - Condensed Financial Information Of The Registrant
Segment Information
Segment Information (tables)
Segment Information - Additional Information (detail)
Share Components Of Outstanding Common Stock (detail)
Significant Components Of Net Deferred Income Taxes (detail)
Stock Options Activity Related To Equity Incentive Plans (detail)
Stock Options Valuation Assumptions (detail)
Subsequent Events
Subsequent Events - Additional Information (detail)
Summary Of Fair Value Measurements (detail)
Supplemental Disclosure Of Cash Flow Information - Additional Information (detail)
Unrecognized Tax Benefits (detail)
Valuation And Qualifying Accounts
Valuation And Qualifying Accounts (detail)
Ticker: DPZ
CIK: 1286681
Form Type: 10-K Annual Report
Accession Number: 0001193125-13-081957
Submitted to the SEC: Thu Feb 28 2013 7:34:27 AM EST
Accepted by the SEC: Thu Feb 28 2013
Period: Sunday, December 30, 2012
Industry: Wholesale Groceries And Related Products

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/dpz/0001193125-13-081957.htm