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This statistic highlights Dominos Pizza’s Same-store Sales Growth, reported on a quarterly basis from Q1 2016 onwards.
Dominos is the largest pizza company in the world, with a remarkable business in both aspects: delivery and carryout. It is a highly reclaimed global brand, and focusses on serving neighborhoods locally through the large worldwide network of franchise owners, as well as U.S. Company-owned stores.
|Category of Stores||Q4 2019||Q1 2020||Q2 2020||Q3 2020||Q4 2020||Q1 2021||Q2 2021||Q3 2021|
|US Company-owned stores||5.3||3.9||16.9||16.6||8.1||6.3||-2.6||-8.9|
|US Franchise Store||3.1||1.5||16||17.5||11.4||13.9||3.9||-1.5|
|International Stores (excluding FX)||1.7||1.5||1.3||6.2||7.3||11.8||13.9||8.8|
(All figures are in percentages)
Dominos Pizza’s Same-Store Sales Growth is bifurcated into the following segments:
US Company-owned stores
This category consists of stores in the United States that the company owns directly. This segment witnessed a huge incline of 57.50% between Q1 2016 and Q1 2021 from a sales growth of 4% to 6.3% respectively. However, a downfall can be seen of about 26.4% as Sales Growth declined from 5.3% in Q4 2019 to 3.9% in the first quarter of 2020. This decline is followed by a tremendous improvement in sales growth as it rose from 3.9% in Q1 2020 to 16.9% in Q2 2020. This accounts for the triple-digit incline of about 333.34%.
But from Q4 2020 onwards, the sales growth rate has been on a constant decline, showing a decrease of 22.2% between Q4 2020 and Q1 2021. There has been a huge fall in the same-store sales growth from -2.6% in Q2 2021 to -8.9% in Q3 2021, which indicates a massive decline of 242.30%.
US Franchise Store
This segment consists of stores in the United States that are operated through a Franchise dealership. It showed a huge incline of 110.606% between Q1 2016 and Q1 2021 (from 6.6% of same-stores sales growth to 13.9% respectively). This increase is followed by a downfall of about 51.61% as Sales Growth declined from 3.1% in Q4 2019 to 1.5% in the first quarter of 2020. However, a miraculous recovery of 966.67% can be seen in Q2 2020 as this metric grew from a mere 1.5% to 16%.
There were various fluctuations in the sales growth between Q2 2020 and Q2 2021. At last, there was a decrease of 138.46% from 3.9% in Q2 2021 to -1.5% in Q3 2021.
Same-Store Sales Growth of US stores indicated an incline of 109.37% between Q1 2016 and Q1 2021. However, a decrease can be noticed of about 54.29% as it declined from 3.5% in Q4 2019 to 1.6% in the first quarter of 2020. This was followed by a huge jump as the growth rate improved drastically from 1.6% in Q1 2020 to 16.1% in Q2 2020. Next, there were fluctuations in the growth rate from Q2 2020 to Q2 2021. Lastly, there was a decline of 154.28% from 3.5% in Q2 2021 to -1.9% in Q3 2021.
This segment accounts for Same-Store Sales Growth from International stores excluding Foreign Exchange. It showcased an incline of 49.36% from Q1 2016 to Q1 2021 (from 7.9% of same stores growth to 11.8% of growth respectively). This increase is followed by a marginal decline of 11.76% as Sales Growth declined from 1.7% in Q4 2019 to 1.5% in the first quarter of 2020.
A huge incline in growth rate is seen from 1.3% in Q2 2020 to 6.2% in Q3 2020, accounting for a 79.03% increase. In the end, a massive fall in Same-Store Sales Growth is witnessed from 13.9% in Q2 2021 to 8.8% in Q3 2021.
Established in 1960, Domino’s Pizza, Inc. is a popular American multinational pizza restaurant chain. Founded by James Monaghan, Dominick DeVarti, and Tom Monaghan, this food chain is spread across the world with approximately 15,000 stores: 5,649 in the U.S., 1,232 in India, and 1,094 in the U.K as of 2018. Domino’s business model is simple: Domino’s stores craft and serve high quality food at a competitive price, accompanied by easy ordering access and smooth and quick service, which is enhanced by innovations in technology. Their hand-tossed dough is prepared fresh and distributed to stores around the globe by them and their franchisees.
Headquartered in Michigan, U.S., Dominos also led its generation of revenues and earnings by selling food, supplies, and equipment to franchisees through their supply chain operations, mainly situated in the U.S. and Canada. Franchisees earn profit by selling pizza along with other complementary items to their local customers. The roots of this company are in convenient pizza delivery, while a huge amount of their sales also arise from carryout customers. Primarily a franchisor, approximately 98% of Domino’s stores are currently owned and operated by their independent franchisees.
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