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Domino's Pizza Announces Strong First Quarter 2024 Financial Results
Domino's Pizza, Inc. (NYSE: DPZ) reported solid first-quarter results, with global retail sales growth of 7.3%, U.S. same store sales growth of 5.6%, and international same store sales growth of 0.9%. The company experienced impressive income from operations growth, an 18.6% increase driven by strong U.S. comp performance and franchise store growth. Furthermore, net store growth was 164, contributing to a positive start for the year and demonstrating the success of their 'Hungry for MORE' strategy. Shares of common stock were repurchased and retired for a total of $25.0 million during the quarter, and the Company declared a $1.51 per share quarterly dividend.
