By Elias Schisgall
Domino's Pizza recorded a rise in first-quarter revenue as supply-chain revenue and global franchise royalties increased, and boosted its stock buyback authorization by $1 billion.
The pizza chain on Monday reported a profit of $139.8 million, or $4.13 a share, compared with a profit of $149.7 million, or $4.33 a share, a year earlier.
The company said the lower profit was largely due to a $30 million impact from pretax unrealized losses from its investment in DPC Dash.
Revenue rose to $1.15 billion, up from $1.11 billion a year earlier. The rise in revenue was driven by higher franchise royalties and advertising revenue, as well as higher supply-chain revenue from a 2.6% price increase on food baskets, the company said.
Analysts polled by FactSet were expecting a profit of $144 million, or $4.28 per share, on revenue of $1.16 billion.
U.S. same-store sales rose 0.8% among franchises and 1.5% for company-owned stores. International stores saw a 0.4% decline in same-store sales.
Domino's also said its board authorized an additional $1 billion worth of share repurchases, building on the company's remaining authorization for $290.2 million of buybacks.
The company repurchased $75.1 million worth of shares during the first quarter, it said.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
April 27, 2026 06:05 ET (10:05 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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