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Domino's Pizza Inc (MX:DPZ)
:DPZ
Mexico Market
EarningsQ2 2026 Earnings Report

Domino's Pizza (DPZ) Q2 2026 Earnings Report

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MX:DPZ Q2 2026 EPS Results

Actual EPS$73.65
Consensus EPS$75.37
Beat/MissMissed by -$1.72
One Year Ago EPS$68.94

MX:DPZ Q2 2026 Revenue Results

Actual Revenue$21.61B
Expected Revenue$21.33B
Beat/MissBeat by +$283.32M
YoY Revenue Growth+4.30%

Earnings Announcement Details

QuarterQ2 2026
Date07/20/2026
TimeBefore Open
Conference CallMonday, July 20, 2026
MX:DPZ Upcoming Earnings
Domino's Pizza's next earnings date is estimated for October 13, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

MX:DPZ Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

No slide deck is available for this earnings event.

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 20, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
Overall the call was positive — Domino's reported meaningful order count growth, continued net store additions (nearly 1,000 over the trailing 12 months), supply chain and franchise fee strength, strong aggregator momentum (now #1 on Uber and DoorDash), and continued capital returns ($231M repurchased YTD with $1.23B remaining). Notable near-term weaknesses included a Q2 ticket miss tied to a premium product/messaging rollout that held back same-store sales (U.S. comp +0.1%) and pressured short-term franchisee profitability and the U.S. development pipeline, plus a small delivery comp decline (-0.7%) and an international comp drag related to DPE. Management maintained a mid-to-high single-digit operating income growth outlook and updated unit/mix expectations while outlining corrective marketing actions and a new product pipeline expected to drive incremental occasions. On balance, the positive operational momentum and strategic levers outweigh the near-term execution missteps.
Company Guidance
Management updated 2026 guidance (ex‑53rd week), calling for U.S. same‑store sales up low single digits and international same‑store sales up low single digits (including a World Cup benefit), about 175 net new U.S. stores (a slight trim from 175+ previously) and roughly 800 net international stores, global retail sales growth of mid‑single digits, and operating income growth of mid‑to‑high single digits (each excluding foreign currency, refranchising gains and the corporate aircraft sale gain); they also reiterated capital returns, noting ~632,000 shares repurchased for ~$231M year‑to‑date with ~ $1.23B remaining on the buyback authorization and an expectation to deliver meaningful cash to shareholders in 2026 and beyond.
Meaningful Order Count Growth
Company reported order counts were "up meaningfully" in Q2 across the business and individually in delivery and carryout, driving customer acquisition into the Flywheel loyalty program and fueling supply chain gross margin dollar growth.
Income from Operations Improved
Income from operations increased 2.6% in Q2 (excluding foreign currency and refranchising gains), driven primarily by higher U.S. and international franchise royalties and fees and supply chain gross margin dollar growth.
Global Retail Sales and Net Store Growth
Global retail sales grew 3% in Q2 excluding foreign currency, supported by nearly 1,000 net new stores over the past 12 months; U.S. retail sales grew 1.9% in the quarter with 26 net new U.S. stores in Q2; international retail sales grew 4.1% excluding foreign currency with 183 international net stores added in Q2.
Strong Carryout Performance and Pricing
Carryout comp grew 1.1% in Q2; pricing was modestly positive at +0.2% for the quarter, helping partially offset mix pressure.
Marketplaces & Channel Expansion — #1 on Aggregators
Domino's believes it is now the number one pizza player on both Uber and DoorDash, with a stated ~50% incrementality on aggregator orders and a strategy to maintain premium pricing and protect franchisee profitability.
Capital Return and Balance Sheet Actions
Repurchased approximately 632,000 shares for $231 million year-to-date; $1.23 billion remained available on the share repurchase authorization at quarter end, with management reiterating meaningful cash return priorities.
Maintained and Updated 2026 Outlook
Management reiterated guidance: U.S. and international same-store sales expected up low single digits, global retail sales expected up mid-single digits for 2026, and operating income growth expected mid- to high-single digits (ex-FX, refranchising gains and aircraft sale).
Product & Marketing Adjustments; New Innovation Pipeline
Management revised marketing calendar (enhanced Best Deal Ever with Stuffed Crust), reported positive customer reaction, and announced a new signature pizza product launching in Q3 described as addressing an unmet occasion and testing very favorably.

MX:DPZ Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 13, 2026
2026 (Q3)
79.02 / -
73.829―
2026 (Q2)
75.37 / 73.65
68.9436.82% (+4.70)
2026 (Q1)
77.23 / 74.73
78.353-4.62% (-3.62)
2025 (Q4)
97.35 / 96.81
88.4869.41% (+8.32)
2025 (Q3)
71.89 / 73.83
75.819-2.63% (-1.99)
2025 (Q2)
71.39 / 68.94
72.924-5.46% (-3.98)
2025 (Q1)
73.52 / 78.35
64.78120.95% (+13.57)
2024 (Q4)
88.67 / 88.49
81.0679.15% (+7.42)
2024 (Q3)
65.92 / 75.82
75.6380.24% (+0.18)
2024 (Q2)
66.66 / 72.92
55.73330.84% (+17.19)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed