Strong international sales outside the U.S. have propelled restaurant chain Domino’s Pizza’s (DPZ) first-quarter profit past Wall Street’s expectations.
The Michigan-based company reported Q1 2025 earnings per share (EPS) of $4.33 U.S., which was up 21% from a year earlier and ahead of the consensus expectation of $4.06 U.S.
Revenue in the January through March quarter totaled $1.11 billion U.S., which was slightly below $1.13 billion U.S. that analysts had expected.
Management at Domino’s credited the decent results on its international franchised restaurants that are located outside of the U.S.
U.S. restaurants have been struggling to attract customers as recession fears make people pullback on their discretionary spending and dine out less.
But Domino’s large international reach has kept its financial results relatively stable. The company has more than 21,000 locations worldwide, about 75% of which are overseas.
In the first quarter, Domino’s same-store sales in the U.S. declined 0.5% but they increased 3.7% overseas.
Despite the strong quarter, Domino’s did not provide any guidance for the remainder of the year, citing ongoing macroeconomic uncertainty.
Domino’s stock has gained 12% so far in 2025 and currently trades at $487.58 U.S. per share.
