Domino’s Pizza backs FY24-FY28 annual global sales growth view at least 7%

Backs FY24-FY28 annual income from operations growth view at least 8%. The company said, “The Company now expects the following on annual global net store growth:Global net store growth of 825 to 925 in 2024. U.S.: The Company continues to expect 175+ net stores annually for 2024 to 2028. International: The Company expects it will fall 175 to 275 stores below its 2024 goal of 925+ net stores in international primarily as a result of challenges in both openings and closures being faced by Domino’s Pizza Enterprises (“DPE”), one of its master franchisees. The Company is partnering closely with DPE as they work through this process and will provide further updates once it has more visibility into the effect on its annual global net store growth numbers. The Company is temporarily suspending its guidance metric of 1,100+ global net stores until the full effect of DPE’s store opens and closures on international net store growth are known.”