Domino’s Pizza (NASDAQ: DPZ) delivered a strong Q4 2025 before the market opened Monday, with earnings and revenue growth that signal the chain is holding its ground in a tough consumer environment. Shares were up roughly 5% to 6% in early trading.
Domino’s reported diluted EPS of $5.35, up 9.4% from $4.89 in Q4 2024. Revenue rose 6.4% year-over-year to $1.54 billion. U.S. same-store sales grew 3.7%, while international same-store sales increased 0.7% excluding currency effects, extending the company’s streak to 32 consecutive years of international same-store sales growth. Full-year free cash flow surged 31.2% to $671.5 million.
That cash generation backed a 15% dividend increase to $1.99 per share quarterly, payable March 30, 2026. CEO Russell Weiner struck a confident tone, stating, “we will meaningfully increase our market share within a U.S. QSR pizza category that continues to grow” heading into 2026, with a new brand campaign and e-commerce platform on the way.
The results aren’t without friction. U.S. company-owned store gross margins compressed 5.4 percentage points due to higher insurance and labor costs. International momentum also slowed notably, decelerating from 2.7% same-store sales growth in the prior-year quarter to 0.7%. Consumer sentiment remains under pressure, with the University of Michigan index sitting at 56.4 in January 2026.
The stock was down 7.73% year-to-date heading into today’s session. The earnings call at 8:30 AM ET today is expected to address international recovery, margin management, and the rollout of the new e-commerce platform.