Global retail sales increased by 5.1% in the second quarter. US same-store sales grew 3% from a year ago, continuing the positive sales momentum in its US business. The international division also posted positive results, with same-store sales growth of 2.4% during the quarter.
The second quarter marked the 102nd consecutive quarter of international same-store sales growth and the 33rd consecutive quarter of US same-store sales growth. The company had second-quarter global net store growth of 200 stores, comprised of 42 net new U.S. stores and 158 net new international stores.
During the second quarter of 2019, the company repurchased and retired 12,295 shares of its common stock under its board of directors-approved open market share repurchase program for about $3.3 million. As of June 16, 2019, the end of the second quarter, the company’s total remaining authorized amount for share repurchases was about $147.3 million.
On July 10, 2019, the company’s board of directors declared a quarterly dividend of $0.65 per share. The dividend will be paid on September 30, 2019, to the shareholders of record as of September 13, 2019.
Shares of Domino’s Pizza ended Monday’s regular session down 4.32% at $269.92 on the NYSE. Following the earnings release, the stock fell over 6% in the premarket session.
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