Domino's Pizza Inc
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Consumer Discretionary : Hotels, Restaurants & Leisure | Mid Cap Growth
Company profile

Domino's Pizza, Inc. is a pizza restaurant chain company. As of January 1, 2017, the Company operated in over 13,800 locations in over 85 markets around the world. The Company operates through three segments: domestic stores, international franchise and supply chain. Its basic menu features pizza products in various sizes and crust types. As of January 1, 2017, its Domestic Stores segment consisted primarily of its franchise operations, which consisted of 4,979 franchised stores located in the contiguous United States. As of January 1, 2017, its International Franchise segment consisted of a network of franchised stores in over 85 international markets. As of January 1, 2017, its supply chain segment operated 18 regional dough manufacturing and food supply chain centers in the United States, one thin crust manufacturing center, one vegetable processing center and one center providing equipment and supplies to certain of its domestic and international stores.

Postmarket

Last Trade
Delayed
$427.00
0.01 (0.00%)
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Market Hours

Closing Price
$426.99
Day's Change
1.71 (0.40%)
Bid
--
Ask
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B/A Size
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Day's High
430.91
Day's Low
424.53
Volume
(Average)
Volume:
527,058

10-day average volume:
517,756
527,058

TrueCar's ALG Forecasts Vehicle Sales Continue to Recover for July 2020 Despite Economic Re-Opening Rollbacks

9:00 am ET July 27, 2020 (Globe Newswire) Print

ALG, Inc., a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects total new vehicle sales will reach 1,189,928 units in July 2020, down 18% from a year ago when adjusted for the same number of selling days. This month's seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 14 million units. Excluding fleet sales, ALG expects U.S. retail deliveries of new cars and light trucks to be 1,091,152 units, a decrease of 15% from a year ago ­­when adjusted for the same number of selling days.

"The increase in COVID-19 cases across the country have caused states such as Texas, Florida and California to take steps back in their economic re-openings. Despite this trend, we are not seeing automotive sales drop as low as they did in the spring at a national level." said Eric Lyman, Chief Industry Analyst for ALG, a subsidiary of TrueCar. "In fact, even with the low new vehicle inventory levels that we are noticing across many popular models, we're seeing sales continue to bounce back," said Eric Lyman, Chief Industry Analyst for ALG, a subsidiary of TrueCar.

"There's finally some positive signs for automakers on the fleet side of the house," added Lyman. "Fleet sales were down nearly 70 percent year-over-year last month, while this month we're projecting the decline will slow to 40 percent with a 17 percent uptick month over month," added Lyman.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/231c5327-0f17-42d6-aa0b-d2b21e6e3f27

Additional Insights: (Forecast by ALG)

-- Total retail sales for July 2020 are expected to be down 15% from a year ago when adjusted for the same number of selling days and up 6% from June 2020 when adjusted for the same number of selling days.

-- Fleet sales for July 2020 are expected to be down 40% from a year ago when adjusted for the same number of selling days and up 17% from June 2020 when adjusted for the same number of selling days.

-- Total SAAR is expected to decrease 16% from a year ago from 16.7 million units to 14 million units.

-- Used vehicle sales for July 2020 are expected to reach 3,759,781, up 9% from a year ago and down 1% from June 2020.

-- The average interest rates on new vehicle loans is 5.82%.

"Mainstream brands are steadily increasing their new vehicle sales month-over-month, especially brands with healthy inventory levels such as FCA. Their Jeep brand stands out for strong performance, likely driven by strong incentive programs as well as the inventory levels needed to satisfy the unique demands of shoppers," said Nick Woolard, Director of OEM and Affinity Partner Analytics at TrueCar. "On the other end of the spectrum, new vehicles sales for luxury brands, such as BMW and Mercedes, are recovering at a slower rate. Consumers are not going back into the luxury market as quickly as mainstream brands, showing some budgetary discipline in reaction to the macroeconomic environment."

"As consumers seek more cost-effective options while shopping, used vehicles continue to show strong recovery, up nine percent year-over-year and roughly in line with June. Lower than average inventory levels on new cars as well as economic uncertainly may be causing some consumers to opt for used vehicles," added Woolard. "TrueCar marketplace data shows similar trends, with 11 percent of consumers who connected with dealers for pricing on a new vehicle ultimately purchasing a used vehicle. This is up 31 percent versus July 2019."

July 2020 forecasts for the 13 largest manufacturers by volume. For additional data visit the ALG Newsroom.

Total Unit Sales

Manufacturer     Jul 2020 Forecast Jul 2019 Actual Jun 2020 Actual YoY % Change YoY % Change         MoM % Change MoM % Change (Daily Selling Rate)
                                                                                (Daily Selling Rate)
BMW              19,291            25,968          24,917          -25.7%       -28.6%               -22.6%       -22.6%
Daimler          22,420            27,546          26,681          -18.6%       -21.7%               -16.0%       -16.0%
FCA              149,342           168,550         137,902         -11.4%       -14.8%               8.3%         8.3%
Ford             164,243           192,720         157,951         -14.8%       -18.1%               4.0%         4.0%
GM               192,881           236,509         175,770         -18.4%       -21.6%               9.7%         9.7%
Honda            121,880           141,305         114,774         -13.7%       -17.1%               6.2%         6.2%
Hyundai          55,464            58,949          51,564          -5.9%        -9.5%                7.6%         7.6%
Kia              51,499            53,405          47,870          -3.6%        -7.3%                7.6%         7.6%
Nissan           72,675            98,880          65,290          -26.5%       -29.3%               11.3%        11.3%
Subaru           56,970            64,106          53,910          -11.1%       -14.5%               5.7%         5.7%
Tesla            15,581            12,800          11,150          21.7%        17.0%                39.7%        39.7%
Toyota           168,759           209,204         149,445         -19.3%       -22.4%               12.9%        12.9%
Volkswagen Group 49,073            55,882          45,831          -12.2%       -15.6%               7.1%         7.1%
Industry         1,189,928         1,395,816       1,113,464       -14.8%       -18.0%               6.9%         6.9%

Retail Unit Sales

Manufacturer     Jul 2020 Forecast Jul 2019 Actual Jun 2020 Actual YoY % Change YoY % Change         MoM % Change MoM % Change (Daily Selling Rate)
                                                                                (Daily Selling Rate)
BMW              18,811            24,417          24,590          -23.0%       -25.9%               -23.5%       -23.5%
Daimler          21,715            25,907          25,350          -16.2%       -19.4%               -14.3%       -14.3%
FCA              132,416           140,348         123,904         -5.7%        -9.3%                6.9%         6.9%
Ford             127,109           153,555         127,449         -17.2%       -20.4%               -0.3%        -0.3%
GM               164,868           200,925         161,064         -17.9%       -21.1%               2.4%         2.4%
Honda            121,329           140,204         114,127         -13.5%       -16.8%               6.3%         6.3%
Hyundai          53,900            53,184          49,134          1.3%         -2.6%                9.7%         9.7%
Kia              50,546            49,074          46,650          3.0%         -1.0%                8.4%         8.4%
Nissan           66,365            80,566          59,355          -17.6%       -20.8%               11.8%        11.8%
Subaru           55,560            62,426          49,221          -11.0%       -14.4%               12.9%        12.9%
Tesla            15,569            12,800          11,150          21.6%        17.0%                39.6%        39.6%
Toyota           166,199           197,257         144,556         -15.7%       -19.0%               15.0%        15.0%
Volkswagen Group 47,653            51,162          43,742          -6.9%        -10.4%               8.9%         8.9%
Industry         1,091,152         1,238,794       1,029,015       -11.9%       -15.3%               6.0%         6.0%

Fleet Unit Sales

Manufacturer     Jul 2020 Forecast Jul 2019 Actual Jun 2020 Actual YoY % Change YoY % Change         MoM % Change MoM % Change (Daily Selling Rate)
                                                                                (Daily Selling Rate)
BMW              480               1,551           327             -69.0%       -70.2%               46.8%        46.8%
Daimler          705               1,639           1,331           -57.0%       -58.7%               -47.1%       -47.1%
FCA              16,926            28,202          13,998          -40.0%       -42.3%               20.9%        20.9%
Ford             37,134            39,165          30,502          -5.2%        -8.8%                21.7%        21.7%
GM               28,013            35,584          14,706          -21.3%       -24.3%               90.5%        90.5%
Honda            550               1,101           647             -50.0%       -51.9%               -14.9%       -14.9%
Hyundai          1,564             5,765           2,430           -72.9%       -73.9%               -35.6%       -35.6%
Kia              953               4,331           1,220           -78.0%       -78.8%               -21.9%       -21.9%
Nissan           6,309             18,314          5,935           -65.5%       -66.9%               6.3%         6.3%
Subaru           1,411             1,680           4,689           -16.0%       -19.2%               -69.9%       -69.9%
Tesla            12                -               -               -            -                    -            -
Toyota           2,560             11,947          4,889           -78.6%       -79.4%               -47.6%       -47.6%
Volkswagen Group 1,419             4,720           2,089           -69.9%       -71.1%               -32.1%       -32.1%
Industry         98,776            157,022         84,449          -37.1%       -39.5%               17.0%        17.0%

Fleet Penetration

Manufacturer     Jul 2020 Forecast Jul 2019 Actual Jun 2020 Actual YoY % Change MoM % Change
BMW              2.5%              6.0%            1.3%            -58.3%       89.6%
Daimler          3.1%              6.0%            5.0%            -47.2%       -37.0%
FCA              11.3%             16.7%           10.2%           -32.3%       11.7%
Ford             22.6%             20.3%           19.3%           11.3%        17.1%
GM               14.5%             15.0%           8.4%            -3.5%        73.6%
Honda            0.5%              0.8%            0.6%            -42.0%       -19.8%
Hyundai          2.8%              9.8%            4.7%            -71.2%       -40.2%
Kia              1.9%              8.1%            2.5%            -77.2%       -27.4%
Nissan           8.7%              18.5%           9.1%            -53.1%       -4.5%
Subaru           2.5%              2.6%            8.7%            -5.5%        -71.5%
Tesla            0.1%              0.0%            0.0%            -            -
Toyota           1.5%              5.7%            3.3%            -73.4%       -53.6%
Volkswagen Group 2.9%              8.4%            4.6%            -65.8%       -36.6%
Industry         8.3%              11.2%           7.6%            -26.2%       9.4%

Total Market Share

Manufacturer     Jul 2020 Forecast Jul 2019 Actual Jun 2020 Actual
BMW              1.6%              1.9%            2.2%
Daimler          1.9%              2.0%            2.4%
FCA              12.6%             12.1%           12.4%
Ford             13.8%             13.8%           14.2%
GM               16.2%             16.9%           15.8%
Honda            10.2%             10.1%           10.3%
Hyundai          4.7%              4.2%            4.6%
Kia              4.3%              3.8%            4.3%
Nissan           6.1%              7.1%            5.9%
Subaru           4.8%              4.6%            4.8%
Tesla            1.3%              0.9%            1.0%
Toyota           14.2%             15.0%           13.4%
Volkswagen Group 4.1%              4.0%            4.1%

Retail Market Share

Manufacturer     Jul 2020 Forecast Jul 2019 Actual Jun 2020 Actual
BMW              1.7%              2.0%            2.4%
Daimler          2.0%              2.1%            2.5%
FCA              12.1%             11.3%           12.0%
Ford             11.6%             12.4%           12.4%
GM               15.1%             16.2%           15.7%
Honda            11.1%             11.3%           11.1%
Hyundai          4.9%              4.3%            4.8%
Kia              4.6%              4.0%            4.5%
Nissan           6.1%              6.5%            5.8%
Subaru           5.1%              5.0%            4.8%
Tesla            1.4%              1.0%            1.1%
Toyota           15.2%             15.9%           14.0%
Volkswagen Group 4.4%              4.1%            4.3%

(Note: This forecast is based solely on ALG's analysis of industry sales trends and conditions and is not a projection of TrueCar, Inc.'s operations.)

About ALG

Founded in 1964 and headquartered in Santa Monica, California, ALG is an industry authority on automotive residual value projections in both the United States and Canada. By analyzing nearly 2,500 vehicle trims each year to assess residual value, ALG provides auto industry and financial services clients with market industry insights, residual value forecasts, consulting and vehicle portfolio management and risk services. ALG is a wholly-owned subsidiary of TrueCar, Inc., a digital automotive marketplace that provides comprehensive pricing transparency about what other people paid for their cars. ALG has been publishing residual values for all cars, trucks and SUVs in the U.S. for over 55 years and in Canada since 1981.

About TrueCar

TrueCar is a leading automotive digital marketplace that enables car buyers to connect to our nationwide network of Certified Dealers. We are building the industry's most personalized and efficient car buying experience as we seek to bring more of the purchasing process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new and used cars -- all with a clear view of what's a great deal. When they are ready, TrueCar will enable them to connect with a local Certified Dealer who shares in our belief that truth, transparency and fairness are the foundation of a great car buying experience. As part of our marketplace, TrueCar powers car-buying programs for over 250 leading brands, including AARP, Sam's Club, and American Express. Nearly half of all new-car buyers engage with TrueCar powered sites, where they buy smarter and drive happier. TrueCar is headquartered in Santa Monica, California, with offices in Austin, Texas and Boston, Massachusetts.

For more information, please visit www.truecar.com, and follow us on Facebook or Twitter. TrueCar media line: +1-844-469-8442 (US toll-free) | Email: pr@truecar.com

TrueCar and ALG PR Contact:
Shadee Malekafzali
shadee@truecar.com
424.258.8694

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