Domino's Pizza, Inc. (NYSE:DPZ) Q3 2024 Earnings Conference Call October 10, 2024 8:30 AM ET

Company Participants

Greg Lemenchick - VP of IR
Russell Weiner - CEO
Sandeep Reddy - CFO

Conference Call Participants

David Tarantino - Baird
David Palmer - Evercore ISI
Brian Bittner - Oppenheimer
Dennis Geiger - UBS
John Ivankoe - JPMorgan
Peter Saleh - BTIG
Sara Senatore - Bank of America
Gregory Francfort - Guggenheim
Jon Tower - Citi
Danilo Gargiulo - Bernstein
Christine Cho - Goldman Sachs
Chris O'Cull - Stifel
Jim Salera - Stephens
Logan Reich - RBC Capital Markets
Alexander Slagle - Jefferies
Brian Mullan - Piper Sandler
Jeffrey Bernstein - Barclays
Brian Harbour - Morgan Stanley
Andrew Strelzik - BMO Capital Markets
Jeffrey Farmer - Gordon Haskett

Operator

Thank you for standing by, and welcome to Domino's Pizza's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker's presentation there will be a question-and-answer session. [Operator Instructions] As a reminder, today's program is being recorded.

And now, I'd like to introduce your host for today's program, Greg Lemenchick, Vice President, Invest Relations. Please go ahead, sir.

Greg Lemenchick

Good morning, everyone. Thank you for joining us today for our third quarter conference call. Today's call will begin with our Chief Executive Officer, Russell Weiner, followed by our Chief Financial Officer, Sandeep Reddy. The call will conclude with a Q&A session.

The forward-looking statements in this morning's earnings release and 10-Q, both of which are available on our IR website, also apply to our comments on the call today. Actual results or trends could differ materially from our forecast. For more information, please refer to the risk factors discussed in our filings with the SEC. In addition, please refer to the 8-K earnings release to find disclosures and reconciliations of non-GAAP financial measures that may be referenced on today's call.

This morning's conference call is being webcast and is also being recorded for replay via our website. We want to do our best this morning to accommodate as many of your questions as time permits. As such, we encourage you to ask one question only.

With that, I'd like to turn the call over to Russell.

Russell Weiner

Thanks, Greg, and good morning, everybody. What I'd like to do is begin today's call by giving an overview on the restaurant space as I see it across the globe. When we introduced our Hungry for MORE strategy back in December, we knew consumer spending would be pressured in 2024 and that the QSRs that offered the strongest value would win. That proved to be right, and had Domino's leaning into our strategic pillar of renowned value has been key to our success in 2024, especially in the US.