logo
Plus   Neg
Share
Email

Domino's Pizza Q3 U.S. Same Store Sales Up 2.4%; Announces Long-range Outlook

Domino's Pizza Inc. (DPZ) reported that U.S. same store sales for the third-quarter grew 2.4%, continuing the positive sales momentum in the company's U.S. business. The company announced a new long-range outlook for certain business metrics.

The international division also posted positive results, with same store sales growth of 1.7% during the third-quarter.

Global retail sales increased 5.8% in the third quarter, or 7.5% without the negative impact of changes in foreign currency exchange rates.

The company had third quarter global net store growth of 214 stores, comprised of 40 net new U.S. stores and 174 net new international stores.

The company announced a new long-range outlook for certain business metrics. The new two- to three-year outlook replaced the company's prior three- to five-year outlook. The company now expects U.S. same store sales growth to be 2%-5%, compared to the prior estimation of 3%-6% growth.

The company projects international same store sales growth to be 1%-4%, compared to the prior outlook of 3%-6% growth.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Airbnb has introduced few new rules to control parties and nuisances amidst the backlash the service received after the Halloween shooting at an Airbnb rental in a San Francisco. San Francisco-based Airbnb said it is banning "open invite" parties at all of its accommodations. The company is also banning... The U.S. Food and Drug Administration has approved three generic versions of Novartis' Gilenya capsule for treating relapsing forms of multiple sclerosis. "Approving safe and effective generics so patients have more treatment options continues to be a priority for the FDA," said Janet Woodcock, director... Shares of Upscale furniture chain RH (RH) are on a tear, on the heels of an upbeat annual forecast. Today, the stock set a new all-time high of $239.88.The stock is up more than 20% from its Dec 3 opening price of $196.66, and currently trading at $237.8, and nearly three-times its 52-week low of $84.11....
Follow RTT
>