Despite Domino's stock posting its worst performance in more than a year after reporting earnings, the chain is winning the pizza wars, even as the field grows more crowded. Domino's remains the market leader for quick-service pizza, with Pizza Hut in second place, privately held Little Caesars in third and Papa John's in fourth, according to foodservice industry consultants Technomic.
Domino's, meanwhile, is bucking the trend. The market leader is still gaining market share and posting same-store sales numbers that outpace the industry. The company reported U.S. same-store sales growth of 5.6 percent during the fourth quarter, missing the 6.9 percent growth expected by analysts. It said that its expansion strategy and a calendar change that pushed New Year's Eve sales to the current quarter hurt its same-store sales in the prior period.
We are in too much debt to keep funding this war!
LoL
👎🏻👎🏻👎🏻👎🏻 I know better pizza. Not dominos yuck!!!!
Dominos sucks
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