Domino's stock soars more than 25% on earnings beat; pizza chain backs long-term outlook

and DoorDash, putting pressure on Domino's U.S. delivery sales.

The strong U.S. performance in the fourth quarter marked the first time in nearly two years that the pizza chain's same-store sales in its home market improved sequentially. Domino's reported U.S. same-store sales growth of 2.4% in the third quarter. In response to the new competition, the pizza chain has been trying to grow its carryout sales and cut delivery times by strategically adding more U.S. locations. In 2019, restaurants open at least a year grew their carryout sales by 3.9%. Allison said that pizza chain is trying to drive more customers to place their carryout orders digitally, citing the opportunity for "smarter" ways to encourage customers to spend more.Allison teased a new menu product coming this summer.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Everything’s 25% Off at the World’s Most Debt-Squeezed CompanyHeard on the Street: China Evergrande has slashed prices of properties sold this month and next, but its share price has actually risen What a mess? Market price securities are totally zany. Cushion from gov? The WSJ hangs on human rights and democracy all day, didn't have the courage to apologize after insulting Chinese citizens not relating the political system. Instead, it continued to make excuses by attacking Chinese politics to avoid apologizing. shamed!
La source: WSJ - 🏆 98. / 63 Lire la suite »