Reported 17 days ago
Domino’s reported strong quarterly earnings exceeding analysts' expectations, primarily fueled by the rising popularity of its stuffed-crust pizza and new promotional strategies. In the third quarter, the company achieved earnings per share of $4.08 and a revenue increase of 6.2% year-over-year to $1.15 billion. The success of their stuffed-crust offerings contributed significantly to growth in deliveries and takeout services, and shares rose nearly 4% following this announcement. Additionally, the recent rebranding effort aims to attract a younger audience.
Source: YAHOO