Domino’s same-store sales growth marches on
Domino’s Pizza Inc.’s U.S. same-store sales increased 10.2 percent in the first quarter, the company said on Thursday.
If that sounds familiar, it’s because it is: The Ann Arbor, Mich.-based chain has reported double-digit same-store sales growth in nine of the past 11 quarters.
On a three-year basis, Domino’s same-store sales have risen 31 percent. And that was a slowdown from the fourth quarter, when the three-year figure exceeded 34 percent, according to Nation’s Restaurant News analysis.
That’s a remarkable run for an established chain, especially one that has now seen 24 straight quarters of domestic same-store sales growth.