Domino's dodges Q2 sales doldrums

dominos pizza box pool

Domino’s skipped through the slowdown that tripped other restaurant chains during the second quarter, posting a 9.7% year-over-year rise in domestic same-store sales for the period.

The surge was a dramatic departure from what had been a steady stream of weak financial results from big restaurant brands. The usually high-flying Taco Bell, for instance, reported a 1% decline in quarterly comparable-store sales. Dunkin’ Donuts posted a gain of 0.5%.

Domino’s increase followed a 12.8% increase for the second quarter of 2015.

Revenues for the franchisor jumped 12.0% year over year during the quarter, to $547.3 million, with topspin added by the opening of 244 restaurants worldwide. Net income for the franchisor rose 7.3%, to $49.3 million, with a gross margin of 9%.

The chain ended the quarter with 5,245 restaurants in the United States.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Financing

For Papa Johns, the CEO departure came at the wrong time

The Bottom Line: The pizza chain worked to convince franchisees to buy into a massive marketing shift. And then the brand’s CEO left.

Trending

More from our partners