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

Financing

Crumbl may be the next frozen yogurt, or the next Krispy Kreme

The Bottom Line: With word that the chain’s unit volumes took a nosedive last year, its future, and that of its operators, depends on what the brand does next.

Technology

4 things we learned in a wild week for restaurant tech

Tech Check: If you blinked, you may have missed three funding rounds, two acquisitions, a “never-before-seen” new product and a bold executive poaching. Let’s get caught up.

Financing

High restaurant menu prices mean high customer expectations

The Bottom Line: Diners are paying high prices to eat out at all kinds of restaurants these days. And they’re picking winners and losers.

Trending

More from our partners