Domino's Surpasses Sales Expectations as Promotions Drive Pizza Orders
Domino's Pizza topped expectations for the first quarter on Monday, as consumers in the United States tapped into offers through the pizza chain's loyalty program, driving its shares up nearly 6% before the bell.
Domino's has managed to buck a downbeat trend for eating out in the United States, with better returns on its loyalty program and fresh promotional offers drawing inflation-weary consumers to its pizzas and chicken wings.
U.S. same-store sales rose 5.6% in the quarter, beating LSEG estimates of a 4.04% increase...
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