Domino’s Jumps 29%, Most on Record, on Sustained Sales Growth

(Bloomberg) — Domino’s Pizza Inc. jumped the most on record after reporting U.S. sales growth that outpaced expectations in the latest quarter — a sign the pizza chain’s ongoing investment in delivery and carryout is paying off.U.S. same-store sales climbed 3.4% in the fourth quarter that ended Dec. 29, the company said Thursday, topping analysts’ average estimate for 2.1% growth, according to Consensus Metrix. Domino’s also reported profit and revenue that beat estimates, and its operating margin expanded from a year earlier.Growth in the U.S. restaurant industry doesn’t come easy these days, and Domino’s already has 6,000 locations in a …read more

Source:: Yahoo Finance

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