It seems Domino’s Pizza isn’t just delivering its trademark dish to homes all over the country. The fast-food franchise is also delivering a nice return to its stockholders.
Domino’s reported at 15% increase year-over-year for the first quarter of 2023.
The affordable pizza chain known for bringing the pie right to your door saw its net income balloon to $104.8 million.
Its first quarter income for 2022 registered at $90.96 million, making the new numbers a nearly $14 million increase.
“We grew by doing what we said we were going to do: drive value and step up our pace of innovation,” CEO Russell Weiner said in a statement. “Our continued evolution from a US delivery business to a global pizza company with strength in both delivery and carryout keeps me bullish on our future.”
The company’s earnings reports shows same store sales in the U.S.
up 3.6% and international stores up 1.2%.
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