Domino's global retail sales up 5.8% in Q3
The company had net store growth of 214 stores in the same period.
Domino's Pizza’s global retail sales increased 5.8% in the third quarter, marking their 103rd consecutive quarter of international same store sales growth and the 34th consecutive quarter of U.S. same store sales growth.
U.S. same store sales rose 2.4% during the quarter versus the prior year quarter whilst the international division reported same store sales growth of 1.7% during the quarter.
The company had third quarter global net store growth of 214 stores, comprised of 40 net new U.S. stores and 174 net new international stores.
"Strong unit growth and positive comps yielded a solid and balanced quarter of retail sales growth across both the U.S. and international businesses. We remain steadfastly focused on driving profitable growth for the Domino's system, and most importantly, for our franchisees,” Domino's chief executive officer Ritch Allison said in a media release.
Diluted EPS was US$2.05 for the quarter of 2019, up 5.1% over the prior period, primarily resulting from higher income from operations, offset in part by a higher effective tax rate.
