Domino's U.S. sales surge on pizza demand during pandemic


2020/07/16 19:31  Reuters

July 16 (Reuters) - Domino&aposs Pizza Inc DPZ.N on Thursday comfortably beat Wall Street estimates for quarterly same-restaurant sales, as diners ordered in more pies since dine-in options remain limited due to lockdowns triggered by the COVID-19 pandemic.

The health crisis has nearly decimated the food industry as rising number of cases and stay-at-home orders have forced restaurants to shut dine-in options and layoff thousands of employees in an effort to reduce costs.

Domino&aposs is one of the few restaurant chains to see a boost in sales as consumers sought the comfort of pizzas and relied on their fast delivery. Second quarter U.S. same-store sales surged 16.1%, beating analysts&apos estimates of 10.67%.

The largest pizza company said consumers&apos ordering behavior during the pandemic led to the sharp rise in numbers, helping it continue the positive sales momentum.

Domino&aposs also introduced a new contactless carside delivery option for carryout orders, which allow diners to choose where they would like their order placed – the passenger side, back seat, trunk or the option to decide when it&aposs ready.

For other fast-food chains such as McDonald&aposs MCD.N and Burger King QSR.TO , drive-thru has been a major hit as well.

Several other casual restaurants in the country are now pivoting to a delivery model to keep their business running amid uncertainties.

For Domino&aposs, total revenue rose 13.4% to $920 million in the quarter ended June 14 from a year earlier, above the expectation of $911.5 million, according to IBES data from Refinitiv.

Net income rose to $118.7 million, or $2.99 per share, from $92.4 million, or $2.19 per share.

International same-store sales rose just 1.3%, but beat estimates of 0.65%.






对于其他快餐连锁店,如McDonald&aposs MCD.N和汉堡王QSR.TO,得来速也是一大热门。






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