Written by StockNews.com
Domino’s Pizza, Inc. (NYSE: DPZ) early Thursday posted much better than expected first quarter earnings results, as sales at established stores surged from last year.
The Ann Arbor, MI-based pizza chain reported Q1:
J. Patrick Doyle, Domino’s President and Chief Executive Officer, commented, saying:
“It was a great start to 2017, as momentum continued with solid growth in our international business, and our third consecutive quarter of double-digit same store sales growth in the U.S..
The ultimate measure of customer satisfaction is more customers choosing to do business with you. The growth we are experiencing – both in store counts and customer visits – is a reflection of great commitment and execution by our franchisees and team members.”
…Year-to-date, DPZ had already gained 13.92% prior to today’s report, versus a 7.12% rise in the benchmark S&P 500 index during the same period.
DPZ currently has a StockNews.com POWR Rating of A (Strong Buy) and is ranked #7 of 53 stocks in the Restaurants category.