Domino’s Pizza (NYSE: DPZ) recorded a 2% increase in same-store sales during Q3, countering inflation with discounts and deals.
The company offered significant discounts throughout August and September to help keep demand high for the company’s products.
Revenues increased by 7% YoY to reach $1.07 billion, slightly higher than estimates.
Inflation led Domino’s to increase prices for their products, as ingredients and labor costs increased.
Why this Matters
Domino’s stock ended the session up more than 10%.
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