Thndr Claps » U.S. Claps » Food & Beverage 🍕 » Domino’s discounts dominate 🍕
The ClapDomino’s Pizza (NYSE: DPZ) recorded a 2% increase in same-store sales during Q3, countering inflation with discounts and deals.
The DeetsThe 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 MattersDomino’s stock ended the session up more than 10%.
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