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DoorDash Newsroom
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Domino's Is Pleased With Launch of Its Stuffed Pizza Crust Despite a Cooler Economy
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In the first quarter, same-store sales of Domino's Pizza in the USA unexpectedly declined, with inflation and economic uncertainty suppressing consumer demand.
On Monday, the world's largest pizza chain, Domino's Pizza, announced that its same-store sales in the USA for the first quarter fell by 0.5% year-on-year, significantly missing the Analyst's expected growth of 0.5% (LSEG data), mainly affected by high inflation and economic uncertainty. The Earnings Reports showed weak Consumer demand. In February-March, restaurant foot traffic significantly slowed, with low-income groups reducing spending on takeout, and President Trump's erratic trade policies exacerbating concerns about economic recession. The gross margin of US direct-operated stores dropped from 17.5% in the same period last year to 16%, primarily due to rising food raw material prices. To cope with weak Consumer demand and rising costs.