Consumer
Domino’s Pizza Jumps as US Same-Store Sales Beat Estimates
A Domino's Pizza Inc. restaurant in Southfield, Michigan.
Photographer: Emily Elconin/BloombergThis article is for subscribers only.
Domino’s Pizza Inc. rose after fourth-quarter US comparable sales beat expectations, bucking a trend among fast-food chains.
The company said Monday that domestic comparable sales advanced 2.8%, which beat analysts’ estimates for a 2.2% rise. Shares rose as much as 9.6% in Monday trading in New York, the biggest increase since July.