"Due to the positive sales impacts from the stimulus, we elected not to run any of our aggressive boost week promotions during the quarter, but instead we remained focused on providing great service and offering great value to our customers every day," Allison said. comparable sales.ĭOMINO’S BRINGS BACK THE NOID TO DESTROY ROBOT DELIVERY VEHICLESĪs for the promotions – a staple of the competitive pizza delivery marketplace – Allison said the influx of stimulus money impacted that decision. That uptick marked the 40th straight quarter of positive U.S. The pizza chain's first-quarter earnings - which were released Thursday morning – saw same store sales increase by 13.4% during the quarter compared to the same time last year. "We certainly saw some sales benefits from the federal government stimulus at the beginning and at the end of Q1, which were partially offset by the negative impact of the significant winter storms in February that impacted such a large portion of the country," Domino’s CEO Ritch Allison said Thursday. Hudson Valley Investment Advisors CEO and CIO Gus Scacco on investing in Prologis and his expectations for earnings season.ĭomino’s didn’t even need aggressive promotions in order to succeed in the first quarter, but the government stimulus checks certainly helped.
Market will see 'better than expected' revenues, earnings: Expert
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