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Domino’s Pizza
shares climbed on a Monday after the company posted a better-than-expected quarter and laid out ambitious growth plans.
The strong performance came as the pizza chain said it saw higher transactions and better traction among lower-income diners with its value offerings.
The pizza chain reported same-store sales growth of 3.7%, better than the 3.1% projected by Wall Street. Revenue of $1.54 billion was also higher than the $1.52 billion estimated by analysts, at a time when the broader pizza category and restaurant sector at large has faced headwinds.
