Domino’s U.S. Growth Streak Ends

October 18, 2021

The worldwide pizza company is finally showing signs of a slowdown after surging since the pandemic onset.

Image source: Getty Images.

Key Points

  • Domino’s reported earnings per share of $3.24, 30% above last year.
  • Domino’s international same-store sales growth continued.
  • Labor shortages and a tough year-over-year comparison were responsible for the end of the domestic growth streak.
Domino’s Pizza (NYSE:DPZ), the largest pizza company globally, reported third-quarter results on Thursday, Oct. 14. It continues to grow revenue even as economies are reopening and folks can more freely choose other restaurants to visit.

However, this report ended Domino’s long-standing streak of consecutive quarters with same-store sales growth in the U.S. Let’s look closer at the company’s Q3 figures and see why the streak’s end is not as bad as it sounds.

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