July 21 (Reuters) - Domino's Pizza surpassed
analysts' expectations for second-quarter U.S. same-store sales
on Monday, driven by new items on the menu and promotions, amid
persisting macroeconomic uncertainties.
The world's largest pizza chain added items such as the
parmesan-stuffed crust pizza to its list, and attracted
value-conscious consumers through deals under its rewards
program. That partly helped cushion the impact from U.S.
President Donald Trump's on-and-off tariff policy and the
ensuing trade war.
"In the U.S., both delivery and carryout grew, driving
meaningful market share gains," Domino's CEO Russell Weiner
said.
Domino's posted a 3.4% rise in same-store sales in the U.S.
for the quarter ended June 15, exceeding analysts' average
estimate of a 2.21% rise, according to data compiled by LSEG.
That marked its first beat in five quarters.
The company's online sales also grew, helped by discounts
and from the success of its partnership with DoorDash ( DASH ),
which doubled its share of sales made through third-party
delivery channels to roughly 5%, according to Matt Goodman,
analyst at research firm M Science.
International same-store sales grew 2.4%, also ahead of the
estimate of 1.71% growth.
The company posted earnings per share of $3.81, compared
with the estimate of $3.95.