Domino’s posts Q3 comps of 7.7%, names new presidents

The latest dispatch from the pizza wars shows Domino’s Pizza clearly triumphing over archrival Pizza Hut, at least in the third quarter. Domino’s posted a comparable-store sales gain for the period of 7.7 percent domestically and 7.1 percent internationally, compared with a 1-percent global decline for roughly the same timeframe for Pizza Hut.

Simultaneously with the release of the financial data, Domino’s announced that it was appointing presidents of its two main operating divisions. Russell Weiner, a former CMO of the brand, steps up to president of Domino’s U.S.A., and Richard Allison assumes the same post at Domino’s International.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Surprise, surprise: California kept its full-service restaurants in the dark for months

Reality Check: The state attorney general had refused to clarify the scope of the state's pending anti-junk-fee law. It's one more smack in the face to the trade.

Financing

Why social media, and not price, is behind Starbucks' sales problems

The Bottom Line: The coffee shop chain lost momentum quickly in November. That was too fast to be explained by consumer reaction over the prices of its beverages.

Financing

Franchisors who want faster remodels should reach into their pocketbooks

The Bottom Line: Burger King is spending $550 million to get more of its restaurants remodeled, not counting its own upgraded restaurants. More brands should do this.

Trending

More from our partners