Domino’s Pizza (DPZ) reports Q3 2022 earnings


An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit.

Sean Proctor | Bloomberg | Getty Images

Domino’s Pizza on Thursday reported better-than-expected revenue for the third quarter and stood by its forecast for food costs, even though earnings fell short of estimates.

Shares of Domino’s were up 9% in morning trading.

In the U.S., the company said same-store sales rose 2% in the period. Domino’s had been struggling to meet the higher demand levels during the earlier days of the Covid-19 pandemic, when people were hunkering down at home and ordering in more.

During its earnings call, Domino’s CEO Russell Weiner said the company will raise the price of its…

Source cnbc.com

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