Domino's Exec Says Q4 To Date, Domino's US Delivery Business Is Positive, Delivery Transactions Are Also Positive, Excluding Incremental Volume From The Uber Pilot
Portfolio Pulse from Benzinga Newsdesk
During Domino's Investor Day, an executive reported that for Q4 to date, Domino's U.S. delivery business has shown positive growth. Additionally, delivery transactions have increased, not counting the additional volume generated from the Uber pilot program.
December 07, 2023 | 2:16 pm
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POSITIVE IMPACT
Domino's Pizza Inc. has experienced positive growth in its U.S. delivery business in Q4, with an increase in delivery transactions, excluding the impact from the Uber pilot program.
The positive report on Domino's U.S. delivery business and transaction growth is likely to instill investor confidence and could lead to a short-term increase in stock price. The exclusion of the Uber pilot program from the growth figures suggests that the core business is strong, which is a positive sign for investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100