Why Domino's Pizza Stock Soared to a New All-Time High Today
Shares of Domino's Pizza (NYSE: DPZ) surged 14.6% to a record closing high of $538.82 on Thursday following the release of its second-quarter results.
Domino's revenue rose 12% year over year to $1 billion, fueled by new store openings and impressive same-store sales growth. U.S. comps improved 3.5%, bringing Domino's two-year, same-store increase to a stunning 19.6%. The pizza giant's international comparable sales growth was likewise commendable, with comps rising 13.9% year over year and 15.2% on a two-year basis.
Shareholders cheered Domino's Pizza's strong Q2 growth metrics. Image source: Getty Images.
Source Fool.com
