Domino's Japan leads int'l operations with 13.6% increase in sales
The pizza chain opened 81 stores this year.
The master franchisee of Domino’s in Japan led strengthened international operations for parent group Domino’s Pizza Enterprises, accounting for 54.7% of the group’s underlying EBITDA of US$282.4m.
The chain reported a 32.1% jump in EBITDA to ¥5.8bn. Sales were up by 13.6% to JPY47m (approx. USD441,000) whilst same store sales growth grew by 8.4%.
Domino’s Japan President and CEO Josh Kilimnik says the positive sales growth came from improved unit economics and profitability, and customer’s positive response to their “market-leading” operational performance, new menu strategies and marketing initiatives.
The chain passed its 600-store milestone in Japan after opening in 81 locations this year. Domino’s said they intend to invest in the growth of the network by opening more corporate stores in the country.
Domino’s global food sales has also increased by US$308.4m to US$2.9bn, 11.9% higher year-on-year.
