Domino's Is Thriving Thanks to This Popular New Side Dish
Domino's is one of the world's largest pizza franchises, but it still suffers. Over the past year, the company has faced customer anger
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over pricing increases and a delivery driver shortage that hurt sales and delivery times. After the earnings report, its shares fell as it missed
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same-store sales growth projections for the fourth quarter of 2022.
A delicious new side dish, Loaded Tots, helped Domino's sales improve in the first quarter of 2023.
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Domino's released Philly Cheese Steak, Cheddar Bacon, and Melty 3-Cheese Loaded Tots before the Super Bowl in February. In a recent
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earnings call, Domino's CEO Russell Weiner stated the firm was "really pleased" with the Loaded Tots rollout, which drives innovation and "fit nicely"
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"Early signs point to Loaded Tots performing even better than our last two product launches Dips & Twists and the Chicken Taco and Cheeseburger
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Domino performed better in the quarter for reasons other than Loaded Tots. Price rises helped US same-store sales rise 3.6% compared to 0.9%
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Weiner said innovation in the restaurant and other areas helped the company's performance last quarter.
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"As I reflect on the first quarter, I can't help but be encouraged by the resilience of our business model and the competitive advantage our franchisees