Overview

• U.S. same‑store sales rose 5.2% in the quarter as revenue reached $1.15 billion and earnings were $4.08 per share, all ahead of estimates.
• Traffic and ticket were lifted by the $9.99 “Best Deal Ever” offer, the full U.S. rollout of the DoorDash delivery partnership, and new items such as Parmesan Stuffed Crust.
• International same‑store sales increased 1.7%, missing forecasts as demand proved uneven in markets including Japan and Australia.
• U.S. company‑owned store gross margin declined by 0.5 percentage point year over year due to higher commodity costs, notably cheese and pork.
• CFO Sandeep Reddy reaffirmed a roughly 3% U.S. comparable‑sales goal but cautioned that sales moderated in September and early fourth‑quarter trends could pressure comps, with promotions extended to support demand.