Domino's Pizza Inc reported a smaller-than-expected drop in quarterly U.S. same-store sales on Thursday as it benefited from price increases and robust demand for its pizzas and chicken wings.
Allison, 55, who has been with company for over a decade, took the top job in 2018, before which he was the president of Domino's International. Allison's strategy of focusing on speeding Domino's delivery services has helped the pizza chain navigate through the difficult times inflicted by the global pandemic, but the company is now facing rising inflation and higher commodity costs, such as meats and cheese. Weiner will take over as CEO effective May 1.
Allison, 55, who has been with company for over a decade, took the top job in 2018, before which he was the president of Domino's International. Allison's strategy of focusing on speeding Domino's delivery services has helped the pizza chain navigate through the difficult times inflicted by the global pandemic, but the company is now facing rising inflation and higher commodity costs, such as meats and cheese. Weiner will take over as CEO effective May 1.