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DPZ
Benzinga
1 min

Domino's Pizza China Operator Sizzles Amid Aggressive Store Openings

1. DPC Dash's revenue rose 27% in H1, opening 190 new stores. 2. Same-store sales declined 1% due to normalization after rapid openings. 3. Company targets 300 new stores in 2023, expanding its market presence. 4. Loyalty program grew to 30.1 million members, boosting sales. 5. Chinese pizza market projected to grow 15.5% annually through 2027.

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FAQ

Why Bullish?

Despite short-term sales declines, aggressive expansion supports future revenue growth, similar to prior success in new markets.

How important is it?

The article details DPC Dash's performance and future plans, which could significantly influence DPZ's stock through strong growth indicators.

Why Long Term?

Continued store openings and market expansion suggest sustained growth, akin to the trajectory seen in similar franchises.

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