Domino’s Pizza China has announced a notable improvement in its net loss, amounting to RMB26.6 million (US$3.7 million) last year, coinciding with a robust same-store sales growth of 8.9 percent.
This achievement marks the 27th consecutive quarter of positive same-store sales for the company since the third quarter of 2017. Annual revenue witnessed a substantial surge, rising by 51 percent to RMB3.05 billion (US$421.2 million), driven by strong performance in key regions such as Beijing and Shanghai, as well as the emergence of new growth markets.
The pizza restaurant chain attributes much of its success to the expansion of its loyalty program, which saw a remarkable 69.8 percent increase in members, totaling 14.6 million. Notably, member customers contributed 59.2 percent to the company’s total revenue.
Throughout the year, Domino’s Pizza China added a net of 180 new stores to its portfolio. Looking ahead, the company has ambitious plans to continue its expansion trajectory, aiming to add approximately 240 net new stores this year. Furthermore, Domino’s Pizza China has set its sights on reaching a significant milestone: the opening of its 1000th store by the end of the fourth quarter.
Moreover, the company anticipates opening an additional 300 to 350 stores in the following year and in 2026, underscoring its commitment to sustained growth and market presence.
