Technomic - Ignite Company/ USA

Top US pizza chains see strong 2020 results

Perfect for delivery, the pandemic has made pizza an even more successful menu item.
Pixabay
Perfect for delivery, the pandemic has made pizza an even more successful menu item.

Driven by a pandemic-fueled spike in delivery demand, two of the US industry’s largest pizza players achieved double-digit same-store sales growth in 2020, report Technomic's market analysts.

At Papa John’s, same-store sales rose 13.5% during the fourth quarter, marking the chain’s sixth consecutive quarter of growth. Annualized same-store sales increased by 17.6% in 2020 after declining 2.2% the year prior.



Domino’s
 US same-store sales rose 11.2% in the fourth quarter, continuing the chain’s impressive streak of 39 straight quarters of positive results. On an annual basis, comparable sales grew 11.5% in 2020 following a 3.2% increase in 2019.

About Technomic
Technomic is a research and consulting firm producing in-depth research focused on the foodservice industry. The company provides insights into consumer, industry and menu trends in the U.S., Canada and 23 countries around the world.
Technomic Ignite Company
Technomic has tracked financial performance and other key details for top restaurant chains for decades. The Ignite Company platform houses profiles on the top 1,500 restaurant chains in the U.S., including locations, menu insights and the impact of Covid-19 on each chain’s performance. The program also houses an interactive industry forecast, showing total foodservice sales by segment down to the market level. Technomic also tracks foodservice sales for noncommercial segments such as education, healthcare and more. 


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