The growth was attributed to increased supply chain revenues driven by higher market basket pricing to stores, and a 4.1% growth in US retail sales.
However, the company’s net income plunged 16.5% to $100.5m from $120.4m.
This was said to be due to higher provision for income taxes and decreased income from operations.
Diluted earnings per share (EPS) were $2.79 in Q3 2022 that ended 16 September 2022, down 13.9% from $3.24 in the previous year.
Domino ’s saw a 4.7% rise in global retail sales, excluding the negative impact of foreign currency, and 2% increase in US same store sales. The chain’s international same store sales dipped 1.8%.
The company registered global net store growth of 225 stores, including 24 net new stores in the US and 201 net new locations worldwide.
Domino’s CEO Russell Weiner said: “Our team members and franchisees around the world continued to show the agility and perseverance required to operate in a volatile macro-economic environment.
“As we begin the fourth quarter, I believe Domino’s is poised to emerge from these volatile times stronger than ever.
“Combined with our strong carryout business where we have continued to accelerate our momentum, I have never been more confident in the future of Domino’s Pizza.”
At present, Domino’s Pizza operates over 19,500 stores across more than 90 markets.