Earlier today, Domino’s reported third-quarter EPS of $4.08. This was above our $4.00 estimate and sell-side consensus (according to Consensus Metrix) of $3.96.
With this report, we update our data-driven Kalinowski Restaurant Industry Index for Q3 2025 to +1.6%. While this isn’t a great quarter by any stretch of the imagination, it is nevertheless the best quarter since Q4 2023’s +3.6% result. Has the industry — slowly — finally turned the corner?
With this report, we update our data-driven Kalinowski Quick-Service Pizza Index for Q3 to +1.5%. Comparing to Q3 2019 levels — a pre-pandemic basis — the Kalinowski Quick-Service Pizza Index for Q3 2025 is at +20.4%. Our +1.5% figure is based on our latest proprietary checks/data as regards same-store sales performance for this segment during July, August, and September.
With this report, we update our data-driven Kalinowski Casual Dining Index for Q3 to +5.1%. On a pre-pandemic basis, the Kalinowski Casual Dining Index for Q3 2025 is at +29.0%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during July, August, and September.
With this report, we update our data-driven Kalinowski Quick-Service Other Index for Q3 to +3.2%. Comparing to Q3 2019 levels – a pre-pandemic basis — the Kalinowski Quick-Service Other Index for Q3 2025 is at +26.8%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during July, August, and early-to-mid September.
This morning, we published a report entitled “Updating our Q3 Kalinowski Quick-Service Other Same-Store Sales Index (10/1/2025).” This report looks at same-store sales trends for what we call the “Quick-Service Other” segment, which we define as all quick-service excluding burger and pizza concepts. We encourage you to read that full report.