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Domino’s dethrones Pizza Hut as ‘largest pizza company in the world’

Domino’s is claiming that it is the “largest pizza company in the world,” according to the chain’s fourth-quarter earnings release. The company says its global retail sales surpassed $12.2 billion in 2017 — a 12.7 percent increase for the fiscal year — dethroning Pizza Hut as the globe’s leading pizza maker. The Texas-based Pizza Hut, founded in Wichita, Kansas, in 1958, recently disclosed global systems sales of $12.03 billion, Ad Age reports.

“Without question, we are pleased with our fourth quarter and full-year 2017 performance – with results that continued to outpace the industry,” Domino’s president and chief executive officer J. Patrick Doyle said in a release. “Our 2017 global retail sales growth and domestic comps outperformed the high-end of our stated three to five-year outlook. This, along with tremendous net store growth and an incredibly low number of closures, helps validate that our long-term fundamental strength is well intact heading into 2018.”

Domino’s — which once offered free sandwiches to people named Jared — is currently testing self-driving vehicles in Miami, Florida, after a monthslong trial with the concept in Ann Arbor, Michigan, where the company is headquartered. For more trivia on the chain famous for delivery pizza in 30 minutes or less, here are 10 things you didn’t know about Domino’s.

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