The Bellevue, Wash.-based pizza chain opened 64 stores in 2019 to end the year with 468 locations, including one in Langford, British Columbia, in December, its first store outside the U.S. “We have a very long runway ahead of us,” he added. Related: A look at Golden Chain winner Scott Svenson’s initiatives at MOD Pizza “We are going to continue to grow at a very fast rate but once you get to a certain scale, the percentages come down just because the numbers get larger,” Svenson said. Related: MOD Pizza leads the pack in growth - againĬo-founder Scott Svenson said MOD Pizza has big plans for further expansion, noting that its slowing growth rate is a reflection of the company’s size, not its potential. The growth follows a period in which the fast-casual pizza chain was the fastest-growing restaurant chain in the country two-years running, according to Nation’s Restaurant News’ Top 200 research, with year-over-year sales growth of 44.7% growth in 2018 and 80% in 2017. MOD Pizza continued its growth streak in 2019, increasing systemwide sales 24% year over year to reach $493 million, the company said Tuesday.
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