Consumer
Domino’s Sinks as Outlook Revised to a More Ambiguous Tone
Domino's pizza faced “an intensifying macro and competitive environment” though expanded market share, CEO Russell Weiner said.
Photographer: Brent Lewin/BloombergDomino’s Pizza Inc. shares sunk to its lowest in almost three years after the company revised its full-year outlook and reported a first quarter comparable sales miss.
The Ann Arbor, Michigan-based company now expects 2026 US same-store sales to grow at a low-single-digit rate, Domino’s Chief Financial Officer Sandeep Reddy said in an earnings call Monday. It previously projected a 3% rise.