Domino’s Pizza Stock Slips as US Sales Growth Disappoints
Shares of Domino Pizza (DPZ) On Monday, the Pizza Giant reported a fourth-quarter report with better profits but lower sales than analysts expected.
Domino’s report Earnings per share (EPS) Revenue was $1.44 billion USD 4.89. Visible Alpha vote analysts are expected to expect $4.87 and $1.48 billion, respectively.
Michigan-based pizza chain says Same-store sales In its U.S. region, the rise is only 0.4%, below the consensus of 1.5%, and the international 2.7% is higher than the 1.7% growth expectation.
CEO Russell Weiner said that despite “the global macroeconomic environment is challenging,” international store sales have increased for 31 consecutive years in 2024.
Domino shares fell after it Final income reportbut later regulatory filings show Warren Buffett’s Berkshire Hathaway (brk.a,,,,, bk.b) have Build a small share Among pizza makers.
Domino’s stock fell 5% immediately after Monday’s report. Over the past 12 months, they entered about 7% of the time.