Domino's Pizza Reports Lower Earnings and Revenue, Leading to Stock Decline
Domino's Pizza (DPZ) reported lower earnings and revenue in Q1, leading to a 9.5% drop in its stock price. The company's international same-store sales declined, and a $30 million revaluation of its food delivery service, DPC Dash, negatively impacted earnings. Despite a 3.4% increase in global sales, the stock has fallen over 30% in the past year.
Tickers: $DPZ
Topics: Domino's Pizza Earnings Food Delivery Revenue Stock Price