Domino's Misses Quarterly Sales and Profit Estimates Amid Weak Demand
Domino's Pizza reported weaker-than-expected quarterly sales and profit due to declining consumer demand, rising competition from local pizzerias, and macroeconomic pressures. Same-store sales in the U.S. rose only 0.1%, below analyst estimates of 0.62%. The company also faced challenges internationally with a slight decline in same-store sales.
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