Reported about 9 hours ago
Domino's Pizza has reported lower-than-expected quarterly same-store sales growth, attributing the decline to intensified competition in the value meal sector among fast-food chains. The company saw a modest 0.4% increase in U.S. same-store sales, which fell short of analyst predictions. Despite this, Domino's noted a recovery in its international market and plans to continue promotional initiatives, including discounts on online orders. The ongoing pressure for value from consumers is expected to challenge the company's growth in early 2025.
Source: YAHOO