Domino's Stock Drops After Earnings and Revenue Fall Short of Expectations

Reported about 10 hours ago

Domino's stock fell more than 3% in premarket trading after the pizza chain reported fourth-quarter results that missed Wall Street estimates, with a revenue increase of only 2.9% year-over-year to $1.44 billion. Adjusted earnings were also below expectations at $4.89 per share compared to an estimated $4.93. While some international same-store sales grew, the overall performance led investors to focus on future growth drivers, including partnerships with delivery platforms and product innovations.

Source: YAHOO

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