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DPZ — Domino's Pizza News Story

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Domino's Pizza down after missing quarterly same store sales estimates

BUZZ-Domino's Pizza down after missing quarterly same store sales estimates 

** Shares of Domino's Pizza DPZ.O down ~4% at $297 premarket

** Co misses third-quarter US and international same store sales growth estimates as consumers cut back on spending amid growing inflationary pressures

** Reports quarterly US same store sales growth of 0.3%, missing analysts' estimates of 0.71% growth - data compiled by LSEG

** Posts Q3 international same store sales growth of 0.2%, compared with expectations of 0.88% growth

** However, DPZ beat quarterly revenue and profit estimates on growth in its supply chain business

** As of last close, stock down about 25% YTD


(Reporting by Shania S Thomas in Bengaluru)

((shanias.thomas@thomsonreuters.com))

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