Domino's slumps to near three-year low after weak annual US sales forecast

Domino's Pizza

27/04/2026 15:37

Updates

   ** Shares of pizza chain Domino's DPZ.O sink as much as 10.5% at $329.22, lowest since July 2023

** Stock set for its worst day since July 2024, if losses hold

** Co forecasts U.S. same-store sales growth in low single digits in fiscal 2026, compared with prior forecast of 3%

 ** Cites rising pressure on consumer sentiment, sticky inflation and intensifying competition among quick-service rivals

** Also misses Q1 sales estimates as budget-strained U.S. consumers cut back on eating out

** Posts quarterly U.S. same-store sales growth of 0.9% vs analysts' estimate of a 2.72% rise - data compiled by LSEG

** Logs quarterly EPS of $4.13 vs estimates of $4.27

** DPZ announces $1 billion share buyback program

** As of last close, DPZ down 11.8% YTD

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))