Domino's same-store sales slow

Business Insider | 10/12/2017 | Sruthi Ramakrishnan, Reuters
gemini2323 (Posted by) Level 3
Click For Photo:

(Reuters) - Domino's Pizza Inc, the biggest U.S. pizza delivery chain, reported slower same-store sales growth in the third quarter, sending its shares down 3 percent in pre-market trade.

The company's comp-store sales growth at its own restaurants slumped to 8.4 percent from 13.8 percent a year earlier. Still, it beat the 6.6 percent rise expected by analysts polled by research firm Consensus Metrix.

Domino - Shares - Percent - Year - Company

Domino's shares have gained 31.3 percent this year, as the company has outperformed rivals such as Yum Brands' Pizza Hut.

The company posted a better-than-expected...
(Excerpt) Read more at: Business Insider
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!