The company’s earnings suffered due to lower-than-anticipated same-store sales, which rose just 1% in the quarter, according to CNBC.Īnalysts were expecting same-store sales growth of 2.9%.ĭomino’s, like other companies, has had to deal with the fallout from disruptions in the labor market as well as falling demand. Net sales fell 1% to $1.34 billion - which was short of the $1.38 billion that analysts expected. 2.ĭomino’s generated a net income of $155.7 million, or $4.25 per share, up from $151.9 million a year earlier.īut the result falls short of analyst expectations of $4.28 earnings per share. The Ann Arbor, Michigan-based pizza chain reported disappointing results from the fourth quarter of last fiscal year that ended on Jan.
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Hero Domino’s Pizza delivery driver shot dead trying to help elderly assault victimĭomino’s Pizza is shaking up its leadership after the company announced that it failed to meet its earnings goals - prompting the share price to drop some 8% on Tuesday.ĭomino’s CEO Ritch Allison will retire effective May 1 and he will be replaced by COO Russell Weiner, the company announced on Tuesday. Hangover pro eats $90 worth of fast food, says vegetables aren’t the cure
Internet pans Papa John’s new all-toppings, crustless pizza: ‘S–t in a bowl’ĭomino’s Pizza exits Italy as American pies fall flat
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