BUZZ-Domino's Pizza falls after missing Q4 same-store sales estimates

Reuters
24 Feb
BUZZ-Domino's Pizza falls after missing Q4 same-store sales estimates

** Domino's Pizza's DPZ.O shares down 4.7% at $440.4 premarket

** Company reports a quarterly same-store sales rise of 0.4% in the U.S., compared with analysts' average estimate of a 1.63% rise, according to data compiled by LSEG

** Posts revenue of $1.44 billion, missing estimates of $1.48 billion

** Co hurt by stiff competition in the fast-food industry as consumers in the U.S. are wooed by value meals

** DPZ posts EPS of $4.89, slightly below estimates of $4.9

** DPZ rose 1.8% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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