Domino's Expects Consumer Spending Weakness to Persist -- Market Talk

Dow Jones
25 Feb

1156 ET - Domino's Pizza sees the same consumer spending pressures that weighed down 2024 to raising challenges again this year, Chief Executive Russell Weiner says on an analyst call. After missing Wall Street's profit and revenue estimates for 4Q, Weiner expects value will be a top priority among consumers in 2025. That could make the 3% long-term growth in U.S. comp store sales the company projected difficult to achieve. It's also taking longer for the partnership with Uber Eats to meet its revenue goal, which was $1 billion in revenue by the end of 2026, Weiner says. Domino's Pizza falls 2.6%.(katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

February 24, 2025 11:57 ET (16:57 GMT)

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