Domino's stock falls after Q1 earnings, sales growth miss expectations
Domino's stock falls after Q1 earnings, sales growth miss expectations
Brooke DiPalmaMon, April 27, 2026 at 12:08 PM UTC
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Domino's Pizza (DPZ) stock fell 5% in premarket trading after the company missed Wall Street's forecasts across the board in its first quarter report.
US same-store sales growth of 0.9% was far below the 2.6% growth the Street was looking for, per Bloomberg consensus data. International same-store sales fell 0.4%, missing expectations for a 0.7% increase.
Revenue grew 3.5% to $1.15 billion, but that was also below the $1.16 billion Wall Street expected. Adjusted earnings per share missed with $4.13, compared to the $4.26 forecast.
Domino's CEO Russell Weiner called the first quarter "an intensifying macro and competitive environment," adding that he believes the brand continues to "outperform" competition and "take meaningful share in 2026."
The company said supply chain revenue from the exclusive sale of goods to franchise restaurants rose 2.6% year over year, attributing the growth to higher ingredient costs.
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The pizza chain continued to grow its store count, especially outside the US. In the quarter, Domino's added 180 locations, with 19 in the US and 161 internationally.
The company also announced a $1 billion share repurchase program.
Year to date, Domino's stock is down about 12%.
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Brooke DiPalma is a reporter for Yahoo Finance. Follow her on X at @BrookeDiPalma or email her at bdipalma@yahoofinance.com.
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Source: “AOL Money”