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. I learned English from a Domino’s menu - now I run my own storeĬops delivered our pizza - after arresting deliveryman: shocked coupleĭomino’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. Domino’s customers can soon order pizzas on Uber Eats, Postmatesĭomino’s Pizza trials first-ever ‘Rocket Man’ delivery before Elton John show
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