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Domino’s Pizza saw carryout sales increase but delivery sales fall, a sign its low-income customers are still hurting the most
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Shares of Domino’s Pizza Inc. took a hit Monday following the restaurant chain’s triple miss of an earnings report, with the fast-food market proving tougher than originally expected.
The company may have missed Wall Street expectations for profit, revenue and same-store sales, or sales of stores open at least a year, but because it managed to outperform its competition during a challenging fast-food environment by offering deals, it will mark the fourth quarter as a win.
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James Rogers is a Financial Columnist for MarketWatch.
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