Domino’s forecasts slowing sales growth as delivery competition intensifies

Earnings

Richard Allison, CEO of Domino’s Pizza, speaks at CNBC’s Evolve conference in Chicago on Sept. 24, 2019.

Jeff Schear | CNBC

Domino’s Pizza on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations.

Shares of the company fell nearly 4% in premarket trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $2.05 vs. $2.07 expected
  • Revenue: $820.8 million vs. $823.9 million expected

Domino’s earned $2.05 per share, missing the $2.07 per share expected by analysts surveyed by Refinitiv.

Net sales rose 5.8% to $820.8 million, falling short of expectations of $823.9 million.

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