Domino's Pizza Adjusts Global Net Store Forecast Following Q2 Financials
Thursday, 18 July 2024, 10:56
Domino's Pizza Inc Q2 Performance Overview
Domino's Pizza Inc (NYSE:DPZ) witnessed a decline in stock value following a second-quarter revenue miss.
Key Highlights:
- 7.1% year-on-year sales growth to $1.097 billion
- Increased revenue from supply chain, U.S. franchise advertising, and royalties
- Impact of higher food prices and product mix shifts on earnings
The company's revised store outlook reflects adjustments post Q2 earnings.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.