Domino's Pizza Stock Slips as US Sales Growth Disappoints
1. Mixed Q4 report with EPS beat but revenue miss. Sales underperformed expectations. 2. U.S. same-store sales climbed just 0.4%. Consensus was 1.5%. 3. International sales grew 2.7%, outperforming the 1.7% estimate. Global conditions remain challenging. 4. Premarket shares fell 5%, despite a long streak of international growth. Immediate reaction was negative. 5. Berkshire Hathaway built a small stake. This provided a modest counterbalance.