Domino's shares slide on sales miss as value-meal war hits revenue
1. Domino's missed US same-store sales estimates, reporting only a 0.4% rise. This contrasts with a consensus of 1.63% growth. 2. The company is boosting value meal promotions and emergency pizza offers. This signals intensified discounting amid consumer pressure. 3. International operations grew 2.7%, outperforming expectations. This partial recovery contrasts with domestic headwinds. 4. Extended Uber Eats exclusivity and talks with DoorDash aim to widen market reach. These moves could shift competitive dynamics.