Domino's growth in Pizza after sales is not as strong as expected

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<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Domino's Pizza (DPZ) stocks fell 7% in pre-market trading after reporting disappointing fourth quarter sales in the US and around the world. "data-reactid =" 22 "> Domino & # 39; s Pizza (DPZ) shares rose 7% in pre-market trading after disappointing Q4 sales in the United States and in the United States. 39; internationally.

In the United States, same-store sales increased 5.6% in the quarter, which is below Wall Street's forecast of 7.2% growth. Same-store sales abroad were up 2.4% and were less dynamic than the 4.2% expected by analysts.

"I am pleased with our fourth quarter, which has seen a very strong 2018 year for Domino," said CEO Ritch Allison in a statement. "Our long-term approach, based on the fundamentals and the best QSR franchise network around the world, continues to drive the industry forward – and we are excited to implement our global strategy in 2019 and beyond. of the."

Profit was lower than expected at $ 2.62 per share. Analysts expected earnings per share of $ 2.69.

Fourth quarter revenues reached $ 1.08 billion, which is below analysts' expectations for a $ 1.10 billion business figure.

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