Domino's Stock Falls After Pizza Giant's Sales, Net Income Miss Estimates

Key Takeaways Domino's Pizza (DPZ) shares sank in intraday trading Thursday after the pizza-delivery giant reported revenue that missed expectations and pulled back expansion plans overseas. Domino's net income rose almost 30% to $142 million, or$4.03 per share, beating estimates. Much of the profit growth was due to an accounting effect, the company said. Domino's Warns of Missing Goal for Net New Stores Worldwide Domino's said it was "temporarily suspending" its guidance for at least 1,100 net new global ...