Domino's shares slide on sales miss as value-meal war hits revenue
Domino’s Pizza on Monday missed estimates for quarterly same-store sales and said the consumer environment for fast food would remain pressured in 2025 as companies double down on their value meal offerings, taking its shares as much as 5%.Fast-food chains have been relying more on discounting in recent years — with Domino’s introducing value offerings to drive demand in late 2023, a move that was mirrored later by burger giants McDonald’s and Burger King as consumers started to balk at higher menu prices.S ...