Pizza restaurant chain Domino’s released its third-quarter results on Thursday, emphasizing its commitment to providing customers with value meals. The company reported a quarterly revenue of $1.08 million, falling short of the $1.1 billion revenue expected by Wall Street analysts.
Domino’s reported earnings per share of $4.19, beating estimates of $3.65. Stocks in the company edged 1% lower in pre-market trading. Same-store sales in the US rose 3%, falling marginally short of the estimated 3.55% increase expected by analysts while also falling short of the 4.8% growth in the previous quarter.
International sales grew by just 0.8%, falling well short of the expected 2.84% projected by Wall Street analysts. Over the past six months, Domino’s stocks have slumped by over 17% while the S&P 500 has gained 11%.