A pedestrian walks by a Domino’s in San Francisco, Dec. 9, 2025.
Justin Sullivan | Getty Pictures
Domino’s Pizza inventory closed down greater than 8% on Monday after it reported weaker-than-expected U.S. same-store gross sales progress.
The chain’s home same-store gross sales rose simply 0.9%, decrease than the two.3% bump anticipated by Wall Avenue analysts, primarily based on StreetAccount estimates.
“We’re not proud of it,” CEO Russell Weiner advised CNBC.
The pizza chain additionally lowered its full-year U.S. same-store gross sales forecast to low-single digit progress, down from its prior projection that U.S. same-store gross sales will enhance 3%.
Weiner stated he expects extra fast-food chains to report comparable headwinds from winter climate and weak shopper sentiment, which took a dive in March as a consequence of spiking gas costs brought on by the Iran struggle.
“One of many dangerous issues about reporting first is you do not get to listen to about anyone else,” Weiner stated.
Domino’s kicked off the earnings season for restaurant chains. Starbucks is on deck after the bell on Tuesday, and Chipotle Mexican Grill and Pizza Hut proprietor Yum Manufacturers are anticipated to share their outcomes on Wednesday. Rival Papa John’s will report its earnings subsequent Thursday.
In the course of the quarter, Domino’s additionally confronted stiffer competitors from rival pizza chains. Papa John’s and Pizza Hut each matched Domino’s $9.99 “Finest Deal Ever” with promotions on the identical value level. And Little Caesars undercut Domino’s $6.99 Combine & Match take care of a $5.99 model.
“Individuals are seeing what we’re doing, they usually’re sick of shedding share, they usually’re coming at it,” Weiner stated, including that he nonetheless expects Papa John’s and Pizza Hut to report same-store gross sales declines for the quarter regardless of the brand new promotions.
Wanting forward, Weiner expressed confidence that Domino’s will show itself in the long term.
“Domino’s has received a much bigger promoting price range than our second two rivals mixed,” he stated. “And people rivals are each going up on the market, so we all know issues aren’t good there proper now.”
Yum introduced in November that it was exploring strategic choices for Pizza Hut, which might embody a sale. And Papa John’s is reportedly in talks with Qatari-backed Irth Capital to go non-public. Each chains have additionally introduced plans to shut lots of of eating places this 12 months, which might additional enhance Domino’s dominant place within the pizza class.
And if both Pizza Hut or Papa John’s goes non-public, Weiner stated he expects {that a} new proprietor would shutter much more areas — a win for Domino’s.
Shares of Domino’s have misplaced practically a 3rd of their worth over the past 12 months. The corporate’s market cap has fallen to roughly $11.2 billion.