A pedestrian walks by a Domino’s Pizza on Dec. 9, 2025 in San Francisco, California.
Justin Sullivan | Getty Photographs
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, based mostly on StreetAccount estimates.
“We’re not pleased with it,” CEO Russell Weiner instructed 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 improve 3%.
Weiner mentioned 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 result of spiking gas costs attributable to the U.S.-Israeli conflict with Iran.
“One of many unhealthy issues about reporting first is you do not get to listen to about anyone else,” Weiner mentioned.
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 “Greatest Deal Ever” with promotions on the similar 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 dropping share, they usually’re coming at it,” Weiner mentioned, 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.
Trying forward, Weiner expressed confidence that Domino’s will show itself in the long term.
“Domino’s has obtained a much bigger promoting price range than our second two rivals mixed,” he mentioned. “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 may 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 may additional enhance Domino’s dominant place within the pizza class.
And if both Pizza Hut or Papa John’s goes non-public, Weiner mentioned 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.
