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Investing.com -- Argus downgraded Dominoâs Pizza Inc (NYSE
PZ) to Hold from Buy, citing higher food and labour costs as well as weak consumer spending at U.S. restaurants.
The brokerage lowered its 2025 earnings estimate for the pizza chain to $17.30 per share from $18.12, following a mixed fourth-quarter report.
Dominoâs revenue rose 2.9% to $1.44 billion but missed consensus expectations of $1.48 billion. U.S. same-store sales increased 0.4%, below estimates of 1.1%, while comp...
>>> Read more: Argus cuts Dominoâs rating to hold on cost pressures, weak U.S. sales
PZ) to Hold from Buy, citing higher food and labour costs as well as weak consumer spending at U.S. restaurants.The brokerage lowered its 2025 earnings estimate for the pizza chain to $17.30 per share from $18.12, following a mixed fourth-quarter report.
Dominoâs revenue rose 2.9% to $1.44 billion but missed consensus expectations of $1.48 billion. U.S. same-store sales increased 0.4%, below estimates of 1.1%, while comp...
>>> Read more: Argus cuts Dominoâs rating to hold on cost pressures, weak U.S. sales
