DMP News: Domino's Pizza posts quarterly sales miss on muted fast-food demand - 18th Jul 2024, 8:07pm

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(Reuters) - Domino's Pizza fell short of market expectations for second-quarter same-store sales on Thursday as U.S. consumers, particularly in the lower-income group, spent less on eating out or ordering in.

Sequentially slower growth in food services in June indicated that consumers were still looking to stretch their budgets as they recover from a period of high inflation, even as a better-than-expected overall U.S. retail sales report signaled economic resilience.

Domino's U.S. same-store ...

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