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(Reuters) - Domino's Pizza posted a smaller-than-expected rise in third-quarter U.S. same-store sales on Thursday as consumers curbed spending on dining out.
Despite inflation easing in the U.S., menu prices that rose over the last two years have kept consumers wary of shelling out money in restaurants. They have instead responded to steep discounts and special offers.
As a result, competition has heated up in the fast-food industry with burger chains, including McDonald's and Burger King, off...
>>> Read more: Domino's Pizza posts smaller-than-expected rise in comparable sales as demand stutters
Despite inflation easing in the U.S., menu prices that rose over the last two years have kept consumers wary of shelling out money in restaurants. They have instead responded to steep discounts and special offers.
As a result, competition has heated up in the fast-food industry with burger chains, including McDonald's and Burger King, off...
>>> Read more: Domino's Pizza posts smaller-than-expected rise in comparable sales as demand stutters
