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Feb 23 (Reuters) - Domino's Pizza Inc fell short of quarterly U.S. same-store sales estimates on Thursday, in a sign that price hikes were eating into demand for the company's pizzas and chicken wings amidst decades-high inflation.
Shares of the Michigan-based company dropped 5% to $330.11 in premarket trade.
The world's largest pizza chain, like other fast food companies, has been wrestling with elevated costs of transportation, labor and raw materials,...
>>> Read more: UPDATE 1-Domino's Pizza misses quarterly same-store sales estimates
Feb 23 (Reuters) - Domino's Pizza Inc fell short of quarterly U.S. same-store sales estimates on Thursday, in a sign that price hikes were eating into demand for the company's pizzas and chicken wings amidst decades-high inflation.
Shares of the Michigan-based company dropped 5% to $330.11 in premarket trade.
The world's largest pizza chain, like other fast food companies, has been wrestling with elevated costs of transportation, labor and raw materials,...
>>> Read more: UPDATE 1-Domino's Pizza misses quarterly same-store sales estimates
