DMP News: Why Domino's (DPZ) Stock Is Falling Today - 19th Jul 2024, 1:37am

annb0t

Top 20
Why Domino's (DPZ) Stock Is Falling Today

What Happened:

Shares of fast-food pizza chain Domino’s (NYSE:DPZ) fell 14.2% in the pre-market session after the company reported second-quarter results with revenue and gross margin missing analysts' expectations. The company suspended its long-term guidance of 1,100 annual net store openings, which is a bad sign. It could mean that the market is more saturated than previously thought. It could also mean that the product is no longer resonating ...

>>> Read more: Why Domino's (DPZ) Stock Is Falling Today
 
Top Bottom