Domino’s Pizza U.S. Same-Store Sales Grew Just 0.3%. Here’s Why New CEO Joe Jordan Says the Company’s ‘Next Chapter Will Be Our Strongest Yet.’
Domino’s Pizza (NASDAQ:DPZ) was one of the best-performing stocks of the 2010s, but the world’s biggest pizza chain has delivered more modest results this decade.
In fact, the stock is down 36% over the last five years. After a decade of delivering positive same-store sales growth, Domino’s growth has slowed considerably due to inflation and competition from delivery platforms like DoorDash.
In its third-quarter earnings report, Domino’s continued to struggle with the stock falling 3.5% on the news.
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