Domino's Pizza (DPZ) stock slips on revenue miss

Domino's Pizza (NYSE: DPZ) shares fell 2% in pre-open Monday trading after the company reported Q2 results.

Domino’s posted EPS of $3.08 on revenue of $1.03 billion, which compares to the analyst consensus for earnings of $3.06 per share on revenue of $1.07 billion.

Sales fell 3.8% year-over-year, while comparable sales grew 0.1% YoY, below the expected growth of 0.8%. Domestic sales growth was down 0.1% while international comparable sales rose 3.6% YoY, the company said.

"We are executing our plan to restore delivery growth in the U.S.," said Russell Weiner, Domino's Chief Executive Officer.

“Our efforts to improve service and staffing while driving value and innovation will continue to make a difference in driving order counts in this important part of our business.”

The company’s stock recently rose on the announced partnership with Uber Eats.

DPZ shares are up 11.3% year-to-date.

By Senad Karaahmetovic

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