>“We’re not happy with it,” CEO Russell Weiner told CNBC.
>Weiner said he expects more fast-food chains to report similar headwinds from winter weather and weak consumer sentiment, which took a dive in March due to spiking fuel prices caused by the U.S.-Israeli war with Iran.
>“One of the bad things about reporting first is you don’t get to hear about anybody else,” Weiner said.
>“People are seeing what we’re doing, and they’re sick of losing share, and they’re coming at it,” Weiner said, adding that he still expects Papa John’s and Pizza Hut to report same-store sales declines for the quarter despite the new promotions.
>And if either Pizza Hut or Papa John’s goes private, Weiner said he expects that a new owner would shutter even more locations — a win for Domino’s.
>Shares of Domino’s have lost nearly a third of their value over the last year. The company’s market cap has fallen to roughly $11.2 billion.
https://www.cnbc.com/2026/04/27/dominos-pizza-dpz-earnings-stock-falls-on-weak-sales.html
Posted by ControlCAD
3 Comments
The CEO has always maintained the position that Domino’s is a tech company. Guess we will see.
We ain’t got no monies
You can tell this guy doesn’t eat his products. Domino’s used to be great pizza and now it’s garbage. I buy pizza all the time but if you gave me a dominos pizza I wouldn’t want it.