Tuesday, October 8, 2019

Domino's Pizza earnings miss expectations in the third quarter

Yahoo Finance
Domino’s Pizza on Tuesday reported a miss on both the top and bottom lines during its third quarter, as the company struggles to fend off a stiff challenge from the growing number of food delivery services.

Domino’s has been not been immune to the pressures of third-party aggregators like DoorDash, Uber Eats and Grubhub — all of which have disrupted the food space. The pizza giant’s same-store sales, a key industry metric, also missed expectations.. . . more