Domino's shares drop 21% after Q1 revenue miss

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2▲1 ▼2Impact / 5
Summary · why it matters

Domino's reported first-quarter revenues of $1.15 billion, up 3.5% year on year but falling 1% short of analyst expectations, alongside a slight miss on same-store sales and EPS estimates. The stock has declined 21% since the announcement, trading at $290.45. Among the 12 traditional fast food stocks tracked, the group collectively beat revenue consensus by 1.4% but saw average share prices fall 3.7%. El Pollo Loco was the best performer, with revenues of $126.2 million beating estimates by 3.2% and its stock rising 14.2%, while Papa John's was the weakest, with revenues of $478.6 million missing by 1.4% and posting the slowest revenue growth in the group.

Impact on assets 5

Consumer Discretionary± Mixed