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Domino's Just Reported Weak Sales and Its Stock Dropped 10% — Here's Why the CEO Isn't Worried

Entrepreneur·Jonathan Small·about 1 month ago
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CEO Russell Weiner expects other fast-food chains to report similar headwinds from bad weather and weak consumer sentiment tied to Iran war. By Jonathan Small | edited by Dan Bova | Apr 29, 2026 Domino’s sales numbers didn’t deliver this quarter. The pizza chain’s stock dropped 10% Monday after reporting U.S. same-store sales rose just 0.9%, missing Wall Street’s 2.3% forecast. CEO Russell Weiner lowered the full-year U.S. same-store sales forecast to low-single digit growth, down from a prior projection of 3%. But he’s not panicking. Weiner told CNBC he expects other fast-food chains to report similar headwinds from winter weather and weak consumer sentiment, which tanked in March due to spiking fuel prices from the U.S.-Israeli war with Iran. Domino’s also faced stiffer competition from rival pizza chains . Papa John’s and Pizza Hut both matched Domino’s $9.99 “Best Deal Ever” promotion, while Little Caesars undercut its $6.99 Mix & Match deal with a $5.99 version.…

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