Domino's sales rise slightly short of estimates as coronavirus curbs ease

Domino's Pizza Inc missed estimates for quarterly revenue on Thursday, as the pizza chain faced stiff competition from rival fast-food chains and restaurants that reopened after the easing of some COVID-19 curbs.
 

Shares of the company were down 3% in premarket trading.
 

Analysts have raised concerns over the ability of pizza chains, including Domino's, to keep up heightened sales levels seen during the lockdowns in a post-pandemic world, as more dine-in restaurants open up and compete for customers.
 

Sales at Domino's US stores open for more than a year rose 11.2%, missing market estimates of 12.48%, according to Refinitiv IBES