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Domino's US Sale Growth Hits Five-Quarter Low As Budget Diners Pull Back

Domino's US Sale Growth Hits Five-Quarter Low As Budget Diners Pull Back Domino's Pizza posted its softest US comparable-sales growth in five quarters as inflation and the national average price for regular gasoline above $4 a gallon pressured working-poor consumers. Second-quarter same-store sales rose a measly .1%, in line with estimates but trailing the growth expected across much of the quick-service restaurant industry (QSR). Snapshot of 2Q earnings results (courtesy of Bloomberg): Total domestic stores comp sales growth +0.1%, estimate +0.11% (Bloomberg Consensus) Domestic franchise comparable sales growth 0%, estimate +0.07% Domestic co-owned comparable sales...
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