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Domino's Pizza Falls 11% On Weak Q1 Profit Despite Sales Growth

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Shares of Domino's Pizza, Inc. (DPZ) dropped 11% on Monday morning after the first-quarter profit dropped despite a modest revenue increase.

The stock is currently trading at $329.29, down $38.89 or 10.56%, on the Nasdaq. It opened at $341.47 after closing the previous session at $368.18. The stock has traded between $329.22 and $499.08 over the past 52 weeks.

Domino's reported net income of $139.81 million, or $4.13 per share, down from $149.65 million, or $4.33 per share, last year.

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