Domino’s Pizza Inc (NYSE:DPZ) reported first-quarter results that fell short of Wall Street expectations on Monday, as the world’s largest pizza chain grappled with a challenging economic backdrop and intensifying competition in the quick-service restaurant sector.
The Ann Arbor, Michigan-based company posted revenue of $1.15 billion for the quarter ended March 2026, missing analyst estimates of $1.17 billion, while earnings per share came in at $4.13, below the consensus forecast of $4.27.
US comparable store sales grew just 0.9% in the quarter, a tepid performance that underscored the pressure consumers are feeling amid broader macroeconomic uncertainty. International same-store sales declined 0.4% excluding foreign exchange impacts.
Net income fell to $139.8 million from analyst expectations of $144.2 million, a decline of roughly 6.6%.
Despite the earnings miss, Domino’s continued to expand its global footprint, adding 180 net new stores in the quarter to bring its total store count to 22,322 as of late March. International markets drove the bulk of that growth, accounting for 161 of the new locations.
Global retail sales grew 3.4% excluding currency effects, with US stores generating $2.3 billion in retail sales and international stores contributing $2.44 billion.
CEO Russell Weiner acknowledged the difficult operating environment while striking a confident tone. “In an intensifying macro and competitive environment, our scale advantage and best-in-class store level profitability uniquely position Domino’s in the QSR Pizza category to sustain the value and innovation customers demand,” he said in a statement.
Domino’s shares fell 9.5% following the results.
