Domino’s ‘Hungry for More’ Strategy Boosts Global Sales, but Stock Dives

The share price dropped as sales and earnings were below estimates, and U.S. sales lagged international sales.
Domino’s ‘Hungry for More’ Strategy Boosts Global Sales, but Stock Dives
A Domino's Pizza restaurant in the Lower East Side of Manhattan on July 11, 2017. Samira Baouaou/The Epoch Times
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News Analysis

Domino’s “Hungry for More” strategy helped the world’s largest pizza franchise deliver higher sales and earnings for the fourth quarter of 2024 despite a challenging environment for the quick service restaurant (QSR) industry.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”