Domino's Pizza Posts Surprise Fall in US Same-Store Sales as Inflation Bites
Domino's Pizza on Monday posted a surprise decline in first-quarter U.S. same store sales, as high inflation and macroeconomic uncertainty hit consumer spending.
Restaurant traffic slowed down in February and March as consumer sentiment weakened mainly due to President Donald Trump's erratic trade policy, which has fanned fears of a recession in the United States.
But pizzas are generally one of the last things consumers cut back on in times of economic uncertainty as they are easy on the pocket.
Earlier this month, Domino's...
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