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(Reuters) -Domino's Pizza Inc missed quarterly sales estimates on Thursday, in a sign that price hikes were eating into demand for its pizzas and chicken wings amidst decades-high inflation, sending its shares down nearly 10% in premarket trade.
The world's largest pizza chain, like other fast food companies, has raised prices of its menu items over the past year as it wrestles with elevated costs of transportation, labor and raw materials, a move analysts say could weigh on orders.
Even with ...
>>> Read more: Domino's Pizza misses sales estimates as demand wavers amid driver shortage
The world's largest pizza chain, like other fast food companies, has raised prices of its menu items over the past year as it wrestles with elevated costs of transportation, labor and raw materials, a move analysts say could weigh on orders.
Even with ...
>>> Read more: Domino's Pizza misses sales estimates as demand wavers amid driver shortage
