Domino's is getting demolished after a huge miss on earnings

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An Autonomous Robot Can Now Deliver Your Domino's Pizza

Shares of Domino's are getting crushed on Thursday after the company reported terrible earnings for its first quarter.

The pizza chain reported earnings per share of $0.89, whiffing on analyst expectations of $0.98 per share. Revenue also came in light at $539.2 million versus expectations $543.9 million.

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Domino's is getting demolished after a huge miss on earnings

New York Thin Crust

(AP Photo/Kathy Willens)


(Photo via Shutterstock)

California Style

(Photo by Lawrence K. Ho/Los Angeles Times via Getty Images)

Chicago Deep Dish

(Photo by Daniel Acker/Bloomberg via Getty Images)

Detroit Style

(Photo by Cyrus McCrimmon/The Denver Post via Getty Images)

New England Greek

(Photo via Getty Images)

Colorado Style

(Photo By Brian Brainerd/The Denver Post via Getty Images)

Tomato Pie

(Photo by Roberto Machado Noa/LightRocket via Getty Images)

Chicago Thin Crust

(AP Photo/Paul Beaty)


Sales at company owned stores missed estimates, growing just 4.0% against expectations of 5.5%. Franchised store sales were up 6.6% against estimates of 6.0%.

In response to the news, shares of the company are down just over 9% at $121.45 in pre-market trading.

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