Domino’s Pizza slumps after higher expenses outpace sales

Matt Cardy/Getty Images News Domino’s Pizza (NYSE:DPZ) fell sharply on Thursday after missing estimates with its Q1 earnings report. Same store sales declined 3.6% in the U.S. during Q1 and same-store sales at international stores increased 1.2% during the period. DPZ said its market basket pricing to stores increased 11.9% during Q1. International franchise revenues also increased due to international retail sales growth, but were negatively impacted by changes in foreign currency exchange rates.