Domino's Pizza IncNasdaq: DPZ
Consumer Discretionary · Restaurants
$312.66
-0.54%
Vol: 813K
Research Digest
Friday, June 19, 2026
Domino's Pizza Q1 2026 EPS and revenue miss estimates, company cuts same-store sales guidance amid macro headwinds.
Domino's Pizza reported Q1 2026 EPS of $4.13, missing the consensus estimate of $4.28, on revenue of $1.15 billion versus a $1.17 billion forecast. U.S. same-store sales grew just 0.9% while international comps declined 0.4% ex-FX. Management revised full-year U.S. same-store sales guidance to the low single digits, down from an internal target of 3%, citing macro volatility and consumer softness. On the positive side, income from operations rose 9.6% to $230.4 million, the board approved a $1.0 billion share repurchase program, and a $1.99 quarterly dividend was declared. Multiple analysts have lowered price targets following the report, with UBS cutting to $425 from $480 while keeping a Buy rating, Baird reducing to $400 from $495, and Goldman Sachs trimming to $430 from $480. The miss and guidance cut signal near-term demand pressure in the value-oriented quick-service restaurant segment.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Domino's launched a four-day 50% off menu-priced pizza promotion (May 6-9) and is distributing 75,000 free pizzas via EA SPORTS FC 26 codes, as shares trade ~$308 amid slowing sales.Mixed▶
Domino's Pizza ran a 50% off menu-priced pizza promotion from May 6-9, 2026, after an April 24 third-party online ordering outage affected customers. The company is also distributing 75,000 free Emergency Pizzas to eligible EA SPORTS FC 26 players in the U.S. through Friday in-game promo codes through June 5, 2026. More than 60,000 registrants could receive a free medium two-topping pizza redeemable by August 2 tied to the U.S. Red Card. These promotions follow Q1 2026 results showing US same-store sales growth of just 0.9% (below ~2.3% expected) and revised lower full-year international same-store sales guidance, with shares down ~30% over the past year. The board previously authorized an additional $1.0 billion share repurchase program. Shares closed near $308 on May 18, 2026, with consensus analyst rating of Buy and average PT of $434.29.
May 20Berkshire Hathaway exits Domino's Pizza stake as international same-store sales decline.Negative▶
Berkshire Hathaway's new CEO Greg Abel exited the firm's Domino's Pizza stake along with positions in Amazon, Visa, Mastercard, and other names. Domino's stock has fallen approximately 21.8% year-to-date and 29.1% over the past year. Q1 2026 reported global retail sales growth of 3.4%, but international same-store sales declined 0.4%, dragged by weakness at Domino's Pizza Enterprises (its largest international franchisee). The board authorized an additional $1.0 billion share repurchase. On May 18, Domino's announced a $1 million Emergency Pizza giveaway tied to the U.S. soccer team. Citi maintained Hold on May 17, and Wolfe Research kept its Buy rating on May 12. Soroban disclosed a 7.4% passive stake in Domino's.
May 19Domino's announced $1M emergency pizza giveaway tied to a US Red Card (May 18) as Soroban Capital disclosed 7.4% stake; shares trade ~$298 down 27% YTD after Q1 international SSS fell 0.4%.Mixed▶
Domino's reported Q1 2026 US same-store sales growth of 0.9% but international SSS fell 0.4% (ex-FX), dragged down by weak performance at Domino's Pizza Enterprises, its largest international franchisee. The company added 180 net new stores globally and repurchased over $169M in stock through April 21; the board authorized an additional $1.0B share-repurchase program on top of ~$290M remaining. Management lowered its FY international SSS outlook to low-single-digit growth. On May 18, Domino's announced a $1M emergency-pizza giveaway tied to a US Red Card promotion. Soroban Capital (Eric Mandelblatt) disclosed a 7.4% passive stake (2.5M shares) via Schedule 13G dated May 15. Shares trade around $298 with a $9.93B market cap, down 18% over the past month, 27% YTD and 35% over the past year. Consensus PT is $434.29 (Buy); Citi has Hold, Wolfe Research has Buy.
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 15Domino's Pizza Q1 EPS of $4.13 misses $4.28 estimate; stock down 29.1% YoY despite Berkshire Hathaway 3.35M-share stake.Mixed▶
Domino's Pizza reported Q1 2026 EPS of $4.13, falling short of the forecast $4.28. The stock has declined 12.3% recently, attributed to weak fundamentals and mixed Q1 performance. Year-to-date the stock is down 21.8% and 29.1% over the past year. Berkshire Hathaway, under Warren Buffett's advisory role, has accumulated 3.35 million shares of Domino's Pizza, providing notable institutional backing that contrasts with the company's operational struggles in international markets. DPZ announced a cash dividend of $1.99 with an ex-date of June 15, 2026. Stock trades at $305.70 with a market cap of $10.11B, P/E of 17.75, and 2.3% dividend yield. DCF analysis suggests the stock is undervalued by 18.9%.
May 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 13Domino's stock down ~22% YTD as Q1 EPS of $4.13 missed $4.28 estimate and management cut 2026 same-store sales guidance amid intensifying pizza promotional warNegative▶
Domino's Pizza shares closed at $312.42 on May 12, down 21.8% YTD and 29.1% over the past year, after Q1 2026 EPS of $4.13 fell short of the $4.28 consensus estimate. Management cut full-year U.S. same-store sales guidance to positive low-single digits and trimmed international guidance to low-single-digit growth after Q1 U.S. comps grew just 0.9%. The board authorized an additional $1.0 billion share repurchase program, bringing total authorization to $1.29 billion. Management cited deteriorating consumer sentiment at levels not seen since COVID and intensifying competition from rival pizza chains as key pressures. CEO issued a blunt message on international sales challenges. Risk: continued promotional intensity could compress margins through 2026. The average analyst 12-month price target is $414.90.
May 12Zacks Research lowered Q3 2026 EPS estimates for Domino's Pizza amid ongoing concerns over weak comparable sales and rising promotional intensity.Negative▶
On May 11, 2026, Zacks Research published reduced Q3 2026 EPS estimates for DPZ, extending a string of negative analyst revisions following the Q1 earnings miss ($4.13 vs $4.28-$4.29 consensus) and softening U.S./international same-store sales. The downgrade reinforces a wait-and-see stance echoed by commentators like Jim Cramer. Shares are down roughly 30% over the trailing year and 21.8% YTD, reflecting deteriorating sentiment. Bear case: promotional intensity is squeezing unit economics while comp sales weaken in both segments, and a pending class-action lawsuit over alleged Tax 2 junk fees adds legal overhang.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| MCDMCDONALD | $278.85 | -1.75% | +2.5% | 19.7x | 0.42 | $199.4B |
| SBUXSTARBUCKS | $100.65 | +0.83% | +0.7% | 34.7x | 0.97 | $118.8B |
| YUMYUM | $152.18 | -1.23% | +7.7% | 22.1x | 0.56 | $45.4B |
| CMGCHIPOTLE | $32.45 | +1.84% | +11.7% | 26.1x | 0.96 | $45.4B |
| DRIDARDEN | $213.65 | +1.10% | -4.3% | 16.5x | 0.58 | $23.4B |
| DPZDOMINO | $312.66 | -0.54% | +8.4% | 14.9x | 0.97 | $10.4B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.