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Domino’s shares slip 5 percent after report warns of weak first-quarter sales

April 10, 2017

Via: CNBC
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Shares of Domino’s Pizza fell more than 5 percent on Friday, closing at $175.16 per share, after a report warned first-quarter sales would be weak for the pizza chain.

According to StreetAccount, a report by M Science said the company’s domestic sales growth would be “well below the rough consensus estimate.”

Domino’s, one of the strongest restaurant chains, posted same-store sales growth well above its rivals in the last quarter.

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