Domino's Pizza (NYSE:DPZ) slipped in early trading after falling slightly short of revenue estimates with its Q3 earnings report and setting cautious guidance. The pizza chain operator reported revenue increased 4.

Domino's Pizza has announced an increase in total revenues by 5.1% to $1.08bn in the third quarter of 2024, compared to $1.027bn during the same period of 2023. The growth was primarily driven by higher supply chain revenues, franchise advertising, and royalties and fees in the US.

Domino’s Pizza Inc.’s stock fell slightly early Thursday, after the chain’s fiscal third-quarter profit beat was not enough to offset a slight revenue miss in a still challenging consumer environment and small downward revision to sales guidance.