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Domino's Pizza loses crisp in June quarter on higher base, lower walk-ins

Rough patch could continue amid slowdown in consumption

Dominos
premium

Ram Prasad Sahu
Despite a major sporting event, higher promotion, and wider menu options, Jubilant FoodWorks-run Domino’s Pizza reported muted sales growth in the June quarter, as compared to the year-ago period.
 
The pizza chain reported 4.1 per cent same-store sales growth (SSG) in the quarter, as compared to 25.9 per cent growth in the June 2018 quarter. The company indicated that comparable growth was 5.8 per cent, given the splitting of stores to create multiple outlets in a given area. This is the second quarter in a row for which sales growth was in a mid-single digit.
 
In addition to