Domino’s Pizza (DPZ) is falling sharply in Monday trading (April 27, 2026) after reporting first-quarter 2026 results that came in below Wall Street expectations. The selloff is being driven by a combination of softer-than-expected comparable sales trends (especially outside the U.S.) and a profit hit tied to the company’s investment in DPC Dash.

Domino’s posted Q1 2026 diluted EPS of $4.13 on revenue of $1.1506 billion. Operationally, global retail sales grew 3.4% excluding currency, but U.S. same-store sales increased only 0.9% and international same-store sales declined 0.4% (excluding FX), a mix that signaled demand softness relative to what investors were positioned for going into the print. Net income fell year over year, with Domino’s citing an unfavorable $30.0 million change in pre-tax unrealized losses/gains tied to remeasuring its DPC Dash investment.

Despite the miss, Domino’s highlighted areas of resilience: income from operations increased year over year, supported by higher franchise royalties/fees and supply-chain performance, and global net store growth totaled 180 in the quarter (19 net U.S. openings and 161 net international openings). The board also approved an additional $1.0 billion share repurchase authorization, expanding total remaining authorization for future repurchases.

The key near-term question is whether Domino’s can re-accelerate U.S. comps while stabilizing international trends, as investors appear to be repricing the stock on the idea that growth is becoming harder to sustain in a value-competitive quick-service environment. Traders will be listening for commentary on traffic, pricing/value strategy, and whether investment-related volatility (including DPC Dash marks) will remain a recurring swing factor in reported earnings.