Domino’s shares slump after forecast of weak US same store sales growth

Growth view disappoints as consumers tighten budgets

Domino’s Pizza warned investors to expect weak growth in US same-store sales, pointing to pressured consumer sentiment and tougher competition in the market. The forecast rattled traders, with the company’s shares falling about 10% in early trading. Analysts will now watch whether promotions can offset demand softness and pricing pressure.