Domino's Q2 US sales expected to decline amid tough market and promo competition, says UBS

Domino's Pizza is forecasted by UBS to report a 1.5% decline in US same-store sales for Q2, underperforming Wall Street's 0.3% growth expectation. The drop is attributed to macroeconomic pressures, intense promotional activity in the pizza sector, and difficult year-over-year comparisons. UBS expects Domino's to outline plans to boost sales, including value promotions, app and loyalty program enhancements, and new menu items. Despite short-term challenges, UBS remains optimistic about Domino's long-term market share growth and global expansion, though it notes risks to the company's 2026 guidance.