Read previewAn investor has filed a class action lawsuit against Domino's Pizza, claiming the restaurant chain "overstated" its business and financial prospects.
AdvertisementSpecifically, the company's annual global net store growth.
The complaint says Domino's hosted its 2023 Investor Day that December, during which it discussed the long-term guidance for the annual global net store growth between 2024 and 2028.
The class action lawsuit against Domino's Pizza Inc. is about its annual global net store growth.
Despite investor concerns over its global net store growth, revenues at Domino's has grown.
Persons:
—, Pizza, Bernstein Lierbhard, Russel J, Weiner, Sandeep Reddy, Justin Sullivan, Domino's, Matt Cardy, Stringer
Organizations:
Service, Pizza Enterprises, Business, Domino's, BI, Domino's Pizza Enterprises, Domino's Pizza, U.S, Company
Locations:
Michigan, Domino's