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Investigation announced for Investors who lost money with shares of Domino's Pizza, Inc. (NYSE: DPZ) Investor over possible Violations of Securities Laws

09-14-2024 05:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Domino's Pizza, Inc. (NYSE: DPZ) shares over potential securities laws violations.

An investigation for investors in Domino's Pizza, Inc. (NYSE: DPZ) shares over potential securities laws violations.

An investigation was announced for investors of Domino's Pizza, Inc. (NYSE: DPZ) shares over potential securities laws violations by Domino's Pizza, Inc.

Investors who purchased shares of Domino's Pizza, Inc. (NYSE: DPZ), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Domino's Pizza, Inc. (NYSE: DPZ) concerning whether a series of statements by Domino's Pizza, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Ann Arbor, MI based Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally.

Domino's Pizza, Inc. reported that its annual Total Revenue declined from over $4.53 billion in 2022 to over $4.47 billion in 2023, and that its Net Income increased from $452.26 million in 2022 to $519.11 million in 2023.

On July 18, 2024 Domino's Pizza, Inc announced its financial results for the second quarter of 2024. According to Domino's Pizza, Inc, it "expects it will fall 175 to 275 stores below its 2024 goal of 925+ net stores in international primarily as a result of challenges in both openings and closures being faced by Domino's Pizza Enterprises ('DPE'), one of its master franchisees." Based on this shortfall, "the Company is temporarily suspending its guidance metric of 1,100+ global net stores until the full effect of DPE's store opens and closures on international net store growth are known."

Shares of Domino's Pizza, Inc. (NYSE: DPZ) declined from $539.99 per share on April 29, 2024, to $396.06 per share on September 11, 2024.

Those who purchased shares of Domino's Pizza, Inc. (NYSE: DPZ) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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