After a decline in the first quarter, Domino's anticipates sales pressure to endure.

Domino's Pizza Inc (DPZ.N) missed quarterly sales projections and said personnel shortages and inflation will weigh its business later this year, sending its shares down 5%.

Domino's offered consumers a $3 promo code for picking up online orders during the quarter to sidestep a driver shortage.

The company's U.S. division will endure earnings and sales pressure over the next several quarters, CEO Richard Allison warned during an earnings call.

Domino's dismal news comes as analysts say restaurant staffing concerns are abating, setting up a solid second half of the year.

Wall Street analysts fear Americans will tyre of pizza after two years of the pandemic, which has boosted sales at Domino's and Papa John's (PZZA.O).

Credit Suisse says pizza sales grew 9.5% to $45 billion last year, with Domino's accounting for a fifth.

Domino's first-quarter U.S. same-store sales fell 3.6%, while economists predicted a 0.6% drop.

McDonald's (MCD.N) announced better-than-expected quarterly results thanks to price hikes and a new loyalty programme.

Domino's earnings per share were $2.50, which was less than what was expected, which was $3.06.

Domino's has also raised the price of its "mix and match" delivery deal by $1, so it now costs $6.99. This is because the cost of goods has gone up.

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