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Domino's Pizza Enterprises Shares Drop 13% on Sales Slump

Bloomberg Markets •
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Shares of Australia’s Domino’s Pizza Enterprises Ltd. tumbled the most in about six months as the struggling fast-food chain reported a further decline in sales across several markets. The stock fell as much as 13%, the most since February, after a sales slump accelerated in the financial year ending June 30. Same-store sales dropped 4.1%, while all of its key markets across Australia, Europe and Asia reported declines, the company reported Wednesday.