Domino's Russian Franchisee Halts Royalties

by Shivani Kumaresan, Benzinga Staff Writer
March 11, 2022 1:48 PM | 23 seconds read |
  • The Russian franchisee of Domino's Pizza Inc DPZ has paused royalty payments from its restaurants in Russia, Reuters reported.
  • The franchisee will also stop further investments in the country following Moscow's invasion of Ukraine.
  • Netherlands-based DP Eurasia NV is the independent franchisee of Domino's in Russia.
  • Price Action: DPZ shares are trading lower by 1.52% at $387.17 on the last check Friday.
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