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Benzinga

Business

Shivani Kumaresan

Domino's Russian Franchisee Halts Royalties

Russia Domino DPZ Moscow NYSE Ukraine

The Russian franchisee of Domino's Pizza Inc (NYSE: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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