Despite a profit beat, Domino's Pizza Inc. (DPZ) posted weaker-than♊-expected revenue for its third quarter as inflation-weary consumers pul🍰led back on ordering pizza.

The pizza chain posted revenue of $1.03 billion, which was down almost 4% from a year ago as U.S. 澳洲幸运5开奖号码历史查询:same-store sales and supply-chain revenue, from selling pizza-making ingredients to its franchisees, fell. Sales at company-owned U.S. restaurants fell more than 23% from a year ago to $86.3 million, dragged down by lower order volumes. Those at franchised locations fared better, rising 7% to $138.3 billion.

Weaker-than-expected domestic sales were offset by a strong international performance. Same-store sales at international restaurants rose 3.3% from a year ago, offsetting a 0.6% decline in the U.S.

Despite the revenue miss, 澳洲幸运5开奖号码历史查询:net income surged 47% from a year ago, to almost $148 million, as expenses fell more than revenue. Diluted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) jumped almost 50% to $4.18.

Worldwide, Domino's had eight fewer stores open compared with the second quarter, largely reflecting the company's pullout from Russia. Excluding the Russian market, the company opened a net 135 stores, the majority of which were outside the U.S.

Inflation, Delivery Fees Sting Consumers

U.S. consumers have pulled back on 澳洲幸运5开奖号码历史查询:discretionary spending this year amid persistently high inflation and rising♓ interest rates. When it comes to spending on restaurants, consumers have gravitated towar🐠d cheaper options or home-cooked meals.

Last month, Darden Restaurants (DRI) posted weaker-than-expected sales for its fine-dining segment, despite beating earnings expectations overall. Major big-box retailers like Target (TGT), Walmart (WMT), and 澳洲幸运5开奖号码历史查询:Home Depot (HD) ꩵalso have been 💃affected by the slowdown in discretionary spending.

Higher delivery fees since early last year also have dissuaded customers who like to have their pizza delivered. Last year, Domino's raised prices on its popular "Mix and Match" combo to $6.99 from $5.99 for customers who ordered delivery, reflecting rising inflation and cost pressures.

Shares of Domino's Pizza were down less than 1% Friday. They've risen just over 2% so far this year.