Domino's feels the heat as Pizza Hut takes a slice out of sales

Company blames 'very aggressive' rival and rising prices for slowdown

Domino's Pizza suffered a sharp slowdown in sales growth in early 2017 as rival Pizza Hut cut prices and consumers reined in spending.

David Wild, the Domino's chief executive, said Pizza Hut was "very aggressive" in January and that consumers were more cautious about spending.