Domino’s Is Today’s Worst S&P 500 Stock. Inflation Hits Deliveries Business.

Domino’s Pizza DPZ –11.25% stock was sinking Thursday after the company lowered its retail sales outlook as macroeconomic pressures have hit its delivery business. Domino’s (ticker: DPZ) said Thursday it has continued to experience ongoing macroeconomic headwinds in the U.S., which led to “significant pressure on our U.S. delivery business in 2022.” The pizza maker now expects global retail sales growth of between 4% to 8% in the next two to three years. The company previously expected retail sales growth of between 6% and 10%. After losing eight million egg-laying hens to avian influenza in 2015, Versova Management Co. spent tens of millions of dollars on laser systems, sound cannons and on-site worker showers to shield flocks from the virus spread by wild birds. Versova lost another two million or so hens in the latest outbreak, showing the limits of costly industry protections.

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