Description: New York (CNN Business)People are flocking to America’s biggest pizza chains in the pandemic, and that should be great news for Domino’s. But just as Covid-19 has people buying more pizza, it has led to higher costs for everything from cleaning supplies to worker pay. Ingredient costs have also fluctuated: The company said cheese prices have been swinging wildly during the pandemic, going from an all-time low at one point to an all-time high last quarter. And that’s meant Domino’s increased sales have muted profits that disappointed Wall Street.
Date: Oct 08, 2020
Questions for discussion:
- What are the financial lessons to take away from the report on Domino?
- Is there a way to increase profitability?