Domino’s Pizza, a large public company, and a franchisor, posted a weaker-than-expected quarterly profit due to a sharp drop in
U.S. sales, the biggest independent U.S. pizza chain said on Tuesday,
and its shares fell as much as 19 percent.
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Like other pizza sellers, Domino’s has faced weak domestic demand and
higher costs for items like wheat and cheese. At the same time, U.S.
consumers are more likely to prepare their own meals at home to save
According to Wall Street Journal, Domino’s said it will save its cash and potentially make loans directly
to its franchisees, because of the current credit crunch. Read a little.
Do I smell some good PR opportunities, here, or, is that just the pepperoni sizzling…??
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More on franchisee credit problems. Read the story.