Domino's Earnings Call Highlights: An "Existential Crisis" for the Industry
Domino's (NYSE: DPZ) has managed to keep growing even as the restaurant and fast-food industries contracted through the early weeks of the global COVID-19 pandemic. The pizza specialist's business model was already optimized for delivery and carry-out only, which has helped it avoid the widespread closures and slumping customer traffic that are hurting most of its peers.
In a conference call with Wall Street analysts, CEO Rich Allison and his team explained how demand trends have shifted in recent weeks in key markets like the U.S. and China while predicting that Domino's has the financial resources it needs to navigate through the disruption. Below, we'll look at a few highlights from that presentation.
Image source: Getty Images.
Source Fool.com
