Inflation Could Take a Big Bite Out of This Pandemic Winner
Domino's Pizza (NYSE: DPZ) is scheduled to report first-quarter 2022 earnings on April 28. The iconic pizza company thrived when restaurants were forced to close for in-person dining at the pandemic's onset. With billions of people at home and restaurants closed, sales boomed for Domino's.
Two years later, the pandemic is evolving into a headwind for the business. Other restaurants have reopened, and the competition for labor and commodities needed to keep the restaurants running is raising operating expenses.
Investors interested in Domino's should keep an eye on how big of a bite inflation takes out of Domino's sales and profits when it announces Q1 results on Thursday.
Source Fool.com
