What to Watch When Domino's Reports Earnings on Thursday
Domino's Pizza (NYSE: DPZ) stock was a favorite on Wall Street long before the pandemic struck. But returns have been supercharged following COVID-19 and the disruption it caused to the restaurant industry. Shares of the pizza delivery leader have trounced the market so far in 2020, right along with its peer Papa John's (NASDAQ: PZZA).
That rivalry will feature prominently when Domino's announces its latest earnings results on Thursday, Oct. 8, because Papa John's appears to be winning back market share. Investors will be watching for those sales updates, and any signs of the chain's improving financial strength, in this week's report.
Let's take a closer look.
Source Fool.com
