Why Domino's Can Stay Strong During the Coronavirus Pandemic
Amid the coronavirus pandemic, Domino's Pizza (NYSE: DPZ) is a success story many investors have seemingly overlooked. Focused on takeout since its founding in 1960, the company has been operating from a position of strength throughout the pandemic-related lockdowns.
With the return of customers to sit-down restaurants, some investors may be concerned that Domino's higher sales levels could fall back. However, with coronavirus cases on the rise again, Domino's stock could benefit if the massive sales surge continues.
Though it's safe to say this was never the intent, Domino's business model is nearly ideal for a pandemic where large segments of the population are being urged to stay home. As primarily a delivery and takeout operation, it does not have much of a dine-in business to lose.
Source Fool.com
