Why I'm Watching Domino's Pizza More Closely
Domino's Pizza (NYSE: DPZ) stands out as the restaurant industry deals with perhaps the most significant challenge it has faced in recent history. The COVID-19 pandemic has limited most restaurants to takeout and delivery only. This has devastated an industry that heavily depends on sit-down customers.
However, as a business that is oriented toward delivery, Domino's has managed to remain steady in an environment where some restaurants had to shut their doors for the duration of this lockdown. Moreover, with a vaccine for coronavirus months or years away, many customers will likely stay home even as sit-down restaurants are finally permitted to reopen fully. For this reason, investors need to not only watch Domino's stock but also learn how the company can serve as a potential model for recovery across the restaurant industry.
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Source Fool.com
