For Domino’s Investors, Chain Restaurant Price Wars May Be ‘Best Deal Ever’
Here’s how one company took advantage of the domino effect in real time: Trade wars and economic uncertainty triggered a consumer pullback, a consumer pullback triggered fast-food industry competition on price, competition on price is triggering an overhaul of Domino’s discounts and deals, and Domino’s discounts and deals are leading to more customers. In its third-quarter earnings report on Tuesday, Domino’s Pizza announced stellar results, with revenue rising more than 6% year-over-year and same-store s ...