Domino's Pizza Exec Says We Expect Q3 Same-Store Sales Trends In Our Delivery Business To Be Challenged Similar To Q2; Expect A Slight Improvement In Trend In Q4 As Updated Loyalty Program Begins To Roll Out
Portfolio Pulse from Happy Mohamed
Domino's Pizza executive has stated that they expect Q3 same-store sales trends in their delivery business to be similar to Q2, indicating a challenging period. However, a slight improvement is expected in Q4 as the company begins to roll out its updated loyalty program.
July 24, 2023 | 12:47 pm
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NEUTRAL IMPACT
Domino's Pizza expects a challenging Q3 for its delivery business, similar to Q2, but anticipates a slight improvement in Q4 due to the roll out of an updated loyalty program.
The news directly pertains to Domino's Pizza's future earnings, specifically in relation to its delivery business. The challenging Q3 could potentially impact the company's stock negatively in the short term. However, the expected improvement in Q4 due to the updated loyalty program could offset this negative impact, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100