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Why Domino's has lost the wind from its sails

 

Although Domino’s Pizza reported nearly stagnant same-store sales growth of 0.1% for the second quarter ended June 18, 2023, the numbers were not surprising for a company that is focusing on rebuilding its delivery growth, Domino’s Pizza CEO Russell Weiner emphasized Monday.

After dominating the industry during the pandemic, Domino’s has been struggling for several quarters now with rising costs, labor challenges, and being able to keep up with demand. Now, with a recently announced partnership with Uber Eats (the first delivery partnership for the traditional delivery-focused pizza brand) and the promise of an updated loyalty program this fall, Domino’s is planning out a roadmap for the future.

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