Pizza brands like Domino's and Papa John's are struggling as Americans shy away from delivery — and attempts to lure customers back are falling short
In a call with investors, Domino's CEO Russell Weiner attributed the decline to consumers resuming "pre-COVID eating habits," inflation's impact on higher delivery and tip fees, and staffing issues."We believe this dynamic will continue to pressure the delivery category in the short term, as long as consumers' disposable income remains pressured by macroeconomic factors," Weiner said in the call.
Bayron Solorzano, a Salvadorian immigrant, works as pizza delivery man for Dominos in Washington Heights, New York.And while Papa John's reported that international sales were up and the company managed to narrowly beat Wall Street expectations, its middling results — in tandem with Domino's performance — led shares to drop 6% on Thursday.
A courier worker is seen delivering an order as he leaves the American pizza restaurant franchise Papa John's Pizza in Spain.As Weiner stated on the call, pizza companies are not alone in their struggle: According to NPD data for 2022, food delivery was down in high single digits across the board.Some pizza companies also were hesitant to team with third-party services like DoorDash and Uber Eats, which tend to offer faster and cheaper delivery, ramping up competition.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Dominos, Papa John’s address pizza delivery challengesDomino's and Papa John's have been facing pressures in their delivery business from high inflation forcing customers to eat at home as well as staffing issues.
続きを読む »
Chicago man sentenced for robbing Domino's Pizza, Dunkin Donuts in DuPage CountyA Chicago man has been sentenced to 21 years in the Illinois Department of Corrections for robbing two DuPage County businesses in 2020.
続きを読む »
Domino’s Built a Pizza Empire on Delivery Innovations; Now It Faces ChallengesWatch: Domino’s dominates U.S. pizza sales, thanks in part to its innovations in delivery. But now, a shortage of delivery drivers is challenging this foundational part of its business.
続きを読む »
Domino's Pizza Is Losing Customers Due to Recent Price Hikes, New Report ShowsThe world’s largest pizza chain has reported earnings below expectations in its most recent quarter, as its U.S. sales weaken.
続きを読む »
Pizza Hut Is Winning the Pizza Wars Again—Here's WhyPizza Hut may finally be on the up and up, as it reports a better year-end quarter than its biggest competitors.
続きを読む »
The 11 Best Amazon Prime Movies Right NowNo need to flick through Amazon Prime's entire catalogue to find something good to watch. These are the best movies you can stream right now.
続きを読む »