Both Domino’s and Papa John’s reported slumping sales, citing customers returning to pre-pandemic habits, inflation, and ongoing labor shortages.
Their underwhelming performance comes despite vast efforts to lure customers back to delivery, ranging from robots to cash-back offerings.
On Thursday, Domino’s reported that same-store delivery sales declined by 6.6%, prompting shares to tumble by 12% — the company’s highest drop since 2010.
Source: Yahoo! News