, Columnist
There’s No One to Deliver the Pizzas
Domino’s posted its first decline in U.S. same-store sales in more than a decade because it cannot find enough delivery drivers.
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There’s no one to deliver the pizzas.
Shares of Domino’s Pizza Inc. initially fell Thursday morning after the largest pizza company in the world posted its first decline in U.S. same-store sales in more than a decade. These results came as a shock to analysts and investors, who were expecting continued growth while the pandemic supercharges demand for takeout and delivery meals. But demand may not be the problem. Rather, a dearth of delivery drivers — amid a national shortage of workers — could be what’s eating into Domino’s sales. (Shares later reversed course and erased their decline.)