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BRIEF-Domino's Has Lot Of Work To Do To Restore Growth In Delivery Business- Executive

BY Reuters
— 12:27 PM ET 04/28/2022

April 28 (Reuters) - Domino's Pizza Inc:

* DOMINO'S PIZZA INC EXEC SAYS CO IS DISAPPOINTED IN Q1 DELIVERY RESULTS; STILL HAS LOT OF WORK TO DO TO RESTORE GROWTH IN IMPORTANT CHANNEL -CONF CALL

* DOMINO'S PIZZA INC EXEC SAYS CO WILL CONTINUE TO FACE PRESSURE, BOTH ON TOP LINE AND BOTTOM LINE EARNINGS, FOR U.S. BUSINESS OVER NEXT FEW QUARTERS

* DOMINO'S PIZZA INC EXEC SAYS 2022 IS SHAPING UP TO BE A CHALLENGING YEAR FOR CO

* DOMINO'S PIZZA INC EXEC INDIA ONCE AGAIN LED CO'S INTERNATIONAL MARKETS IN STORE GROWTH AND OPENED ITS 1,500TH STORE DURING Q1

* DOMINO'S PIZZA INC EXEC SAYS CO EXPECTS MARGINS FOR REST OF 2022 TO BE PRESSURED

* DOMINO'S PIZZA INC EXEC SAYS G&A IS EXPECTED TO BE $420 MILLION-$428 MILLION AS CO CANCELS OR DELAYS SOME INVESTMENTS ORIGINALLY PLANNED FOR 2022

* DOMINO'S PIZZA INC EXEC SAYS RETAIL SALES GROWTH, EXCLUDING IMPACT OF FOREIGN CURRENCY IN 2022, WILL DROP BELOW LOW END OF 6%-10% 2- TO 3-YEAR OUTLOOK

* DOMINO'S PIZZA INC EXEC ON LABOR CONSTRAINTS SAYS CO WORKED WITH THIRD-PARTY CALL CENTER PROVIDERS TO ADD CAPACITY

* DOMINO'S PIZZA INC EXEC ON LABOR CONSTRAINTS SAYS BY MID-MAY, CO BELIEVES 2,500-3,000 STORES WILL BE LEVERAGING CALL CENTERS IN SOME CAPACITY

* DOMINO'S PIZZA INC EXEC ON DRIVER SHORTAGE SAYS "WHILE WE CONTINUE TO LOOK INTERNALLY FOR BEST PRACTICES, I WILL TELL YOU NOTHING IS OFF THE TABLE " Further company coverage:

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

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