Domino's Pizza CEO talks weakness in its international business

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

News News

Business Business Latest News,Business Business Headlines

In a Monday interview with CNBC’s Jim Cramer, Domino’s Pizza CEO Russell Weiner discussed weakened guidance the company gave for its international…

In a Monday interview with CNBC's Jim Cramer, Domino's Pizza CEO Russell Weiner discussed weakened guidance the company gave last week for its global business, largely due to a single multination franchisee.

Domino's reported an earnings beat last week, but said it may fail to reach its target for international store growth by 175 to 275 stores. The company said this is largely due to weakness in Domino's Pizza Enterprises, its largest international franchisee with stores that operate in Australia, New Zealand, France and the Netherlands, among other countries.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves midday: D.R. Horton, Domino's Pizza, Infosys and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »