Domino's Pizza CEO talks weakness in its international business

📆 23/07/2024 01:49:00
📰 nbcchicago

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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.

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