Domino's to Offer More Discounts Amid Lower Food Costs
The pizza chain adjusts profit forecasts while aiming to boost sales through strategic promotions.
- Domino's reported a drop in orders and revenue for the first half of 2024.
- The company plans to pass on savings from lower food costs to customers through increased discounts.
- CEO Andrew Rennie highlighted a recovery in customer confidence and sales growth in Q2.
- The company expects full-year profits to be at the lower end of market expectations.
- New store openings and promotions during the Euro 2024 tournament contributed to recent sales momentum.