DMP News: Domino's Pizza profit disappoints on higher costs, labor crunch - 21st Jul 2022, 9:36pm

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(Reuters) - Domino's Pizza Inc missed market estimates for quarterly profit on Thursday as the fast-food chain struggled to cope with soaring prices of raw materials and a staffing crunch.

The world's largest pizza chain has had to spend more on ingredients from grains to oil since the Russian invasion of Ukraine, adding to the headaches of a company already grappling with rising freight and labor expenses.

While Domino's has tried to offset the cost spike with increases in delivery fees and m...

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