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By Ananya Mariam Rajesh
(Reuters) -Domino's Pizza Inc on Thursday warned of a slowdown in its delivery business as consumers opt to cook at home instead of ordering in, sending shares of the company down 6% and taking the shine off the better-than-expected first-quarter results.
Consumers whose disposable income has already been stretched by elevated levels of inflation have become increasingly cautious about spending their dollars on pricier food items and higher delivery fees.
Restaurant ch...
>>> Read more: Domino's Pizza warns of challenging delivery business, shares fall
(Reuters) -Domino's Pizza Inc on Thursday warned of a slowdown in its delivery business as consumers opt to cook at home instead of ordering in, sending shares of the company down 6% and taking the shine off the better-than-expected first-quarter results.
Consumers whose disposable income has already been stretched by elevated levels of inflation have become increasingly cautious about spending their dollars on pricier food items and higher delivery fees.
Restaurant ch...
>>> Read more: Domino's Pizza warns of challenging delivery business, shares fall
