At Extreme Investor Network, we pride ourselves on providing unique insights and valuable information for our readers. Today, we want to discuss the recent interview with Domino’s Pizza CEO Russell Weiner on CNBC’s Jim Cramer show.
During the interview, Weiner addressed the weakened guidance that Domino’s gave last week for the global side of its business. Despite reporting an earnings beat, the company may fall short of its target for international store growth due to challenges faced by its largest international franchisee, Domino’s Pizza Enterprises (DPE).
However, Weiner emphasized that Domino’s is a global brand with operations in over 90 markets, and while there may be some ups and downs, having a diverse market presence helps to balance things out. He mentioned that the company is closely partnering with DPE to navigate through these challenges and highlighted the success of other international franchisees, particularly in China and India.
Weiner also discussed the strong performance of Domino’s in the U.S., pointing out that the demand for their products is at an all-time high. He mentioned the launch of the “New York Style” pizza as a response to customer preferences for a thinner crust, which has attracted new customers to the brand.
At Extreme Investor Network, we understand the importance of staying informed about the latest developments in the business world. Keep an eye on our website for more unique insights and analysis from industry experts like Russell Weiner. Stay ahead of the curve with Extreme Investor Network.