Domino’s Pizza (NYSE: DPZ) reported fourth-quarter 2020 financial results before the regular market hours on Thursday. The fast-food chain reported fourth-quarter revenue of $1.36 billion, up 18% year-over-year, but below the Wall Street projection. Net income of $3.46 per share also missed the target that analysts had anticipated.
DPZ shares fell 5% immediately following the announcement. The stock has traded mostly sidewise the trailing 12 months.
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In times of high inflation and economic uncertainty, consumers tend to turn to discount retailers in search of more value. The two leading discount retailers Dollar Tree Inc. (NASDAQ: DLTR)
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