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This Week in the Stock Market: 3 Things to Keep an Eye On
Following several weeks of market turmoil, equities soared last week. The Dow Jones Industrial Average (DJINDICES: DJI) and the S&P 500 (SNPINDEX: GSPC) both gained more than 2% in 2021, putting them at 14 percent and 17 percent gains, respectively.
In the coming days, earnings season will heat up, and we’ll take a look at a few key announcements from Domino’s (NYSE: DPZ), Delta Air Lines (NYSE: DAL), and Bank of America (NYSE: BAC).
The profit margin of Domino’s Pizza
Investors have a lot of questions about Domino’s third-quarter report, which will be released on Thursday. The most recent announcement from the pizza delivery leader was mainly positive. Sure, after the pandemic rise a year ago, growth decreased. Despite increasing profit margins, the fast-food behemoth maintained positive market share momentum.
As Domino’s contends with rising prices, profitability will be an important measure to watch. In a tight labor market, Wall Street is also searching for evidence that the company is struggling to keep fully staffed.
Finally, expect CEO Ritch Allison and his team to forecast a bright future with big expansion opportunities such as new store openings and a push into the lucrative drive-through sector.