Domino’s reported weaker-than-expected sales, sending its stock down about 10%. CEO Russell Weiner says the slowdown isn’t unique to Domino’s and expects other fast-food chains to face similar pressure. He points to bad weather and softer consumer sentiment tied to heightened tensions related to the Iran war, suggesting the industry headwinds could persist.
A West Asia ceasefire is expected to revive India’s luxury car market as executives at Mercedes-Benz, BMW Group, and Audi say customers who postponed purchases plan to return to showrooms. Companies have also pre-stocked parts to protect supply chains. With sentiment set to improve, sales are likely to strengthen in the coming months.
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