Domino's Pizza and Retail Food Group Warn Investors That Profits for the 2023 Financial Year Are Going to Be Lower Than Expected

This week, we saw Domino's pizza and fellow fast food group warning investors that profits for the 2023 financial year are going to be lower than expected. Then we saw one of the most loved companies on the market do the same - blood products giant CSL. Inflation is biting interest rates are biting the economy in the US. And so CSL's margins are down. These these disruptions in one way or another are still flowing through. That combination of inflation higher rates, low unemployment is creating these problems for these businesses.