It's Thursday, February 25th. Welcome to Marketfoolery. I'm Chris Hill and backed by popular

demand. It's Bill Barker. Thanks for being here. It seems unlikely, but I'll let you have

that. If only so we can proceed. We've got a couple of retailers with earnings. We're

going to talk telemedicine, but we're going to start with pizza. Domino's and Papa John's

with fourth quarter reports and similar stories. Profits for both were lower than expected.

Same store sales for both were up double digits in the range of 10 to 15%.

And yet shares of both Domino's and Papa John's falling this morning. Domino's down to 8%

Papa John's down to 13%. Yeah, they like a lot of companies that have had

pretty good years or very good years during COVID. And these are two which fall into that

category. As they look forward, they don't see growth so much as a lot of work to sort of

hold on to what they've achieved this year so that the guidance for comp sales is relatively flat

or maybe not even that. So just to hold on to 10, 12, 13% comp growth, which is what they've

basically enjoyed over the year, it's not even assured they'll be able to sell as much

in the year ahead as they've sold in the year behind. And that's the kind of thing that

this market sees other growth opportunities out there and is therefore looking elsewhere today.

But Domino's for as great as Domino's has been as a stock over the past decade,

over the past year, it actually hasn't been. It was flat going into today and

you know, the 8% drop that we're seeing today is basically what we're seeing over the past year.

So it's that I guess that's the one that surprises me a little bit. You know, Papa John's for all

of the troubles it's had over the last, let's call it five years. 2020 was a good year for the

business and for the stock. So I can see them giving back some of those gains. I'm a little

surprised that Domino's is now down to 8%, 9% over the past year. And again, this has got

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