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Domino's Pizza Inc. (NYSE: DPZ) is the largest pizza company in the world, founded in 1960 and headquartered in Ann Arbor, Michigan. As an operator and franchiser, Domino's boasts a vast network of approximately 20,700 stores spanning over 90 international markets by early 2024.
Domino's core business includes the sale of pizza, wings, salads, sandwiches, and desserts through company-owned stores and franchise-operated locations. The company generates revenue from sales at these stores, royalty and marketing contributions from franchisees, and its supply chain operations, which include 25 domestic and five Canadian dough manufacturing and supply chain facilities. These facilities centralize purchasing, preparation, and last-mile delivery for Domino's restaurants in the US and Canada.
In 2023, Domino's achieved roughly $18.3 billion in system sales, solidifying its position as the top player in the global pizza market, ahead of competitors like Pizza Hut, Little Caesars, and Papa John's. Domino's technological innovations have been a hallmark of its strategy, with significant investments in digital ordering platforms. In the U.S., over 85% of retail sales in 2023 were made via digital channels, including platforms like Apple CarPlay, Amazon Alexa, and text-to-order services.
Recent achievements include the launch of Pinpoint Delivery in 2023, enabling customers to receive delivery almost anywhere, marking a new era in delivery services. The company is also known for its cutting-edge ordering apps for iPhone® and Android™ and continues to introduce delicious new menu items.
Domino's is greatly involved in community and charitable activities. In 2023, Domino's customers donated more than $16 million to St. Jude Children's Research Hospital®, supporting its mission to advance treatments and research for childhood cancer and other life-threatening diseases. Domino's also committed to funding The Domino's Village, a patient housing facility at St. Jude, showcasing its ongoing support and dedication to social causes.
One of Domino's remarkable initiatives is the
Domino's Pizza (NYSE:DPZ) has announced the promotions of Kate Trumbull, Christopher Thomas-Moore, and Juan Joachin to senior vice president roles. Trumbull will lead brand and product innovation, Thomas-Moore will oversee customer and store experience, and Joachin will manage finance operations. These promotions aim to enhance growth and innovation within the company. Domino's continues to dominate the pizza industry, having reported global retail sales exceeding $16.1 billion in 2020.
On November 16, 2021, Domino's (NYSE:DPZ) announced a charitable initiative where participating franchisees purchased over $100,000 in gift cards from local restaurants affected by high delivery app fees. This campaign, which benefited approximately 2,600 customers in cities like Boston and Denver, aims to support small businesses by encouraging customers to order directly from local restaurants. Domino's emphasized its commitment to community support, enhancing brand image while addressing the challenges faced by smaller eateries.
Domino's Pizza has launched the 2021 St. Jude Thanks and Giving campaign, enabling customers to donate during their orders until Jan. 2, 2022. Previously, the company committed to raising $100 million over ten years for St. Jude Children's Research Hospital, which will name a housing facility 'The Domino's Village'. In 2020, Domino's raised over $13 million through this campaign. With a significant presence in over 90 markets and global sales of $16.1 billion in 2020, Domino's emphasizes community support as vital to their brand.
Domino's Pizza (NYSE: DPZ) reported third-quarter results, showcasing a 10.0% increase in global retail sales, with U.S. same-store sales down 1.9%. Internationally, same-store sales surged by 8.8%, marking the 111th consecutive quarter of growth. The company opened 323 new stores globally. Diluted EPS rose to $3.24, up 30.1% year-over-year. A $0.94 quarterly dividend was declared, payable on December 30, 2021. While international performance was strong, the U.S. market showed signs of slowing growth amidst fierce competition.
Domino's has launched a new side item called Oven-Baked Dips, available in three flavors: Cheesy Marinara, Five Cheese, and Baked Apple. These dips are designed to complement the company's popular Bread Twists and are offered as part of a $7.99 combo during a weeklong carryout special. With global retail sales exceeding $16.1 billion in 2020, Domino's continues to focus on innovation and technology to enhance customer experience, including digital ordering platforms and autonomous delivery partnerships.
Domino's Pizza (NYSE: DPZ) is partnering with the National Fire Protection Association (NFPA) to promote fire safety during Fire Prevention Week (Oct. 3-9). The campaign emphasizes understanding smoke alarms, with flyers on pizza boxes featuring safety tips. Customers may receive deliveries by fire engines, with free pizza if smoke alarms are functional; firefighters will assist with battery replacements if needed. This initiative marks the 14th consecutive year of Domino's engagement in fire safety awareness activities.
Domino's Pizza Inc. (NYSE: DPZ) has scheduled a Q3 2021 earnings webcast for October 14 at 10 a.m. EDT. The event will be accessible via their website and subsequently archived for replay. In 2020, Domino's achieved global retail sales exceeding $16.1 billion, with $4.1 billion in Q2 2021 alone. The company continues to innovate, with significant sales coming from digital channels, accounting for more than 70% of U.S. sales in 2020. For more details, visit biz.dominos.com.
Domino's Pizza has opened its first store in Lithuania, located in Vilnius, expanding its global footprint. This new outlet, operated by master franchisee Morgacita Limited, offers dine-in, carry-out, and delivery options. A second location is set to open soon, with plans for more than 400 jobs over the next three years. In 2020, Domino's reported global retail sales of over $16.1 billion, with significant growth driven by international markets and digital channels.
Domino's Pizza (NYSE: DPZ) is launching a promotional campaign titled 'Surprise Frees' where randomly selected customers will receive free menu items through November 21, 2021. The promotion, which aims to counteract unexpected fees from food delivery apps, will give away over 5 million items, valued at up to $50 million. Domino's emphasizes a straightforward delivery fee without hidden charges, enhancing customer satisfaction. Customers will be notified via order confirmation and can share their experiences using the hashtag #FreesNotFees on social media.
Domino's Pizza, Inc. (NYSE: DPZ) reported strong second-quarter 2021 results with global retail sales up 21.6%, driven by U.S. same store sales growth of 3.5% and international same store sales growth of 13.9%. The company achieved net store growth of 238 stores, marking 110 consecutive quarters of international same store sales growth. Diluted EPS rose 2.3% to $3.06. Additionally, a $1.0 billion share repurchase program was authorized and a quarterly dividend of $0.94 per share was declared.
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