Welcome to our dedicated page for Domino's Pizza news (Ticker: DPZ), a resource for investors and traders seeking the latest updates and insights on Domino's Pizza stock.
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) announced a special bonus totaling over $9.6 million for more than 11,500 hourly team members and drivers this December, with eligible employees earning up to $1,200. This follows an earlier bonus and initiatives to support frontline workers during the COVID-19 pandemic. The company also aims to hire an additional 30,000 employees to meet rising demand. In 2019, Domino's reported global retail sales exceeding $14.3 billion. The announcement underscores Domino's commitment to its employees and community support during challenging times.
Domino's Pizza is offering customers a special promotion: those who order online from now until April 11, 2021, will receive 30 days of free access to EPIX NOW, a premium streaming service featuring over 2,000 movies and 300 hours of original content. The initiative aims to enhance family entertainment options at home during winter months. Customers can access the service without a credit card and will be charged only after the free period ends. Domino's reported over $3.7 billion in global retail sales for Q3 2020.
Domino's Pizza (NYSE: DPZ), the world’s largest pizza company, has appointed WorkInProgress as its new agency of record, starting January 2021. WorkInProgress will focus on brand strategy, creative execution, and digital design. This partnership follows a successful 13-year run with Crispin Porter Bogusky, which enhanced Domino's sales and e-commerce capabilities. In 2019, Domino's reported over $14.3 billion in global retail sales, with significant growth driven by digital channels, accounting for over 65% of U.S. sales.
Domino's Pizza (NYSE: DPZ) launches its 17th annual St. Jude Thanks and Giving fundraising campaign, running from Oct. 19, 2020, to Jan. 3, 2021, to support St. Jude Children's Research Hospital. Customers can donate during orders via phone, in stores, or online, including rounding up their totals. The company aims to raise $100 million over ten years, with St. Jude naming its new housing facility The Domino's Village. Domino's, the world's largest pizza company, reported $3.7 billion in global retail sales in Q3 2020.
Domino's Pizza, Inc. (NYSE: DPZ) reported a strong third quarter for 2020, with global retail sales up 14.4% and U.S. same store sales increasing by 17.5% year-over-year. This growth continued despite the challenges posed by the COVID-19 pandemic. The company's diluted EPS rose to $2.49, a 21.5% increase from the previous year. Domino's opened 209 gross new stores globally, though it closed 126 in India. The company declared a quarterly dividend of $0.78 per share, reinforcing its commitment to shareholder returns.
Domino's Pizza (NYSE: DPZ) will host a Virtual Investor Q&A session on November 12, 2020, from 11 a.m. to 12:30 p.m. EST. Key executives, including Ritch Allison and Russell Weiner, will participate in the event. Interested parties can listen live via the Domino's website. The company reported over $14.3 billion in global retail sales in 2019, with a significant portion coming from digital channels. This highlights Domino's focus on technology and innovation in driving sales. The event will also be available for replay on the company’s site.
Domino's Pizza has promoted Kelly Garcia to Executive Vice President - Chief Technology Officer, effective October 2, 2020, succeeding Kevin Vasconi, who is retiring. Garcia, a key player in Domino's digital innovations since 2012, will join the senior leadership team. Under her guidance, Domino's has enhanced online ordering and launched the AnyWare suite of platforms, along with new technologies like GPS delivery tracking. Domino's, as the largest pizza company globally, generated over $14.3 billion in retail sales in 2019, with more than $3.4 billion in the second quarter of 2020.
Domino's Pizza (NYSE: DPZ) commits $100 million over the next decade to support St. Jude Children's Research Hospital, marking the largest pledge in the hospital's history. This announcement coincides with the naming of a new housing facility, The Domino's Village, set to open in spring 2023, featuring 140 fully-furnished apartments for patient families. Since 2004, Domino's has raised over $68 million for St. Jude through various campaigns. This initiative reinforces Domino's collaboration with St. Jude while enhancing corporate social responsibility efforts.
Domino's Pizza (NYSE: DPZ) has launched two new specialty pizzas designed specifically for delivery: the chicken taco pizza and the cheeseburger pizza. Priced at $11.99 each, these pizzas aim to enhance delivery options. The announcement, made on August 24, 2020, includes an engaging marketing campaign featuring real customers who experienced delivery issues with traditional tacos and burgers. Domino's emphasizes its commitment to innovation and customer satisfaction, continuing to lead the pizza industry with a strong focus on delivery and digital sales.
FAQ
What is the current stock price of Domino's Pizza (DPZ)?
What is the market cap of Domino's Pizza (DPZ)?
What is Domino's Pizza Inc.?
How does Domino's generate revenue?
What recent technological innovations has Domino's introduced?
How much did Domino's customers donate to St. Jude Children's Research Hospital in 2023?
What are Domino's financial highlights for recent years?
How many stores does Domino's have globally?
What community initiative is Domino's known for during winter?
What is the 'Hungry for MORE' strategy?
What is The Domino's Village?
What percentage of Domino's U.S. retail sales were made via digital channels in 2023?
