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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, based in Ann Arbor, Mich., has scheduled its First Quarter 2023 Earnings Webcast for April 27, 2023, at 10 a.m. EDT. The event will be accessible through their investor relations website, ir.dominos.com. The company, known for its extensive global footprint with over 19,800 stores in more than 90 markets, achieved global retail sales exceeding $17.5 billion in 2022. A significant portion of their sales, around 80% in the U.S., is driven through digital channels. The webcast will be recorded and available for later viewing.
Domino's Pizza (NYSE: DPZ) is launching a promotional deal this week, offering 50% off all menu-priced pizzas ordered online from March 20 to March 26. The promotion is aimed at leveraging the excitement surrounding college basketball, encouraging both delivery and carryout customers to enjoy pizza at a discounted price. Domino's is a leader in the global pizza market, boasting over 19,800 stores in more than 90 countries, with significant sales growth driven by digital ordering channels accounting for approximately two-thirds of its retail sales in 2022.
Domino's Pizza, Inc. (DPZ) reported a 5.2% growth in global retail sales for Q4 2022, excluding currency effects, and 3.9% for fiscal 2022. However, U.S. same-store sales increased by 0.9% in Q4 but declined 0.8% for the year. International sales showed modest growth with 2.6% in Q4. The company opened 361 new stores in Q4, total net growth for 2022 was 1,032 stores. Diluted EPS rose by 4.2% to $4.43 in Q4 but dropped 7.5% to $12.53 for the year. The company announced a 10% increase in its quarterly dividend payable in March 2023.
Domino's Pizza (NYSE:DPZ) announced that its customers raised over $13 million for St. Jude Children's Research Hospital in 2022, supporting the construction of The Domino's Village, a new patient housing facility. The fundraising comprised over $9 million from the 2022 Thanks and Giving campaign and an additional $4 million via customers rounding up their orders online. This effort contributes to a total of $110 million raised by Domino's since the partnership began, with a pledge of $60 million remaining to fulfill its commitment. The Village will provide accommodation for up to 140 families receiving treatment at St. Jude.
Domino's Pizza has launched a new menu item, Loaded Tots, featuring crispy potato tots topped with various ingredients. Available in three varieties: Philly Cheese Steak, Cheddar Bacon, and Melty 3-Cheese, they are marketed as perfect for gatherings, especially for the upcoming football game.
The new Loaded Tots are part of Domino's Mix & Match Deal, priced at $6.99 when customers order two or more items. This release comes as Domino's anticipates increased sales, with a forecast of selling around 2 million pizzas on Super Bowl Sunday. The company reported global retail sales of nearly $17.8 billion in 2021.
ShiftKey, a Dallas-based technology company focused on healthcare staffing, has expanded its leadership team by hiring four executives: Jeffrey Lawrence (CFO), Ryan Bonifacino (CMO), Thomas Fredell (CPO), and Brian Scott (CSO). Founded in 2016, ShiftKey connects licensed professionals with healthcare communities to address staffing shortages. Jeffrey Lawrence has extensive experience, including a successful IPO at FIGS and key roles at Domino's Pizza. Ryan Bonifacino was previously at FIGS, while Thomas Fredell and Brian Scott bring expertise in product development and healthcare solutions, respectively. This leadership expansion follows a recent round of capital funding.
Domino's Pizza (NYSE: DPZ) has scheduled its Fourth Quarter/Year-End 2022 Earnings Webcast for February 23 at 10 a.m. EST. The event will be accessible through the company's investor relations website.
Domino's is the largest pizza company globally, boasting over 19,500 stores in more than 90 markets. In 2021, it reported global retail sales nearing $17.8 billion, with significant contributions from digital sales channels.
Domino's Pizza (NYSE: DPZ), the world’s largest pizza chain, has expanded its operations into two new countries: Uruguay and Latvia. The first store in Latvia opened in Riga, while the Uruguayan location is situated in Montevideo. The new stores aim to leverage Domino's renowned customer service and technology for delivery and carryout. Domino's operates over 19,500 stores globally, reporting nearly $17.8 billion in retail sales in 2021, with significant contributions coming from international markets.
Domino's Pizza (NYSE:DPZ) is reintroducing its carryout tips program, offering customers a $3 tip for their next online order. This initiative, running until March 26, 2023, aims to thank carryout customers for their loyalty, as Domino's is the top carryout pizza provider in the U.S., holding a 19% market share. The company previously awarded over 17 million tips during an earlier campaign. Customers can combine the tip with other offers for additional savings, reinforcing Domino's commitment to enhancing customer experience and loyalty.
Domino's Pizza (NYSE: DPZ) has released its 2022 corporate stewardship report, outlining its commitment to sustainability and inclusivity. Key highlights include new 2030 inclusivity goals, updates on its carbon footprint reduction efforts validated by the SBTi, and a consumer pizza box recycling campaign. Domino's emphasizes the synergy between environmental responsibility and business success. As of Q3 2022, the company reported global retail sales exceeding $4.0 billion.
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