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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), 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.
Domino's Pizza (NYSE: DPZ) is offering a 50% discount on all menu-priced pizzas ordered online from November 14 to November 20, 2022, to show customer appreciation during U.S. National Gratitude Month. Customers can enjoy this deal through Domino's website, mobile apps, and various ordering platforms. With over 19,500 stores globally and significant sales from digital channels, Domino's aims to provide convenient meal solutions as the holiday season approaches.
Domino's Pizza (NYSE: DPZ) launches its 18th annual Thanks and Giving campaign, encouraging customers to donate to St. Jude Children's Research Hospital while ordering from October 24, 2022, to January 8, 2023. Customers can easily add donations to their orders, helping raise funds for St. Jude’s mission to cure and save children. Over the years, Domino's has raised more than $96 million for St. Jude. The campaign will contribute toward building The Domino's Village, a new housing facility for families of patients, with a historic pledge of $100 million.
Domino's Pizza reported a 4.7% growth in global retail sales for Q3 2022, though total retail sales actually declined 1.6% when factoring in foreign currency impact. U.S. same-store sales rose 2.0%, contrasting with a 1.8% decline internationally. The company achieved net store growth of 225 locations, yet diluted EPS fell 13.9% to $2.79. A quarterly dividend of $1.10 per share was declared. Significant challenges included a 16.5% reduction in net income, attributed to higher taxes and lower operational income.
Domino's Pizza Inc. (NYSE: DPZ) will host its Third Quarter 2022 Earnings Webcast on October 13 at 10 a.m. EDT. Interested parties can access the live event on ir.dominos.com. The company continues to show strong digital sales performance, with over $4.0 billion in global retail sales in Q2 2022 and a continued emphasis on technology and digital channels for growth.
Domino's announces a nationwide promotion offering 20% off all menu-priced items ordered online. This limited-time deal aims to provide relief to customers amid rising prices due to inflation. Available for both carryout and delivery, the offer includes all items on the menu, such as pizza and desserts. Domino's emphasizes its commitment to technology, with over 75% of U.S. sales in 2021 coming from digital channels. The company had global retail sales of nearly $17.8 billion in 2021, showcasing its significant presence in the market.
Domino's Pizza (NYSE: DPZ) is offering a limited-time promotion of 50% off all menu-priced pizzas ordered online from August 15 to August 21, 2022. This initiative aims to assist customers facing rising prices while still enjoying quality meals. Customers can order any size and type of pizza through Domino's website, mobile apps, and various platforms like Google Home and Alexa. Domino's, with a global retail sales figure nearing $17.8 billion in 2021, emphasizes value and innovation, particularly in digital ordering channels.
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