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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 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.
Domino's Pizza (NYSE: DPZ) reported a 2.9% decline in U.S. same store sales and 2.2% decline internationally for Q2 2022, amidst a backdrop of 1.5% global retail sales growth, excluding foreign currency impact. Diluted EPS fell 7.8% to $2.82, with net income down 12.1% to $102.5 million. The company's net store growth totaled 233 in the quarter. Despite challenges from labor shortages and inflation, the management remains confident in overcoming obstacles, citing the strength of franchisees and strategic initiatives.
Domino's Pizza (NYSE: DPZ) will hold its second quarter 2022 earnings webcast on July 21 at 10 a.m. EDT, available at ir.dominos.com. The company, founded in 1960, is a global leader in pizza delivery and takeout, with over 19,000 stores in more than 90 markets. In 2021, Domino's reported global retail sales of nearly $17.8 billion, with significant contributions from digital channels. The webcast will also be archived on their website for replay.
Domino's Pizza (NYSE:DPZ) is promoting its new mind ordering app with a special offer for 'Stranger Things' fans ahead of the show's season four, volume two premiere on July 1. Customers who engage with the app can receive a 20% discount coupon for their next online menu-price order. This innovative app allows users to immerse themselves in the 'Stranger Things' experience, with options to explore Hawkins National Lab and utilize telekinetic powers. Domino's leverages technology for over half of its global sales, emphasizing its commitment to creative marketing strategies.
Domino's Pizza (NYSE: DPZ) has announced a limited-time offer of 50% off menu-priced pizzas ordered online from June 6-12, 2022. This promotion is aimed at customers looking for affordable dining options during summer gatherings. Domino's has highlighted the deal's potential popularity, given current economic pressures on consumers. Orders can be placed through their website and various apps, allowing customers to explore specialty pizzas. The company reported global retail sales of $4.0 billion in Q1 2022.
Domino's Pizza (NYSE:DPZ) is launching a groundbreaking mind ordering app in collaboration with Netflix, timed to the premiere of 'Stranger Things' season four. This innovative app leverages facial recognition and eye-tracking technology, allowing users to place orders using facial expressions and head movements while exploring Hawkins National Lab. The app enhances customer engagement and showcases Domino's commitment to technology. The new experience will be available on the App Store and Google Play, with themed 1980s pizza boxes available for a limited time.
Domino's Pizza Inc. (NYSE: DPZ) recognized Zagros Jaff as the 2022 World's Fastest Pizza Maker at a competition held on May 10 at The Venetian Resort, Las Vegas, attracting nearly 8,000 spectators. Jaff completed the task of making three large pizzas in just 70 seconds, earning $3,000 in prize money and the prestigious title. The event emphasizes Domino's commitment to efficiency and quality, vital to their operations. The global pizza giant, with over 19,000 stores, reported significant growth, generating nearly $4.0 billion in global retail sales in Q1 2022.
Domino's Pizza, Inc. (DPZ) reported a 3.6% increase in global retail sales for Q1 2022, excluding foreign currency impact, while U.S. same-store sales declined 3.6%. International same-store sales grew 1.2%, marking 113 consecutive quarters of growth. Global net store growth totaled 213 locations. However, diluted EPS fell 16.7% to $2.50, with net income decreasing 22.8% to $91 million. The company faces ongoing challenges including inflation and staffing shortages, which are expected to persist into 2022.
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