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) 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.
Domino's Pizza (NYSE: DPZ) will hold its First Quarter 2022 Earnings Webcast on April 28 at 10 a.m. EDT. Interested parties can access the event live via ir.dominos.com. In 2021, Domino's achieved global retail sales of nearly $17.8 billion, with more than $8.6 billion in the U.S. and $9.1 billion internationally. The company operates over 18,800 stores across more than 90 markets, underscoring its strong market presence.
Domino's Pizza (NYSE: DPZ) has announced a five-year, $1.5 million commitment to the National FFA Organization, beginning in 2022. This funding aims to support agriculture experience grants, scholarships, and educational resources focused on sustainable practices. The initiative aligns with Domino's commitment to achieving Net Zero emissions by 2050 and enhancing the resilience of farmers. Domino's has a history of supporting FFA, having previously invested $1 million from 2017 to 2021. The partnership aims to address key sustainability topics such as climate change and water conservation.
On March 4, 2022, Domino's Pizza announced the promotions of Joe Jordan to President, U.S. & Global Services, and Art D'Elia to Executive Vice President – International, effective May 1, 2022. Jordan, with 15 years in the company, has previously served as EVP – International and Chief Marketing Officer. D'Elia has been with Domino's since 2018 and oversaw marketing internationally. Their leadership is expected to enhance Domino's operations, which reported global retail sales of nearly $17.8 billion in 2021.
Domino's Pizza, Inc. (DPZ) reported fourth quarter and fiscal 2021 results, highlighting a 9.0% increase in global retail sales for Q4 and an 11.7% increase for the full year, excluding currency impacts. U.S. same store sales rose 1.0%, while international stores saw a 1.8% increase. The company achieved a net income of $155.7 million for Q4, with diluted EPS of $4.25, marking a 10.4% year-over-year increase. Domino's also announced a quarterly dividend of $1.10 per share, payable March 30, 2022. In total, the company opened 1,204 new stores globally in 2021.
Domino's Pizza (NYSE: DPZ) announced leadership changes as Ritch Allison plans to retire as CEO on April 30, 2022. Russell Weiner, currently COO, will succeed him on May 1, 2022. Under Weiner, Domino's U.S. retail sales rose from $3 billion to over $8 billion since 2008, with a significant digital sales increase. The board also appointed Sandeep Reddy as the new CFO, effective April 1, 2022. Allison will remain on the board until April 26, 2022, contributing in an advisory role until his retirement on July 15, 2022.
Ulta Beauty, Inc. (NASDAQ: ULTA) announced the appointment of
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?
