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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) 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
Domino's Pizza (NYSE: DPZ) has announced a significant achievement, raising $13.6 million in 2021 to support St. Jude Children's Research Hospital. This included $9.3 million raised during the St. Jude Thanks and Giving campaign from Oct. 18, 2021 to Jan. 2, 2022, and an additional $4 million from customer donations. Domino's is committed to raising a total of $100 million for a new patient housing facility, the Domino's Village, expected to open in spring 2023.
Domino's Pizza Inc. (NYSE: DPZ) introduces a new promotion, tipping carryout customers $3 for their next online order. This initiative acknowledges customers who pick up their own pizzas, effective until May 22, 2022. The tip can be redeemed with a minimum purchase of $5. This promotion coincides with a busy pizza-selling period, notably around the Super Bowl, where Domino's typically sells about 2 million pizzas. The company emphasizes its digital sales success, highlighting over 70% of U.S. sales from digital channels in 2020.
Domino's Pizza Inc. (NYSE: DPZ) has announced its Fourth Quarter and Year-End 2021 Earnings Webcast, scheduled for Tuesday, March 1 at 10 a.m. EST. The webcast will be accessible through their investor relations website at ir.dominos.com. Domino's, the largest pizza chain globally with over 18,300 stores and $16.1 billion in global retail sales for 2020, emphasizes technology innovation, with over 70% of U.S. sales driven by digital channels in 2020. The event will be archived for later viewing.
Domino's Pizza (NYSE: DPZ) is set to present at the 2022 ICR Conference on January 11, 2022, at 11 a.m. EST. The live webcast can be accessed through ir.dominos.com. As the world's largest pizza company, Domino's reported over $16.1 billion in global retail sales for 2020. In Q3 2021, it achieved nearly $4.1 billion in retail sales, with $2.0 billion U.S. sales and $2.1 billion internationally, reflecting its strong digital sales platform.
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