Dominos Pizza Inc Stock Price, News & Analysis

Domino's franchise locations in North and South Carolina are set to host a hiring day on May 26, aiming to recruit around 4,000 employees across 400 stores. Open roles include delivery drivers, customer service reps, and managers. Franchise owner Mack Patterson highlights the initiative to help job seekers re-enter the workforce while serving local communities. The company offers flexible schedules and competitive wages, particularly for managerial roles which come with benefits and bonuses. Interested candidates can apply in person or online.

Domino's Pizza (NYSE: DPZ) announced the immediate departure of CFO Stuart A. Levy, who will remain as an advisor until August 31, 2021. Ritch Allison, CEO, will oversee a newly formed Office of the CFO during the search for Levy's replacement. The press release highlighted the strength of Domino's finance team, robust retail sales growth, and franchisee profitability, with global retail sales exceeding $16.1 billion in 2020. Levy's exit was not related to financial reporting disagreements, ensuring stability during this transition.

Domino's Pizza (DPZ) reported strong Q1 2021 results, with global retail sales rising 16.7%, or 14.0% excluding currency impact. U.S. same-store sales grew 13.4%, and international same-store sales increased by 11.8%. The company opened 175 new stores, comprising 36 in the U.S. and 139 internationally. Diluted EPS was $3.00, down 2.3% from the prior year. A quarterly dividend of $0.94 per share was declared, payable on June 30, 2021. Net income decreased 3.2% to $117.8 million, primarily due to higher tax provisions.

Domino's Pizza is hiring around 4,000 team members across more than 400 stores in Florida to enhance its service quality. Positions available include delivery drivers, customer service representatives, and managers. Franchise owner Brian Jandrew emphasized the importance of expanding the workforce to meet customer demands and ensure safe service options like contactless delivery. Highlighting that over 95% of franchise owners started as part-time staff, Domino's aims to provide career opportunities for both part-time and full-time applicants.

Domino's Pizza (NYSE: DPZ), the largest pizza company globally by retail sales, has revived its iconic villain, the Noid, in new TV advertisements promoting the autonomous delivery technology of Nuro's R2 robot. This marketing strategy kicks off on April 26, 2021, with further brand promotion via the Noid's inclusion in the mobile game Crash Bandicoot: On the Run!, launching on May 7. In 2020, Domino's reported over $16.1 billion in global retail sales, emphasizing digital channels for over half its sales.

Domino's Pizza (NYSE: DPZ) has opened its first store in Ghana, located in Accra. This expansion reinforces Domino's position as the largest pizza company globally by retail sales. The new outlet, operated by franchisee Fire Foods Ghana Ltd., features a pizza theater design and aims to enhance customer experience. Domino's continues to expand its international presence, with operations now in over 90 markets, contributing significantly to global retail sales, which exceeded $16.1 billion in 2020.

Domino's (NYSE: DPZ) has partnered with Nuro to launch autonomous pizza delivery in Houston. Starting this week, selected customers placing prepaid online orders from a specific Domino's location can choose to receive their pizzas via Nuro's R2 robot. This is the first fully autonomous, occupantless delivery vehicle approved by the U.S. Department of Transportation. Customers will receive updates on R2's location and use a unique PIN to retrieve their orders. This collaboration aims to enhance the delivery experience while Domino's seeks to learn about customer interactions with autonomous delivery.

Domino's Pizza (NYSE: DPZ) announced a recapitalization transaction involving the refinancing of outstanding securitization debt. The transaction includes issuing $1.5 billion in new securitized notes to prepay approximately $873 million of existing senior secured notes. Additionally, the company plans to establish a new $200 million variable funding note facility. The closing is expected in Q2 2021, subject to market conditions. This move is anticipated to enhance financial flexibility and facilitate stock distributions and repurchases. However, risks associated with increased indebtedness remain.

Domino's Pizza (NYSE: DPZ) has announced a Q1 2021 Earnings Webcast scheduled for April 29, 2021, at 10 a.m. EDT. The event will be available via live webcast and subsequently archived on their website. In 2020, Domino's achieved global retail sales exceeding $16.1 billion, with approximately $8.3 billion from U.S. operations. The company operates over 17,600 stores in more than 90 markets globally, deriving more than 70% of sales through digital channels. This highlights Domino's commitment to technology innovation in the pizza market.