Dominos Pizza Inc Stock Price, News & Analysis

Domino's Pizza has opened its first store in Lithuania, located in Vilnius, expanding its global footprint. This new outlet, operated by master franchisee Morgacita Limited, offers dine-in, carry-out, and delivery options. A second location is set to open soon, with plans for more than 400 jobs over the next three years. In 2020, Domino's reported global retail sales of over $16.1 billion, with significant growth driven by international markets and digital channels.

Domino's Pizza (NYSE: DPZ) is launching a promotional campaign titled 'Surprise Frees' where randomly selected customers will receive free menu items through November 21, 2021. The promotion, which aims to counteract unexpected fees from food delivery apps, will give away over 5 million items, valued at up to $50 million. Domino's emphasizes a straightforward delivery fee without hidden charges, enhancing customer satisfaction. Customers will be notified via order confirmation and can share their experiences using the hashtag #FreesNotFees on social media.

Domino's Pizza, Inc. (NYSE: DPZ) reported strong second-quarter 2021 results with global retail sales up 21.6%, driven by U.S. same store sales growth of 3.5% and international same store sales growth of 13.9%. The company achieved net store growth of 238 stores, marking 110 consecutive quarters of international same store sales growth. Diluted EPS rose 2.3% to $3.06. Additionally, a $1.0 billion share repurchase program was authorized and a quarterly dividend of $0.94 per share was declared.

Domino's Pizza Inc. (NYSE: DPZ) will host a Q2 2021 Earnings Webcast on July 22, 2021, at 10 a.m. EDT. Live streaming will be available on their official website. As a leader in the pizza industry with over 17,800 stores globally, Domino's reported global retail sales of over $16.1 billion in 2020. In Q1 2021, sales exceeded $4 billion, showcasing robust growth driven by digital channels that contributed more than 70% of U.S. sales. The event will later be available for replay on the Domino's website.

Domino's Pizza (NYSE: DPZ) has introduced a new Carside Delivery 2-Minute Guarantee. Customers who order online can check in upon arrival, and a team member will bring their order to their car in less than two minutes or receive their next pizza for free. Additionally, in partnership with DraftKings (Nasdaq: DKNG), they launched the Over/Under Challenge, allowing customers to predict the delivery speed for a chance to win a share of $200,000. The challenge runs until July 12, 2021.

Domino's Pizza (NYSE: DPZ) has issued a statement urging consumers not to purchase non-fungible tokens (NFTs) linked to the Noid, its infamous antagonist. These unique digital assets, part of a 14-day auction, represent the Noid's latest inventions intended to fund future schemes. Domino's emphasizes the risk of supporting the Noid's potential mischief, as the proceeds could finance new gadgets or other antics. With global retail sales exceeding $16.1 billion in 2020, Domino's continues to innovate in the pizza delivery market.

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.