Dominos Pizza Inc Stock Price, News & Analysis

Domino's Pizza announced the appointment of Stu Levy as Chief Financial Officer, succeeding Jeffrey Lawrence, effective August 20, 2020. Levy, previously Executive Vice President of Supply Chain Services, has driven operational efficiencies and improved supplier relations amid the Covid-19 challenges. Cindy Headen has been promoted to Executive Vice President of Supply Chain Services, also effective August 20, 2020. Headen is recognized for securing cost savings and stabilizing supplier pricing, contributing to the company's overall financial health.

Domino's Pizza (NYSE: DPZ) has expanded its global footprint by launching its first store in Croatia, specifically in Zagreb. This new store, operated by master franchisee All About Pizza D.O.O., offers made-to-order pizza for in-store dining and delivery. With over 17,100 locations worldwide and a reported global retail sales exceeding $14.3 billion in 2019, Domino's continues to leverage franchise partnerships for growth, anticipating further expansion in Croatia with additional locations planned for the upcoming year.

Domino's Pizza (NYSE: DPZ), the world's largest pizza company by retail sales, has promoted Art D'Elia to executive vice president and chief marketing officer, effective immediately. D'Elia previously served as senior vice president, chief brand and innovation officer since 2018, focusing on U.S. product development and marketing. His new role includes overseeing global marketing efforts and fostering relationships with franchisees. Domino's reported over $14.3 billion in global retail sales for 2019 and continues to leverage technology for growth, with a strong emphasis on digital sales channels and innovation.

Domino's Pizza (NYSE: DPZ) has launched the Homemade Film Festival, inviting customers to submit home movies celebrating their love for the brand. The contest runs until August 21, 2020, with a chance to win free pizza for a year, valued at $1,560 in eGift cards. The second and third prizes are $500 and $200 eGift cards, respectively. Voting on submissions occurs between September 7-11, and winners will be announced on September 18. This initiative aims to engage customers during extended home stays amid the pandemic.

On July 16, 2020, Domino's Pizza (NYSE: DPZ) announced the retirement of Jeffrey D. Lawrence, Executive Vice President & CFO, after over 20 years with the company. Lawrence will continue in his role until a successor is identified and will serve as an advisor until the end of 2020. During his tenure, he significantly contributed to Domino's growth, including its IPO and digital transformation. The company reported global retail sales exceeding $14.3 billion in 2019, with a focus on innovative ordering technology and expanding delivery options.

Domino's Pizza, Inc. (NYSE: DPZ) reported a 5.7% increase in global retail sales for Q2 2020, with U.S. same-store sales up 16.1%. Net income rose 28.5% to $118.7 million, leading to a diluted EPS of $2.99, a 36.5% year-over-year increase. The company opened 84 net new stores during the quarter, maintaining a strong U.S. presence despite temporary international closures due to COVID-19. A $0.78 quarterly dividend was declared, payable on September 30, 2020. As of June 14, 2020, Domino's held $248 million in cash and had $4.17 billion in debt, indicating a solid financial position amid challenges.

Domino's Pizza (NYSE: DPZ) will host its Q2 2020 earnings webcast on July 16 at 10 a.m. EST. The event will provide insights into the company's performance, with a focus on growth innovations that have bolstered sales through digital channels. In 2019, Domino's achieved global retail sales of over $14.3 billion and significantly increased its digital sales, which comprise over 65% of its U.S. revenue. The webcast will be available for replay on their website.

Domino's Pizza (NYSE: DPZ) has launched a new contactless carryout option called Carside Delivery, available nationwide in the U.S. Customers can place prepaid online orders and receive their pizza directly to their vehicles. This service, operational from 4-9 p.m., allows customers to choose their delivery method, enhancing convenience while maintaining safety. In 2019, Domino's reported global retail sales of over $14.3 billion. The innovative approach aims to cater to consumer preferences amid changing dining habits.

Domino's Pizza (NYSE: DPZ) has launched the Rain Check Registry to support couples whose weddings have been postponed due to the pandemic. This innovative registry allows friends and family to send eGift cards to couples, helping them cope with wedding planning challenges. The registry features themed packages like Virtual Bachelorette Party and Small Wedding Now, Big Celebration Later. Domino's aims to bring joy to couples while highlighting the brand's long-standing connection to weddings. The company reported $3.4 billion in global retail sales in Q1 2020.