Welcome to our dedicated page for Dominos Pizza news (Ticker: DPZ), a resource for investors and traders seeking the latest updates and insights on Dominos Pizza stock.
Domino's Pizza Inc. reports developments across its global pizza restaurant system, a mostly franchised network with delivery, carryout, and digital ordering operations in more than 90 markets. The company also operates supply chain activities that provide food products, including dough, to stores in the U.S. and Canada, alongside company-owned stores and international franchise royalty streams.
Recurring news includes quarterly and fiscal results, U.S. and international same-store sales, global retail sales, net store growth, franchise performance, dividends and share repurchases. Company updates also cover menu promotions, online ordering campaigns, Domino's Tracker technology, customer-experience initiatives, and brand stewardship programs such as charitable fundraising partnerships.
Domino's Pizza, Inc. (NYSE: DPZ) reported a strong third quarter for 2020, with global retail sales up 14.4% and U.S. same store sales increasing by 17.5% year-over-year. This growth continued despite the challenges posed by the COVID-19 pandemic. The company's diluted EPS rose to $2.49, a 21.5% increase from the previous year. Domino's opened 209 gross new stores globally, though it closed 126 in India. The company declared a quarterly dividend of $0.78 per share, reinforcing its commitment to shareholder returns.
Summary not available.
Domino's Pizza (NYSE: DPZ) will host a Virtual Investor Q&A session on November 12, 2020, from 11 a.m. to 12:30 p.m. EST. Key executives, including Ritch Allison and Russell Weiner, will participate in the event. Interested parties can listen live via the Domino's website. The company reported over $14.3 billion in global retail sales in 2019, with a significant portion coming from digital channels. This highlights Domino's focus on technology and innovation in driving sales. The event will also be available for replay on the company’s site.
Domino's Pizza has promoted Kelly Garcia to Executive Vice President - Chief Technology Officer, effective October 2, 2020, succeeding Kevin Vasconi, who is retiring. Garcia, a key player in Domino's digital innovations since 2012, will join the senior leadership team. Under her guidance, Domino's has enhanced online ordering and launched the AnyWare suite of platforms, along with new technologies like GPS delivery tracking. Domino's, as the largest pizza company globally, generated over $14.3 billion in retail sales in 2019, with more than $3.4 billion in the second quarter of 2020.
Domino's Pizza (NYSE: DPZ) commits $100 million over the next decade to support St. Jude Children's Research Hospital, marking the largest pledge in the hospital's history. This announcement coincides with the naming of a new housing facility, The Domino's Village, set to open in spring 2023, featuring 140 fully-furnished apartments for patient families. Since 2004, Domino's has raised over $68 million for St. Jude through various campaigns. This initiative reinforces Domino's collaboration with St. Jude while enhancing corporate social responsibility efforts.
Domino's Pizza (NYSE: DPZ) has launched two new specialty pizzas designed specifically for delivery: the chicken taco pizza and the cheeseburger pizza. Priced at $11.99 each, these pizzas aim to enhance delivery options. The announcement, made on August 24, 2020, includes an engaging marketing campaign featuring real customers who experienced delivery issues with traditional tacos and burgers. Domino's emphasizes its commitment to innovation and customer satisfaction, continuing to lead the pizza industry with a strong focus on delivery and digital sales.
Domino's Pizza (NYSE: DPZ) announced its commitment to hiring over 20,000 new team members across the U.S. to support busy stores during the pandemic. Positions include delivery experts and customer service representatives. The company emphasizes safety, implementing contactless delivery and enhanced sanitation measures. As a leading player in the pizza industry with over 17,100 stores globally and $14.3 billion in global retail sales in 2019, Domino's aims to provide flexible job opportunities amidst economic challenges. Interested applicants can visit jobs.dominos.com.
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.