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 (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.
On March 15, 2021, Domino's Pizza announced the promotion of Frank Garrido to executive vice president of U.S. operations and support, effective immediately. He succeeds Tom Curtis, who has left for another opportunity. Garrido brings extensive operational experience, having joined Domino's in 2017 as a regional vice president and previously worked at Focus Brands. Domino's, the largest pizza company globally, reported over $16.1 billion in global retail sales in 2020, with a strong emphasis on digital sales channels.
Domino's Pizza (DPZ) reported robust fourth-quarter and fiscal 2020 results, highlighting a 21.7% increase in global retail sales in Q4 and a 12.5% increase for the year. U.S. same-store sales grew 11.2% in Q4, marking the 39th consecutive quarter of growth. Diluted EPS rose 23.4% to $3.85 in Q4, with fiscal 2020 EPS at $12.39, up 29.6%. The company saw net store growth of 388 locations in Q4. A new $1.0 billion share repurchase program was authorized, and a quarterly dividend of $0.94 was declared, up 20.5%.
Domino's Pizza (NYSE: DPZ) announced a record-breaking fundraising achievement of $13 million in 2020 for St. Jude Children's Research Hospital. This initiative contributes to Domino's commitment to raise $100 million by 2030, with $10.2 million raised during the annual Thanks and Giving campaign. The funds will support the construction of The Domino's Village, a housing facility for families of children receiving care at St. Jude, set to open in spring 2023.
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Domino's Pizza announces a live webcast for its Q4 and year-end 2020 earnings on February 20, 2021, at 10 a.m. EST. This event will be accessible at biz.dominos.com and archived for later access. In 2019, Domino's reported global retail sales exceeding $14.3 billion, with significant digital sales growth. The company has over 17,200 stores worldwide and continues to innovate in technology, enhancing customer ordering experiences.
Domino's Pizza (NYSE: DPZ) will present at the 2021 ICR Conference on January 12 at 11:30 a.m. EST. The presentation will feature remarks and Q&A with CFO Stu Levy and Director of Investor Relations Chris Brandon. Investors can access the live webcast at biz.dominos.com. Post-event, the presentation will be archived on the Domino's website for later viewing. As of 2019, Domino's reported global retail sales over $14.3 billion, making it a leader in the pizza industry.
Domino's Pizza (NYSE: DPZ) is offering over $44,000 in scholarships for full-time students at 37 UNCF-member historically black colleges. The application window is open until Jan. 12, 2021. This initiative, announced after a pledge made in June 2020 to support the Black community, aims to award at least 10 scholarships of up to $4,400 each. Eligible students must maintain a GPA of at least 2.5 and submit necessary documentation. For more details, interested students can visit the UNCF Domino's Pizza Scholarship page.
Domino's Pizza (NYSE: DPZ) announced a special bonus totaling over $9.6 million for more than 11,500 hourly team members and drivers this December, with eligible employees earning up to $1,200. This follows an earlier bonus and initiatives to support frontline workers during the COVID-19 pandemic. The company also aims to hire an additional 30,000 employees to meet rising demand. In 2019, Domino's reported global retail sales exceeding $14.3 billion. The announcement underscores Domino's commitment to its employees and community support during challenging times.