Company Description
Domino's Pizza Inc. (NASDAQ: DPZ) is a publicly traded restaurant company in the accommodation and food services sector, classified within food service contractors. Founded in 1960, Domino's Pizza has grown into what it describes as the largest pizza company in the world, with a significant presence in both delivery and carryout.
According to the company, Domino's ranks among the world's top public restaurant brands, with a global enterprise of more than 21,500–21,700 stores in over 90 markets, based on recent disclosures in 2025 press releases. The system is predominantly franchised: independent franchise owners accounted for 99% of Domino's stores as of 2025, highlighting a franchise-focused operating model.
Business model and segments
Domino's describes a global retail system built around franchised and company-owned pizza stores and a large-scale supply chain network. Polygon data indicates that Domino's operates through three primary segments: supply chain, U.S. stores, and international franchises. The supply chain segment, which includes a vertically integrated network of manufacturing and distribution facilities, supplies food and related items to stores in the U.S. and Canada and is a major contributor to revenue. The company also earns royalties and marketing fees from franchisees and generates revenue from sales at company-owned stores.
Recent company commentary in its third quarter 2025 financial results highlights the importance of global retail sales, same store sales growth, and net store growth as key performance measures. Domino's notes that franchisees pay royalties and advertising fees based on a percentage of franchise retail sales, and that supply chain revenues are directly affected by changes in franchise retail sales in the U.S. and Canada.
Global footprint and digital focus
Domino's reports that it operates in over 90 markets worldwide, with tens of thousands of stores across U.S. and international locations. The company emphasizes its significant business in both delivery and carryout. In the U.S., Domino's has stated that more than 85% of U.S. retail sales in 2024 were generated via digital channels, and that it has developed many ordering platforms to support online and mobile transactions. This underscores a strong emphasis on technology-enabled ordering and digital engagement within its restaurant operations.
Domino's has also highlighted its brand and marketing efforts, including a brand refresh announced in 2025 that introduced updated colors, packaging, a new typeface and a name-bending jingle "Dommmino's". The company describes this refresh as blending its heritage with a more playful, modern look and sound to reach the next generation of pizza customers.
Product offerings and promotions
Company news releases describe a menu centered on pizza and related items, along with complementary side dishes and desserts. Domino's has promoted specialty pizzas, such as the Spicy Chicken Bacon Ranch Pizza, which the company added to its lineup of Specialty Pizzas. It has also introduced new Bread Bites flavors (Cinnamon and Garlic) alongside existing Parmesan Bread Bites, and has highlighted desserts such as Chocolate Lava Crunch Cakes.
Domino's frequently markets value-focused promotions, including limited-time offers like its "Best Deal Ever" promotion, 50% off menu-priced pizzas during specific periods, and mix-and-match deals at defined price points. These promotions are positioned around occasions such as seasonal events, holidays and major shopping days, as reflected in multiple 2025 press releases.
Franchise system and supply chain
Domino's system is described as being comprised largely of independent franchise owners, who operate the vast majority of stores worldwide. Polygon data notes that the business is approximately 99% franchised. The company also operates a vertically integrated supply chain in North America, with manufacturing and supply chain facilities that primarily produce and distribute dough and other products to stores in the U.S. and Canada.
In its regulatory filings, Domino's explains that substantially all of its revenue-generating assets—including franchise-related agreements, product distribution agreements and related assets, as well as intellectual property and license agreements—have been contributed to limited-purpose, bankruptcy-remote subsidiaries that issue securitized notes. These securitization entities pledge substantially all of their assets as collateral for the notes, and Domino's Pizza LLC acts as manager with responsibilities for franchising, distribution, intellectual property and operational functions related to these assets.
Financial reporting and capital structure
Domino's common stock trades on The Nasdaq Stock Market LLC under the ticker symbol DPZ, as confirmed in multiple Form 8-K filings. The company files periodic and current reports with the U.S. Securities and Exchange Commission, including earnings releases furnished on Form 8-K under Item 2.02.
In 2025, Domino's reported quarterly financial results that included metrics such as global retail sales growth, U.S. and international same store sales growth, income from operations, net income, and free cash flow. The company also disclosed share repurchase activity and dividend declarations, and described a refinancing transaction involving the issuance of new Series 2025-1 fixed rate senior secured notes and the establishment of a new variable funding note facility. These notes are part of an ongoing securitization program initially established in 2012.
Corporate governance and board activity
Recent Form 8-K filings document changes in Domino's board of directors, including the appointment of a new director and the resignation of an existing director. The filings state that the resignation noted in November 2025 was not the result of any disagreement with the company's operations, policies or practices. The company also reports that the newly appointed director qualifies as an independent director under Nasdaq listing standards and serves on the board's audit committee.
Community and partnership initiatives
Domino's describes several long-running partnerships and charitable initiatives. The company has been a supporter of St. Jude Children's Research Hospital since 2004 and notes that franchise and corporate-owned stores across the U.S. participate in the St. Jude Thanks and Giving campaign. Domino's reports that it has raised substantial funds for St. Jude over the years and has committed to a long-term fundraising target through 2034.
The company also partners with the National Fire Protection Association (NFPA) during Fire Prevention Week. Participating Domino's stores in the U.S. work with local fire departments to promote fire safety messages, including the importance of working smoke alarms and safe use of lithium-ion batteries in the home. Selected customers may receive visits from firefighters accompanying pizza deliveries as part of this program.
Key performance concepts
In its financial communications, Domino's explains several statistical measures it uses to analyze performance:
- Global retail sales: total worldwide retail sales at company-owned and franchise stores, used to assess brand growth and franchisee health.
- Global retail sales growth (excluding foreign currency impact): change in local currency global retail sales versus prior periods.
- Same store sales growth: sales growth from stores that had sales in comparable weeks of both periods, reported separately for U.S. and international stores.
- Net store growth: net of gross store openings and closures over a period.
- Food basket pricing change: percentage change in the cost of a typical basket of food and cardboard products purchased by an average U.S. store from supply chain centers.
- Free cash flow: net cash provided by operating activities minus capital expenditures.
These measures are described by Domino's as important for understanding its operating trends, franchise system performance and the impact of input costs on margins.
Regulatory status and incorporation
Domino's Pizza, Inc. is incorporated in Delaware, as noted in multiple Form 8-K filings. The company identifies its principal class of securities registered under Section 12(b) of the Exchange Act as common stock with a par value of $0.01 per share, trading under the symbol DPZ on Nasdaq. There is no indication in the provided filings or news of delisting, deregistration, bankruptcy, or completed merger transactions affecting this status.