Domino's Pizza, Inc. (DPI) is a global leader in the pizza industry, operating through its subsidiaries to manage retail sales, supply chain logistics, and franchise operations . The company sells a diverse menu that includes various pizza products, side items like bread, wings, chicken, pastas, sandwiches, dips, soft drinks, and desserts . Emphasizing technological innovation, Domino's generates a significant portion of its U.S. retail sales through digital channels .
- Supply Chain - Distributes food, equipment, and supplies to both Company-owned and franchised Domino's Pizza stores in the U.S. and Canada.
- U.S. Stores - Operates and franchises Domino's Pizza stores across the United States, offering a wide range of pizza and side items.
- International Franchise - Manages franchising operations in foreign markets, supporting international franchisees with brand and operational guidance.
You might also like
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Russell J. Weiner ExecutiveBoard | Chief Executive Officer and Director | Board Member at The Clorox Company. | Joined DPZ in 2008; became CEO in May 2022. Previously held roles including COO and President of the Americas. Key contributor to digital innovation and brand growth. | View Report → |
Arthur P. D’Elia Executive | Executive Vice President, International | Board Member at DPC Dash Ltd.. | Joined DPZ in 2018. Oversees international operations. Resigned effective October 16, 2024, but remains in an advisory role through March 2025. | |
Cynthia A. Headen Executive | Executive Vice President, Chief Supply Chain Officer | None. | Joined DPZ in 2015. Oversees global supply chain operations. Promoted to Chief Supply Chain Officer in March 2023. | |
Frank R. Garrido Executive | Executive Vice President, Chief Restaurant Officer | None. | Joined DPZ in 2017. Previously led franchise operations and U.S. support. Promoted to Chief Restaurant Officer in March 2023. | |
Joseph H. Jordan Executive | President, U.S. and Global Services | Board Member at DPC Dash Ltd.. | Joined DPZ in 2011. Previously EVP of International. Key achievements include driving U.S. market share growth and franchisee profitability. | |
Kelly E. Garcia Executive | Executive Vice President, Chief Technology Officer | Board Member at Ulta Beauty, Inc.. | Joined DPZ in 2012. Leads technology and digital innovation efforts. Promoted to CTO in October 2020. | |
Kevin S. Morris Executive | Executive Vice President, General Counsel, and Corporate Secretary | None. | Joined DPZ in 2017. Oversees legal and corporate governance functions. Added Corporate Secretary responsibilities in October 2018. | |
Samuel A. Jackson Executive | Executive Vice President, Human Resources | None. | No detailed bio available in the documents, but currently serves as EVP, Human Resources. | |
Sandeep Reddy Executive | Executive Vice President, Chief Financial Officer | Board Member at Masco Corporation. | Joined DPZ in April 2022. Previously CFO at Six Flags Entertainment and Guess?, Inc. Brings extensive financial leadership experience. | |
Andrew B. Balson Board | Director | Managing Partner at Cove Hill Partners, L.P.. | Joined DPZ Board in 1999. Brings strategic acquisition and financial expertise. Previously served on boards of Dunkin’ Brands and Bright Horizons Family Solutions. | |
C. Andrew Ballard Board | Presiding Director (Lead Independent Director) | CEO of Wiser Solutions, Inc.; Board Member at Etsy, Inc., Datacor, Inc., and Zignal Labs. | Joined DPZ Board in 2015. Brings private equity, technology, and strategic business expertise. Founder of Figtree Partners. | |
Corie S. Barry Board | Director | CEO and Board Member at Best Buy Co., Inc.. | Joined DPZ Board in 2018. Brings leadership, financial expertise, and retail operations experience. Currently CEO of Best Buy. | |
David A. Brandon Board | Executive Chairman | Board Member at DTE Energy Co. and MillerKnoll, Inc.; Executive Advisor to KKR & Co., Inc.. | Former CEO of DPZ (1999–2010). Returned as Executive Chairman in April 2022. Brings extensive leadership and strategic planning experience. | |
Diana F. Cantor Board | Director | Partner at Alternative Investment Management, LLC; Board Member at Universal Corporation and VICI Properties Inc.. | Joined DPZ Board in 2005. Brings financial expertise and public company directorship experience. Previously served on boards of Revlon and Media General. | |
James A. Goldman Board | Director | Senior Advisor at Eurazeo SE; Board Member at Abercrombie & Fitch Co.; Portfolio company boards include Q Mixers, Waterloo Sparkling Water Corp., and Dewey’s Bakery. | Joined DPZ Board in 2010. Brings over 30 years of experience in the global food industry and leadership in branded consumer companies. | |
Patricia E. Lopez Board | Director | Board Member at Aramark and Express, Inc.. | Joined DPZ Board in 2018. Brings global business leadership, brand marketing, and operations expertise. Previously served on the board of Acreage Holdings. | |
Richard L. Federico Board | Director | Board Member at RPT Realty and Tastemaker Acquisition Corp.; Private company boards include Prime Steak Concepts, The Melt, and Boqueria. | Joined DPZ Board in 2011. Brings extensive restaurant industry leadership and financial expertise. Founding Director of Chances for Children. |
- With first-party delivery transactions turning negative and facing headwinds, are you reconsidering your focus on first-party delivery versus expanding carryout, especially if first-party delivery continues to weaken?
- Given the slowing delivery business and that new U.S. stores often open in existing delivery areas, are you re-evaluating your U.S. unit development plans, particularly the goal of opening around 175 stores annually?
- Despite the competitive environment intensifying with peers leaning into promotional and value efforts, do you expect this trend to further intensify through 2024 into 2025, and how might this impact your margins and strategic pricing decisions?
- Considering labor as a percentage of sales was favorable year-over-year for the first time in a while, can you explain what drove this shift, whether you expect it to continue, and if franchisees are experiencing similar benefits?
- With stuffed-crust pizza being a popular product globally and among competitors, what operational factors are preventing its launch in the U.S., and do you believe introducing it domestically would be well received by consumers?
Research analysts who have asked questions during DOMINOS PIZZA earnings calls.
Brian Bittner
Oppenheimer & Co.
4 questions for DPZ
Brian Harbour
Morgan Stanley
4 questions for DPZ
David Palmer
Evercore ISI
4 questions for DPZ
David Tarantino
Robert W. Baird & Co.
4 questions for DPZ
Dennis Geiger
UBS
4 questions for DPZ
Jeffrey Bernstein
Barclays
4 questions for DPZ
John Ivankoe
JPMorgan Chase & Co.
4 questions for DPZ
Jon Tower
Citigroup
4 questions for DPZ
Peter Saleh
BTIG
4 questions for DPZ
Alexander Slagle
Jefferies
3 questions for DPZ
Andrew Charles
TD Cowen
3 questions for DPZ
Christine Cho
Goldman Sachs Group
3 questions for DPZ
Christopher O'Cull
Stifel, Nicolaus & Company
3 questions for DPZ
Danilo Gargiulo
AllianceBernstein
3 questions for DPZ
Gregory Francfort
Guggenheim Securities
3 questions for DPZ
Jeffrey Farmer
Gordon Haskett Research Advisors
3 questions for DPZ
Lauren Silberman
Deutsche Bank
3 questions for DPZ
Sara Senatore
Bank of America
3 questions for DPZ
Andrew Strelzik
BMO Capital Markets
2 questions for DPZ
Logan Reich
RBC Capital Markets
2 questions for DPZ
Brian Mullan
Piper Sandler
1 question for DPZ
Chris O'cull
Stifel Financial Corp
1 question for DPZ
Danilo Geiger
Bernstein
1 question for DPZ
James Salera
Stephens Inc.
1 question for DPZ
Jeff farmer
Gordon Haskett Research Advisors
1 question for DPZ
Todd Brooks
The Benchmark Company
1 question for DPZ
Zachary Fadem
Wells Fargo
1 question for DPZ
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Pizza Hut | Competes in both the U.S. and international markets, primarily in the delivery and carryout pizza categories, as well as against country-specific national, regional, and local companies. |
Competes in both the U.S. and international markets, primarily in the delivery and carryout pizza categories, as well as against country-specific national, regional, and local companies. | |
Little Caesars Pizza | Competes in the U.S. market, primarily in the delivery and carryout pizza categories, alongside regional and independent or local companies. |
| Customer | Relationship | Segment | Details |
|---|---|---|---|
Domino’s Pizza Enterprises | Largest international master franchisee | International | 1.7% of consolidated revenues in 2023 ; Operates 3,840 stores in 12 international markets, representing 28% of international store count and 19% of global store count. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Domino's Pizza | 2022 | Domino's Pizza acquired 23 U.S. franchise stores in Q1 2022 for a total of $6.8 million, with the purchase price allocated as $4.0 million for intangibles, $1.7 million for equipment and leasehold improvements, and $1.1 million for goodwill. This acquisition supported the company's strategy to enhance same store sales growth. |
Recent press releases and 8-K filings for DPZ.
- Shares of Domino’s Pizza jumped 17%–23% before a trading halt after reports Bain Capital is considering a A$4 billion takeover bid.
- The potential bid implies a 100%+ premium over Domino’s current market valuation of ~A$1.46 billion; no official offer has been made and neither party has commented.
- Domino’s reported FY sales down 0.9% to A$4.15 billion and earnings down 4.6% to A$198.1 million, contributing to its depressed share price.
- Founder Jack Cowin is transitioning to executive chair as part of leadership changes aimed at stabilizing fundamentals.
- Global market estimated at US$17.5 B in 2024, projected to US$22.1 B by 2030 at a 4.0% CAGR from 2024–2030.
- Rapid expansion driven by ghost kitchens and delivery-only models, with initial franchise investments under USD 30,000 and breakeven in 12–18 months.
- Operational efficiency through simplified menus, compact outlets (300–500 sq ft) with 3–5 employees per shift, and centralized digital ordering and procurement.
- Growth accelerated by partnerships with food aggregators, expansion into non-traditional locations, and digital engagement of Millennials and Gen Z consumers.
- U.S. retail sales grew 7%, driven by 5.2% same-store sales and net addition of 29 stores, bringing the U.S. system to 7,090 units. International retail sales rose 5.7% ex-FX, with 185 net new stores and 1.7% same-store sales.
- Key growth drivers included the Best Deal Ever promotion and Parmesan Stuffed Crust Pizza, while the full Q3 rollout on DoorDash supported a 2.5% delivery comp increase.
- Completed refinancing of approximately $1 billion of debt in two $500 million tranches at a blended 5.1% rate, and repurchased 166,000 shares for $75 million, leaving $540 million remaining under the repurchase authorization.
- For 2025, global retail sales are expected in line with 2024, with U.S. same-store sales of 3%, international same-store sales of 1–2%, about 175 net new U.S. stores, and operating income growth of 8% (ex-FX).
- Launched the first brand refresh in 13 years under the “Hungry for More” identity, went live with the new website and mobile web, and plans app rollouts by year-end to enhance digital ordering.
- Global retail sales grew 6.3%, with U.S. same-store sales up 5.2% and international same-store sales up 1.7% in Q3 2025.
- Total revenues rose 6.2% to $1,147.1 M, driving income from operations up 12.2% to $223.2 M (11.8% ex-FX).
- Net income declined 5.2% to $139.3 M, yielding diluted EPS of $4.08 versus $4.19 a year ago.
- Free cash flow increased 31.8% to $495.6 M for the first three quarters, and the leverage ratio improved to 4.5x from 4.9x.
- Total revenues rose 6.2% to $1,147.1 million, while net income fell 5.2% to $139.3 million and EPS declined 2.6% to $4.08
- Global retail sales growth of 6.3% with U.S. same store sales +5.2% and international same store sales +1.7% (ex-FX)
- Net store growth of 214 stores in Q3, including 29 in the U.S. and 185 internationally
- Declared a $1.74 quarterly dividend; repurchased 165,778 shares for $74.7 million; completed $1 billion refinancing via 5- and 7-year notes
- Johnson Fistel, PLLP is investigating potential securities law violations by Domino’s Pizza officers and directors following a class action lawsuit alleging materially false and misleading statements about the company’s business and prospects.
- The complaint alleges the company’s largest master franchisee, DPE, faced significant challenges with new store openings and closures, making it unlikely Domino’s would meet its previously issued long-term guidance for annual global net store growth.
- Plaintiffs claim these misstatements overstated Domino’s business and financial prospects and seek recovery of funds, corporate governance changes, and court-approved incentive awards at no cost.
- Reported a strategic reset in FY25 with total network sales slightly down and same-store sales falling 0.2% overall.
- Underlying EBIT declined 4.6% and a statutory net loss of A$3.7 million was recorded.
- Full-year dividend cut of about 27% to 77 cents per share, including a final unfranked dividend of 21.5 cents.
- Leadership change as Jack Cowin assumed the role of Executive Chair following the departure of the previous CEO.
- Launched a cost efficiency program to reinvest savings into marketing, franchisee support, and digital capabilities.
- Purchase Agreement: On August 12, 2025, Domino’s Pizza Master Issuer LLC and its Co-Issuers agreed with Barclays Capital Inc. and Guggenheim Securities, LLC to issue $500 million of 4.930% Series 2025-1 Class A-2-I notes (5-year) and $500 million of 5.217% Series 2025-1 Class A-2-II notes (7-year).
- Exempt Offering: The notes will be sold in a transaction exempt from registration under the Securities Act of 1933, with closing expected on September 5, 2025, subject to customary conditions.
- Documentation: The Purchase Agreement, which includes standard representations, warranties, covenants and indemnification provisions, is filed as Exhibit 99.1.
- The company plans to issue $1.0 billion of new securitized notes and use $150 million of cash on hand to repay $742.0 million of 2015-1 Class A-2-II notes, $402.7 million of 2018-1 Class A-2-I notes and all outstanding 2021-1 and 2022-1 variable funding notes at par.
- It expects to establish a new $320 million variable funding note facility to replace the existing $200 million 2021-1 and $120 million 2022-1 facilities.
- As of June 15, 2025, outstanding letters of credit totaled $56.4 million and there were no borrowings under the current variable funding facilities.
- The refinancing is subject to market conditions and is anticipated to close in Q3 2025.
- Total revenue rose 4.3% to $1.145 billion in Q2 2025
- Income from operations increased 14.8% to $225 million, but net income fell 7.7% to $131.1 million and EPS declined to $3.81
- Same-store sales grew 3.4% in the U.S. and 2.4% internationally
- Effective tax rate rose from 15% to 22.1%, weighing on profitability