The fast-food sector is fiercely competitive, with rivals like Yum Brands’ (YUM) Pizza Hut and Papa John’s (PZZA) intensifying promotional wars, as seen in Domino’s modest 0.4% U.S. same-store sales growth in Q4, which fell short of expectations. Rising food and labor costs also squeeze margins.
Domino’s Pizza announced the promotion of three company executives into new roles. Joseph Jordan is being elevated to the position of chief operating officer and president – Domino’s U.S., Weiking Ng is being promoted to executive vice president – International,
Popular pizza chain shutting down more than 200 locations: Why your local franchise is probably safe
“Japan is an attractive market for quick-service restaurants and pizza, with significant long-term upside for Domino’s,” the franchisee’s Group CEO Mark van Dyck said in a statement, detailing plans to shutter 172 Domino’s locations in Japan between April and June.
On Feb. 24, the world's largest pizza business, Domino's Pizza (NASDAQ: DPZ), reported its financial results for 2024. Investors were pleasantly surprised to see its sales surpass $19 billion, which was a strong 6% year-over-year increase.
Domino’s Pizza Enterprises, the pizza chain’s largest franchisee, is closing 205 restaurants worldwide, with the majority of pizza joints located in Japan, according to Nation’s Restaurant News.
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A Domino’s Pizza driver was arrested on suspicion of DUI after crashing into a car in San Luis Obispo on Wednesday. The driver crashed his car with another vehicle at the intersection of Ella Street and Johnson Avenue at about 12:50 p.m., the San Luis Obispo Police Department said in social media posts.
Shares of Domino’s have jumped ~15% this year, with investors cheering the recent Q4 earnings print despite numerous risks popping up. Domino’s is facing weak same-store sales, particularly in the U.S.
Adding a stuffed crust to a pizza chain’s menu doesn’t seem like a big deal. But for Domino’s Pizza, it’s more than three decades in the making. The option was introduced in 1995 by Pizza ...
The Superior Court of Pennsylvania recently affirmed a judgment holding Domino’s Pizza vicariously liable for a motorcycle accident involving
Parmesan Stuffed Crust –a premium buttery-flavored dough, stuffed with melted cheese made with 100% real mozzarella, and topped with Domino's garlic seasoning and a sprinkle of Parmesan – is now available at a Domino's pizza near you.
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Domino’s was the only publicly traded pizza chain to report a same-store sales growth with Pizza Hut and Papa John’s both reporting a decline in sales. All three chains are being affected by consumers cutting back on their spending and increasingly searching for value when they do order.
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