Latest news with #Domino's Pizza
Yahoo
5 days ago
- Business
- Yahoo
Domino's Pizza, (DPZ): 'Be Prepared To Be steamrolled,' Says Jim Cramer
We recently published . Domino's Pizza, Inc. (NASDAQ:DPZ) is one of the stocks Jim Cramer recently discussed. Domino's Pizza, Inc. (NASDAQ:DPZ) is a well-known American pizza chain. The shares have gained 11% year-to-date, helped partly by a 4% jump in July. Domino's Pizza, Inc. (NASDAQ:DPZ)'s stock was helped by a strong earnings report, which saw its US same-store sales jump by 3%. Cramer discussed the firm's partnership with DoorDash: 'I remember when Russell Weiner called me. Russell Weiner's fantastic, the CEO's fantastic. And he said, the street's underestimating this partnership [with DoorDash]. And I said well I'm not gonna underestimate it, cause he's been wanting to go with me the whole lot time. . .But Russell is a hitter. And he said this would happen. People just said, well what does it mean? And the answer it that it means there is another channel. And historically there hasn't been another channel, because the owners, the franchisees, always want to be the only channel. But I just think he's fabulous. That was really good numbers. People who don't like him, be prepared to be steamrolled.' Previously, the CNBC TV host discussed Berkshire Hathaway's stake in Domino's Pizza, Inc. (NASDAQ:DPZ): 'Russell Weiner said do you know that Warren Buffett is now my second largest shareholder? And that's Dominos. And he said I don't speak to him but it is, and I said well I don't know, maybe it's possible that he's not, that he, but I went to Becky Quick, because Becky can ask him. But what an informator if you find out that he is your second-largest shareholder.' While we acknowledge the potential of DPZ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
22-07-2025
- Business
- Yahoo
Domino's Beats on Same-Store Sales, Misses on EPS
Domino's Pizza (DPZ, Financials) topped expectations on same-store sales growth in the second quarter but missed analyst forecasts on earnings per share. Shares dipped about 1% Monday. U.S. same-store sales rose 3.4% from a year ago, while international sales increased 2.4%both ahead of Visible Alpha consensus. Revenue matched estimates at $1.15 billion, up 4% year over year. However, adjusted EPS dropped 5.5% to $3.81, slightly below expectations. CEO Russell Weiner said Domino's is now fully rolled out on the two largest aggregators, referencing new partnerships with DoorDash (DASH, Financials) and Uber Eats (UBER, Financials). The company ended its exclusive agreement with Uber in May and added stores to DoorDash earlier this year. Weiner pointed to Domino's supply chain, advertising scale, and loyalty program as competitive advantages, saying the company is well-positioned moving forward. This article first appeared on GuruFocus.
Fast Company
21-07-2025
- Business
- Fast Company
Domino's Pizza Q2 sales exceeds estimates—thanks to new items
BY Domino's Pizza surpassed analysts' expectations for second-quarter U.S. same-store sales on Monday, driven by new items on the menu and promotions, amid persisting macroeconomic uncertainties, sending shares up about 5% in early trade. The world's largest pizza chain introduced items such as the parmesan-stuffed crust pizza to its list, and attracted value-conscious consumers through deals under its rewards program. These efforts helped offset the impact from U.S. President Donald Trump's fluctuating tariff policies and the resulting trade tensions. Consumer spending has declined in recent months due to rising inflation and uncertainty surrounding Trump's policies, prompting customers to seek value offerings rather than expensive dine-out options, which has benefited pizza chains like Domino's. 'In the U.S., both delivery and carry out grew, driving meaningful market share gains,' Domino's CEO Russell Weiner said. Domino's posted a 3.4% rise in same-store sales in the U.S. for the quarter ended June 15, exceeding analysts' average estimate of a 2.21% rise, according to data compiled by LSEG. That marked its first beat in five quarters. 'Domino's has a competitive advantage relative to peers in the sector from the discounts they offer that are difficult to match profitably,' said Northcoast Research analyst Jim Sanderson. The company's online sales grew, aided by discounts and its DoorDash partnership, which doubled third-party delivery sales to about 5%, according to M Science analyst Matt Goodman. Momentum from third-party aggregators and discounts will help drive Domino's sales ahead of peers, Sanderson added. International same-store sales grew 2.4%, also ahead of the estimate of 1.71% growth, while quarterly revenue rose 4.3% to $1.15 billion, in line with estimates. Domino's posted quarterly earnings per share of $3.81, compared with the estimate of $3.95. The company said price hikes on the ingredient packs supplied to outlets reduced the gross margin for its U.S. company-owned stores by 2%. —Neil J Kanatt and Waylon Cunningham, Reuters
Yahoo
21-07-2025
- Business
- Yahoo
Domino's belated stuffed crust and delivery investments drive 3.4% sales growth
You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Domino's Pizza reported 3.4% same-store sales growth for the second quarter ended June 15 — its highest sales rate in a year — as the Ann Arbor, Mich.-based chain's "Hungry for More" strategy began to pay dividends. CEO Russell Weiner attributed the healthy quarterly performance to the successful launch of the company's first stuffed crust pizza and the expansion of delivery partnerships with Uber Eats and DoorDash. Domino's Pizza rolled out Parmesan stuffed crust pizza early in the second quarter, notably becoming the last major quick-service pizza chain to offer stuffed crust pizza, prompting Pizza Hut to call out its competitor for bandwagon innovation 30 years after Pizza Hut came out with stuffed crust. 'Customers love Parmesan stuffed crust pizza,' Weiner said during a call with investors on Monday. 'The early read shows that the addition of stuffed crust should be a market share catalyst for us over time, as this was a big reason why Domino's customers would go elsewhere in the past.' Domino's was also a late entrant into the delivery aggregation channel, as the company for years held out by only offering first-party delivery as a brand differentiator. The pizza chain first announced a brand-first partnership with Uber Eats in 2023, which expanded to DoorDash in April. Weiner mentioned that last quarter, both the delivery and carryout businesses were strong, while the company had previously relied on the carryout channel to drive revenue growth. 'The expectation is that our sales on DoorDash will build as awareness and marketing increases,' Weiner said. 'We're now fully rolled out on the two largest aggregators, and with the stuffed crust, we now have all the major crust types on our menu. We have never had this many tools at our disposal to capture market share. This will be how we drive best in class results and long-term value creation for our franchisees and shareholders.' Besides catching up to competitors with menu innovation and delivery partnerships, Domino's is focusing on its loyalty program, which was revamped in 2023, and continues to be a growth driver for the brand as membership increases. 'I expect Domino's Rewards to be a multi-year sales driver,' Weiner said. 'We have a strong slate of initiatives ready to go for the rest of the year, including our 'Best Deal Ever' promotion, which is currently running through early August. We will continue to give customers what they want, which is more value in an environment where they remain pressured.' For the second quarter ended June 15, Domino's net income declined 7.7% to $131.1 million, or $3.81 per share, compared to $142 million, or $4.03 a share, in the prior-year period. Revenues increased 4.3% to $1.15 billion, compared to $1.1 billion in the same quarter last year. Domino's opened 178 net new stores globally, for a total of 21,536 locations. Contact Joanna at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
21-07-2025
- Business
- Reuters
Domino's Pizza beats quarterly sales estimate on strong US demand
July 21 (Reuters) - Domino's Pizza (DPZ.O), opens new tab surpassed analysts' expectations for second-quarter U.S. same-store sales on Monday, driven by new items on the menu and promotions, amid persisting macroeconomic uncertainties, sending shares up about 5% in early trade. The world's largest pizza chain introduced items such as the parmesan-stuffed crust pizza to its list, and attracted value-conscious consumers through deals under its rewards program. These efforts helped offset the impact from U.S. President Donald Trump's fluctuating tariff policies and the resulting trade tensions. Consumer spending has declined in recent months due to rising inflation and uncertainty surrounding Trump's policies, prompting customers to seek value offerings rather than expensive dine-out options, which has benefited pizza chains like Domino's. "In the U.S., both delivery and carry out grew, driving meaningful market share gains," Domino's CEO Russell Weiner said. Domino's posted a 3.4% rise in same-store sales in the U.S. for the quarter ended June 15, exceeding analysts' average estimate of a 2.21% rise, according to data compiled by LSEG. That marked its first beat in five quarters. "Domino's has a competitive advantage relative to peers in the sector from the discounts they offer that are difficult to match profitably," said Northcoast Research analyst Jim Sanderson. The company's online sales grew, aided by discounts and its DoorDash DASH.O partnership, which doubled third-party delivery sales to about 5%, according to M Science analyst Matt Goodman. Momentum from third-party aggregators and discounts will help drive Domino's sales ahead of peers, Sanderson added. International same-store sales grew 2.4%, also ahead of the estimate of 1.71% growth, while quarterly revenue rose 4.3% to $1.15 billion, in line with estimates. Domino's posted quarterly earnings per share of $3.81, compared with the estimate of $3.95. The company said price hikes on the ingredient packs supplied to outlets reduced the gross margin for its U.S. company-owned stores by 2%.
