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Tag: domino

Domino’s Pizza, ITC Foods partner to deliver essential items

Domino’s Pizza said on Thursday it is partnering with ITC Foods to help customers order everyday grocery essentials as coronavirus cases continue to climb despite the countrywide lockdown. “The partnership between a quick service restaurant (QSR) and a fast moving consumer goods (FMCG) company is aimed at serving the community at large by ensuring uninterrupted …

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Domino’s stock falls after pizza chain’s same-store sales disappoint

Javanshir Hajizada gets ready for a bicycle delivery for Domino’s Pizza, which is hiring drivers, on March 25, 2020 in Boston. David L. Ryan | Boston Globe | Getty Images While the restaurant industry sees sales plunge, pizza chains Papa John’s and Domino’s Pizza are expecting positive same-store sales growth during the first quarter. Analysts have …

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Domino’s expects to hire 10,000 workers

An employee takes a customer’s order on the phone at a Domino’s Pizza restaurant. Daniel Acker | Bloomberg | Getty Images Domino’s Pizza expects to hire about 10,000 workers nationwide in response to the coronavirus pandemic. The company is looking for delivery drivers, pizza makers, customer service representatives, managers and licensed truck drivers for its …

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Domino’s is the only restaurant stock up year-to-date

An employee places a cooked pizza into a delivery box inside a Domino’s Pizza Group Plc store. Jason Alden | Bloomberg | Getty Images Domino’s Pizza is the only restaurant stock that’s trading positively year-to-date as investors bet that more consumers will stay home and order pizza delivery during the coronavirus outbreak.  The pizza chain’s …

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Domino’s Pizza (DPZ) earnings Q4 2019 beat Wall Street estimates

A Domino’s Pizza food delivery courier drives a moped away from a Domino’s Pizza store in Hanwell, London. Jason Alden| Bloomberg | Getty Images Domino’s Pizza stock soared more than 25% on Thursday after the company reported quarterly earnings and revenue that topped analysts’ expectations after strong U.S. sales, despite increased competition. Here’s what the …

Domino’s Pizza (DPZ) earnings Q4 2019 beat Wall Street estimatesRead More

Domino’s CEO focuses on carryout in a world of delivery competition

Carryout has become a bright spot for Domino’s Pizza as the restaurant chain battles in a tough, low-margin food delivery environment, CEO Ritch Allison told CNBC’s Jim Cramer on Thursday. Shares of the Ann Arbor, Michigan-based pizza franchise popped almost 26% during the trading day on a strong fourth-quarter report that smashed Wall Street estimates. …

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Domino’s Pizza backs long-term sales outlook despite higher food costs

A Domino’s employee preparing a pizza. Getty Images Domino’s Pizza reaffirmed its long-term outlook on Tuesday, as it enters fiscal 2020 facing headwinds from higher food costs, foreign exchange and competition from third-party delivery services.  Shares of Domino’s, which has a market value of $11.7 billion, were trading up less than 1% in afternoon trading. …

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Why Domino’s Pizza is exiting Iceland, Norway and Sweden

Iceland is a notoriously tough market for international fast food chains to break into. Domino’s has been the exception — the American pizza chain has 37.6% market share in Iceland’s fast-food industry, according to Meniga. But that affinity doesn’t extend to other Nordic countries. In Sweden and Norway, Domino’s is struggling. Domino’s Pizza Group, the …

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