Hsbc Holdings PLC boosted its stake in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 20.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 70,968 shares of the restaurant operator’s stock after acquiring an additional 11,829 shares during the period. Hsbc Holdings PLC owned 0.21% of Domino’s Pizza worth $21,004,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. SHP Wealth Management purchased a new position in shares of Domino’s Pizza in the 4th quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Domino’s Pizza by 97.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 34 shares during the last quarter. Johnson Financial Group Inc. lifted its holdings in shares of Domino’s Pizza by 200.0% during the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares during the period. MBM Wealth Consultants LLC purchased a new position in Domino’s Pizza in the 1st quarter valued at $31,000. Finally, Rakuten Securities Inc. acquired a new position in Domino’s Pizza in the 2nd quarter valued at $28,000. 94.63% of the stock is owned by hedge funds and other institutional investors.
Domino’s Pizza Trading Down 1.7% Shares of DPZ opened at $335.41 on Wednesday. The stock has a market cap of $11.10 billion, a P/E ratio of 19.02, a PEG ratio of 1.57 and a beta of 0.94. The company has a 50-day moving average of $335.69 and a two-hundred day moving average of $343.41. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $464.23.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The business had revenue of $1.19 billion during the quarter. During the same quarter in the previous year, the company earned $3.81 EPS. Domino’s Pizza’s revenue was up 4.3% on a year-over-year basis. As a group, analysts forecast that Domino’s Pizza Inc will post 18.89 EPS for the current fiscal year. Domino’s Pizza Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is 45.15%.
Wall Street Analyst Weigh In A number of research analysts have recently issued reports on the stock. Citigroup dropped their price target on shares of Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 7th. Royal Bank Of Canada boosted their target price on Domino’s Pizza from $325.00 to $350.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 21st. UBS Group increased their target price on Domino’s Pizza from $375.00 to $385.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Sanford C. Bernstein restated a “market perform” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Finally, Evercore reaffirmed an “outperform” rating on shares of Domino’s Pizza in a report on Thursday, July 9th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Hold” and a consensus target price of $397.74.
Check Out Our Latest Research Report on Domino’s Pizza
Insider Buying and Selling at Domino’s Pizza In related news, EVP Kelly E. Garcia sold 12,430 shares of the stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at $3,011,718.08. This trade represents a 57.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Russell J. Weiner sold 10,850 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the completion of the transaction, the chief executive officer directly owned 43,829 shares of the company’s stock, valued at $14,499,948.07. The trade was a 19.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 24,254 shares of company stock valued at $7,888,924 in the last three months. 0.89% of the stock is currently owned by company insiders.
Domino’s Pizza Company Profile (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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Domino's has raised its dividend every year for over a decade and just approved another hefty increase, yet the balance sheet carries nearly $5 billion in debt and a stockholders' deficit that would alarm most retirees. Before you count on…
Income investors who own Domino’s Pizza (NASDAQ:DPZ | DPZ Price Prediction) just got their next check confirmed. The board declared a quarterly cash dividend of $1.99 per share on July 14, 2026, with an ex-dividend date of September 15, 2026 and a payment date of September 30, 2026. That payout sits on top of a trailing twelve month dividend of $7.46 per share, and it caps off one of the more aggressive dividend ramps in the restaurant group.
The tension for a retiree evaluating this stock is right there in the numbers. The dividend is rising quickly, the yield is modest, and the balance sheet carries the kind of leverage that makes conservative income investors nervous. This scorecard works through whether the payout is actually dependable.
A Four-Year Dividend Ramp on Full Display Look at the declared quarterly rate over four years and the pace is unmistakable:
2023: $1.21 per quarter 2024: $1.51 per quarter 2025: $1.74 per quarter 2026: $1.99 per quarter The February 2026 hike from $1.74 to $1.99 represented a 15% year-over-year dividend increase. That is a hefty raise for a mature restaurant chain, and it continues a multi-year growth streak that started when the dividend was initiated in 2013. A fast-rising payout looks great on a screener. It also demands scrutiny on whether cash flow is keeping pace.
Current Yield: Modest Despite the Raises With shares trading at $346.76 as of September 3, 2026, the dividend yield sits at 2.19%. That is not a rich income number. Domino’s has been raising the payout aggressively, but the starting yield is low enough that retirees comparing DPZ to REITs, utilities, or dividend aristocrats with 3.5% to 5% yields will notice the gap. Yield-hungry buyers usually get more elsewhere. What DPZ offers is dividend growth, provided that growth is sustainable.
It’s worth pointing out that DPZ is down 15.8% year to date and 24.2% over the past year, well off a 52-week high of $458.38. The pullback has lifted the yield somewhat but has not turned this into a high-yield name.
Why the Franchise Model Matters for Cash Flow Domino’s does not operate most of its stores. Franchisees do. Domino’s collects royalty streams, supply chain revenue, and franchise fees, then leaves store-level labor, food, rent, and remodel costs on the franchisee’s books. That produces a very asset-light parent company with high margins and consistent cash conversion. Operating margin runs at 19.1% and return on assets at 33.9%.
The upside of that model is what you see in the cash flow statement. In fiscal 2025, Domino’s generated operating cash flow of $792.06 million, spent $120.56 million on capex, and paid out $236.86 million in dividends. Free cash flow of $671.5 million covered the dividend with meaningful room to spare.
Payout Coverage: The Scorecard FY2025 diluted EPS came in at $17.57 against an annualized payout of roughly $7.96 based on the current quarterly rate. Trailing twelve month EPS is $17.96, and Domino’s trades at a 19 PE with a forward PE of 16.
On cash flow, the dividend is also well covered by the roughly $671 million of free cash flow generated last year. The dividend program consumed less than half of free cash flow in 2025.
The catch is that dividends are competing with a very large buyback program. In Q2 2026 alone, Domino’s repurchased 443,917 shares for $156.2 million, and the board authorized an additional $1.0 billion in buybacks in April 2026. Remaining authorization stood at $1.23 billion as of mid-June. Between dividends and buybacks, Domino’s is returning nearly all of its free cash flow to shareholders every year.
Debt on the Books As of the quarter ended June 30, 2026, total liabilities stood at $5.746 billion, long-term debt at $4.876 billion, and total shareholders’ equity at negative $3.98 billion. Domino’s has funded years of buybacks with securitized notes, and the equity account has been in deficit in every annual report from 2006 through 2025.
Cash on hand was $164.8 million at quarter end, down 39.6% year over year. The company carries roughly $4.77 billion in fixed-rate securitized notes. Domino’s regulatory filings have flagged “substantial indebtedness with negative stockholders’ equity” as a repeated risk factor.
For an income investor at or near retirement, that language matters. Negative book value is a byproduct of aggressive share repurchases here, and the interest burden is real. Any material deterioration in same-store sales or franchisee health could tighten the cash flow cushion in a hurry.
Business Behind the Coupon: Comps Decelerate Recent operating results give both bulls and bears something to point at. Q2 2026 revenue rose 4.3% to $1.194 billion, beating the $1.179 billion consensus. Diluted EPS of $4.07 missed the $4.17 consensus. U.S. same-store sales grew a barely visible 0.1%, decelerating from 3.4% in the prior year period. International same-store sales fell 0.1%.
CFO Sandeep Reddy said on the July 20 call: “We had a one-quarter blip on ticket. We’re not going to have another blip.” CEO Russell Weiner, who is transitioning to executive chairman with Joe Jordan taking over as CEO, added: “My conviction in Domino’s long-term growth potential remains as strong as ever.”
Domino’s added 183 international stores during Q2 and expects roughly 800 net international stores for the year, with the U.S. outlook trimmed to approximately 175 net stores.
Risks Retirees Should Weigh Carefully Leverage: roughly $4.9 billion of long-term debt against a stockholders’ deficit means limited balance sheet flexibility if operating results weaken. Same-store sales sensitivity: U.S. comps at +0.1% and international at -0.1% leave very little margin for error. Delivery aggregators: management is pursuing growth on Uber and DoorDash while trying to keep franchisee economics “profit neutral” on those orders. Execution risk is real. Franchisee health: a pressured pipeline and reduced U.S. store outlook reflect franchisee profitability strain. Food and labor inflation: cost pressure at the store level eventually reaches the parent through slower unit growth. Buyback competition: with $1.23 billion in remaining repurchase authorization, buybacks are competing with the dividend and debt service for the same free cash flow. Verdict on Dependability The dividend is dependable in the near and medium term. Free cash flow of $671.5 million comfortably funds the roughly $237 million dividend program, the securitized note structure is fixed rate, and management has an established record of raising the payout. A retiree who owns DPZ for income should expect the check to arrive on September 30, 2026 and expect further raises.
The dividend is less attractive as a primary income vehicle. A 2.19% yield is thin compensation for accepting a stockholders’ deficit, decelerating comps, and buybacks that consume the majority of surplus cash. This is a dividend growth story with balance sheet baggage. It earns a solid dependability grade for the next several years and a cautionary grade for the decade beyond, particularly if same-store sales cannot reaccelerate.
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Baypointe Partners LLC increased its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 155.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,286 shares of the restaurant operator’s stock after acquiring an additional 8,686 shares during the period. Domino’s Pizza comprises about 10.1% of Baypointe Partners LLC’s investment portfolio, making the stock its 4th biggest position. Baypointe Partners LLC’s holdings in Domino’s Pizza were worth $4,229,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Jump Financial LLC bought a new position in Domino’s Pizza in the 2nd quarter valued at $3,183,000. Investment Management Corp of Ontario boosted its position in shares of Domino’s Pizza by 68.3% in the 2nd quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock worth $718,000 after purchasing an additional 647 shares during the last quarter. Sei Investments Co. grew its position in shares of Domino’s Pizza by 21.7% during the 2nd quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock worth $36,480,000 after buying an additional 14,452 shares during the period. Glenview Trust co grew its holdings in Domino’s Pizza by 36.9% during the second quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock valued at $511,000 after purchasing an additional 306 shares during the period. Finally, HUB Investment Partners LLC increased its position in shares of Domino’s Pizza by 17.3% in the 2nd quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock valued at $596,000 after buying an additional 195 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.
Analyst Ratings Changes A number of research analysts have weighed in on DPZ shares. KeyCorp reaffirmed a “sector weight” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Morgan Stanley dropped their price objective on Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. TD Cowen boosted their price target on Domino’s Pizza from $295.00 to $310.00 and gave the stock a “hold” rating in a research report on Monday, July 20th. Oppenheimer cut their target price on shares of Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. Finally, Citigroup reduced their price target on Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating for the company in a research note on Tuesday, July 7th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Domino’s Pizza has an average rating of “Hold” and a consensus price target of $397.74.
Get Our Latest Research Report on Domino’s Pizza Domino’s Pizza Stock Up 0.1% Domino’s Pizza stock opened at $347.03 on Friday. Domino’s Pizza Inc has a 12-month low of $282.00 and a 12-month high of $467.83. The stock has a market cap of $11.48 billion, a PE ratio of 19.68, a P/E/G ratio of 1.60 and a beta of 0.94. The business’s 50-day moving average price is $333.10 and its two-hundred day moving average price is $344.22.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last posted its earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm had revenue of $1.19 billion during the quarter. During the same period in the previous year, the company earned $3.81 EPS. The company’s revenue was up 4.3% on a year-over-year basis. As a group, analysts expect that Domino’s Pizza Inc will post 18.89 earnings per share for the current year.
Domino’s Pizza Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.99 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $7.96 annualized dividend and a yield of 2.3%. Domino’s Pizza’s payout ratio is presently 45.15%.
Insider Activity at Domino’s Pizza In related news, CEO Russell J. Weiner sold 10,850 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the transaction, the chief executive officer directly owned 43,829 shares in the company, valued at $14,499,948.07. This trade represents a 19.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the sale, the executive vice president owned 9,352 shares in the company, valued at $3,011,718.08. This represents a 57.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 24,254 shares of company stock valued at $7,888,924 in the last ninety days. 0.89% of the stock is currently owned by insiders.
Domino’s Pizza Profile (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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Domino’s Pizza (NASDAQ:DPZ – Get Free Report) and GreenTree Hospitality Group (NYSE:GHG – Get Free Report) are both consumer discretionary companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, valuation, profitability and institutional ownership.
Profitability This table compares Domino’s Pizza and GreenTree Hospitality Group’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Domino’s Pizza 11.86% -15.15% 34.16% GreenTree Hospitality Group 4.14% 2.49% 0.84% Insider & Institutional Ownership 94.6% of Domino’s Pizza shares are owned by institutional investors. Comparatively, 8.1% of GreenTree Hospitality Group shares are owned by institutional investors. 0.9% of Domino’s Pizza shares are owned by company insiders. Comparatively, 88.7% of GreenTree Hospitality Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Volatility & Risk Domino’s Pizza has a beta of 0.94, meaning that its stock price is 6% less volatile than the S&P 500. Comparatively, GreenTree Hospitality Group has a beta of 0.65, meaning that its stock price is 35% less volatile than the S&P 500. Analyst Recommendations This is a breakdown of recent recommendations and price targets for Domino’s Pizza and GreenTree Hospitality Group, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Domino’s Pizza 1 14 16 0 2.48 GreenTree Hospitality Group 1 0 0 0 1.00 Domino’s Pizza currently has a consensus price target of $397.74, suggesting a potential upside of 14.61%. Given Domino’s Pizza’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Domino’s Pizza is more favorable than GreenTree Hospitality Group.
Earnings and Valuation This table compares Domino’s Pizza and GreenTree Hospitality Group”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Domino’s Pizza $4.94 billion 2.32 $601.70 million $17.63 19.68 GreenTree Hospitality Group $156.92 million 0.69 $23.85 million $0.05 21.60 Domino’s Pizza has higher revenue and earnings than GreenTree Hospitality Group. Domino’s Pizza is trading at a lower price-to-earnings ratio than GreenTree Hospitality Group, indicating that it is currently the more affordable of the two stocks.
Dividends Domino’s Pizza pays an annual dividend of $7.96 per share and has a dividend yield of 2.3%. GreenTree Hospitality Group pays an annual dividend of $0.05 per share and has a dividend yield of 4.6%. Domino’s Pizza pays out 45.2% of its earnings in the form of a dividend. GreenTree Hospitality Group pays out 100.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Domino’s Pizza has increased its dividend for 12 consecutive years.
Summary Domino’s Pizza beats GreenTree Hospitality Group on 13 of the 17 factors compared between the two stocks.
About Domino’s Pizza (Get Free Report)
Domino’s Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores. It also provides oven-baked sandwiches, pastas, boneless chicken and chicken wings, breads and dips, desserts, and soft drink products, as well as loaded tots and pepperoni stuffed cheesy breads. Domino’s Pizza, Inc. was founded in 1960 and is headquartered in Ann Arbor, Michigan.
(Get Free Report)
GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree Inns brand in the People's Republic of China. It also engages in investment holding activities; and provision of information technology services. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China.
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Getty Images; Alyssa Powell/BI The sad state of America's dinnertime The dream of the truly personal Domino's pizza is here. It's a nightmare for America.
Getty Images; Alyssa Powell/BI
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Domino's is finally launching a truly personal pizza. Yay! Right? Except that the company's announcement about it is weirdly sad. Hungry diners will be able to customize "without compromise," it says, avoid "sacrifice," and share a meal without actually sharing. Of course, pizza's not that deep, but that's sort of the point. We should generally be able to come to an agreement on olives and pepperoni.
A growing number of Americans are eating by themselves — the Bureau of Labor Statistics' American Time Use Survey shows that as of 2023, over a quarter of Americans spent most of their eating and drinking time alone, up from a fifth in 2008. When people do end up gathering for meals, they're increasingly siloed. We've figured out how to eat alone even when we are together.
Food hall-inspired startup Wonder makes meals from multiple menus out of the same kitchen, so no one has to choose between cuisines. Delivery company DoorDash has launched a feature for business customers that lets employees choose separate lunches from different places and get them delivered all at once. A 2026 OpenTable survey found that 52% of Americans say they'd rather order their own dish than share with the table, even as group dining overall is up.
We may be sharing space, but we're not sharing food — and, in turn, we're not sharing all the benefits that come with a communal plate.
"The act of coordinating itself makes people have trust and connection," says Kaitlin Woolley, a professor of management at Cornell University. "Sometimes, this little bit of friction or this little challenge, it does help us to come together."
Woolley means what she says quite literally. In one of her studies, she paired people off and had them either share a bowl of chips and salsa or each get their own. She then put them in a negotiation scenario, in which one person played management and the other a union representative, and asked them to reach a wage agreement. Her findings: Pairs who shared a snack struck a deal faster than those who didn't. The slight inconvenience of timing chip dipping and trying not to hog helped the partners forge an understanding.
Sharing a meal often involves a series of mundane accommodations — choosing the restaurant, waiting until everyone has food before starting, not eating too fast, leaving the last cookie on the tray until someone finally relents and takes it. None of this behavior is particularly profound, but it makes us pay a little more attention to others' wants and actions.
When people order from the same venue or eat the same cuisine, the collective experience improves. That comes at the small expense of everyone not getting precisely what they would have chosen were they on their own, says Ayelet Fishbach, a professor of behavioral science and marketing at the University of Chicago. "There's a lot to gain from the social side, and the individual cost is usually negligible," she says.
We tend to bond over similarities related to food as well, Woolley adds: "More so than taste in music or similar clothes, it seemed to be a way for people to connect."
This isn't always as simple as everyone agreeing on the same cheese pizza and moving on. Many people have food allergies or dietary restrictions, and the option to personalize things makes it easier to participate, even if it comes with its own set of challenges. Instead of getting veto power, the person with the issue can do their own thing and still hang out.
It can be stressful to be the odd one out, and research shows that people with food restrictions tend to worry about how they'll be perceived. They get anxious about having to reveal their restrictions, wonder whether people will decline to invite them in the future, and feel self-conscious about others making negative assumptions about them.
Kevin Kniffin, an assistant professor of management and organizations at Cornell University, did a study about a decade ago that found that firefighters who eat meals together perform better as a group than teams who eat alone. One of the firefighters in the study was vegan. He would bring his own meal, but still made sure to eat at the same time and at the same table as everyone else. He also took part in shared clean-up chores, despite not contributing to the shared mess.
"The firefighter seemingly had a strong intuition that all of those shoulder-to-shoulder and face-to-face activities were important, and it was his smart way of matching his own dietary decisions with his platoon's meal-sharing practices," Kniffin says. He adjusted the part of the meal he needed to without opting out of everything around it.
To be sure, people share meals without eating the same food all the time — i.e., we often order separate dishes at restaurants. Eating distinct items together doesn't erase social interaction. A lot of the dynamics depend on expectations. If everyone agrees to bring their own lunch to the breakroom, that can strengthen bonds. But if someone invites friends over with the express purpose of cooking a homemade meal and a guest decides to DoorDash their own food instead, that's a no-no, even if the host might not openly show offense.
"There are silent social agreements," says Nicklas Neuman, an associate professor and senior lecturer in food studies, nutrition, and dietetics at Uppsala University.
The idea that everyone should get exactly what they want is a modern luxury. It's a "radical" development in human history to choose what we eat based on taste preference rather than what's available to us, Neuman says. "It's obviously also connected to how individualized the culture is," he says.
Meals aren't just about nutrition, taste, or social gatherings — they're also a consumer choice. What we eat says something about who we are, what we value, what we can afford, and where we are in the class hierarchy.
Delivery apps and the ability to get hyper-customized meals have unbundled the constellation of decisions and activities typically involved in communal eating, Kniffin says. In terms of the consequences, he compares the effects to Jenga: It's not clear "which pieces in the bundle are critical" to actually providing the societal benefits of a shared meal. Maybe the shared entrée isn't load-bearing, but if you remove too many other blocks, the whole thing collapses, and what remains is a handful of people consuming individualized products around the same time, staring at their phones.
Apart from food selection, other parts of the shared meal are turning into atomized interactions as well. Technology has enabled the precise division of the bill. A multi-person lunch or dinner has long created opportunities for low-stakes financial tensions. Do we split it evenly? Does the person who skipped drinks pay less? Does anyone really want to decipher who ate how much of the appetizer?
Apps such as Zelle, Splitwise, and Venmo make it possible to settle those questions with strict accuracy. That may ease potential conflicts, says Margaret Clark, a professor of psychology at Yale University. When one friend starts calculating everyone's share down to the last cent, "it just feels petty," she says. If, instead, the app automatically does the arithmetic, it may feel less loaded. "It's not the person, it's not one of the members, who is suggesting that we should be transactional to the last cent," she says.
Friction at mealtime isn't inherently virtuous, nor is removing it necessarily antisocial. Sometimes, technology and optionality clear away annoying logistics and make it easier to be together. Other times, the thing being engineered away has value — taking turns, making accommodations, finding compromise. Everyone choosing their own specific adventure may lead to a trade-off between long-term social connection and short-term convenience. There's something to approaching meals in a more joint, straightforward way — we eat the same thing, generally guess how the money should shake out, or you say you'll get me next time when I pay — that might make the relationship better.
Maybe instead of five people ordering five individual pizzas and going with Domino's "without compromise" approach, most of the group agrees to get a large cheese. The person who really wanted sausage learns to live without it for a meal, and the person with an allergy gets a separate small pie with a gluten-free crust. Everyone tackles their slices around the table and discusses whether it might be better to do Chinese or Mexican next time.
Emily Stewart is a senior correspondent at Business Insider, writing about business and the economy.
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Emily Stewart is a senior correspondent on Business Insider’s Discourse team. She focuses on consumerism, culture, and the economy, among other topics. Some of her biggest stories have explored Red Lobster’s demise, middle-class shoplifting, convenience stores’ struggles, the rise of illicit drugs as work performance-enhancers, and generational finance trends, including Gen Z’s love for AmEx and the impending avalanche of baby boomers’ stuff. She also writes regularly about sports betting, event ticketing, the alcohol industry, work, millennials, and economic trends. Emily appears regularly on nationally syndicated radio shows and podcasts, including Marketplace, The Weekend Dive, and Today, Explained. She has guest hosted C-SPAN’s “After Words” and moderated multiple panels on economic policy and workplace dynamics.Before joining Business Insider, Emily was at Vox, where she covered business and the economy and wrote a newsletter, “The Big Squeeze,” about how people experience the forces of the economy and capitalism day to day. Prior to that, she worked at TheStreet.
Domino's® Asks America: Is the Domino™ Pizza's First Fast-Food Icon? PR Newswire
ANN ARBOR, Mich., Aug. 31, 2026
Pizza brand is giving away up to $1 million worth of its new Detroit-style pizza for one, inviting customers to compare it to icons like the Big Mac ®, Whopper ® and Crunchwrap Supreme ®
, /PRNewswire/ -- The Domino has arrived! It's not just Domino's first Detroit-style pizza for one. It's shaped like the brand's iconic logo and was rated as one of the best-tasting products in the company's history, making it the first pizza worthy of Domino's name. Like a Big Mac or Whopper, the Domino is made for one – no sharing involved. Now Domino's Pizza Inc. (Nasdaq: DPZ) is giving customers the chance to try it for free through its "Is the Domino Worthy?" promotion, inviting America to judge whether the Domino has earned a place among fast food's most iconic menu items.
"The Domino was created for the way people eat today, where a meal doesn't always mean sharing the same pizza," said Kate Trumbull, Domino's executive vice president – chief marketing officer. "It solves a problem traditional pizza never could: everyone gets the toppings they love, without having to compromise. We saw an opportunity to reinvent pizza from the crust up, and the result is the Domino: a Detroit-style pizza built for one person, made exactly how they want it, and one of the strongest-performing products we've ever tested. We think it has what it takes to become an iconic menu item, and we want customers to try and decide for themselves."
How to Try a Domino for Free
Domino's is giving away up to $1 million worth of free Dominos as it looks to join the ranks of some of the biggest legends in the fast-food industry. To enter for the chance to win a free Domino, customers must:
Purchase a McDonald's Big Mac, Burger King Whopper, Taco Bell Crunchwrap Supreme, Chick-fil-A® Chicken Sandwich or Chipotle® Burrito.*Upload their receipt to IsTheDominoWorthy.com.Domino's will email an offer code for one free Domino to customers on a first-come, first-served basis, while supplies last.The Domino is handmade with premium, buttery-flavored pan dough encrusted with real Parmesan cheese and baked in a rectangular pan to create a crispy Parmesan Detroit-style crust. It is topped with two layers of cheese, customers' choice of sauce and up to three toppings, finished with a drizzle of Domino's signature garlic seasoning, and cut into two generous slices.
To find the nearest Domino's location and try the Domino today, visit dominos.com or download Domino's app.
*NO PURCHASE NECESSARY. OFFERS ARE AVAILABLE ON A FIRST-COME, FIRST-SERVED BASIS, WHILE SUPPLIES LAST. QUANTITIES ARE LIMITED. Open to legal US residents physically residing in the 50 US/DC who are 13+ years of age. Minor Participants must have parental consent to participate. Offer Period begins on 8/31/26 at 12:00:01 am ET and ends at 11:59:59 pm ET on 9/30/26, or when all available Offers are depleted (whichever comes first). A minimum of 105,375 Offer Codes are available. To participate without uploading a receipt, see Terms. Limit one (1) Offer Claim per person regardless of method of participation. Offer Code expires 10/14. Other restrictions apply. For full Terms, visit http://isthedominoworthy.com/Terms
McDonald's® and Big Mac® are registered trademarks of the McDonald's Corporation. Burger King® and the Whopper® are registered trademarks of the Burger King Company LLC. Taco Bell® and the Crunchwrap Supreme® are registered trademarks of Taco Bell IP Holder, LLC. Chick-fil-A® is a registered trademark of CFA Properties, Inc. Chipotle® is a registered trademark of Chipotle Mexican Grill Inc. All rights reserved. The McDonald's Corporation, Burger King Company LLC, Taco Bell IP Holder, LLC, CFA Properties, Inc. and Chipotle Mexican Grill Inc. are not associated with nor do they endorse this promotion.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,500 stores in over 90 markets. Domino's had global retail sales of over $20.6 billion in the trailing four quarters ended June 14, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the second quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/dominos-asks-america-is-the-domino-pizzas-first-fast-food-icon-302861955.html
Pizza brand is giving away up to $1 million worth of its new Detroit-style pizza for one, inviting customers to compare it to icons like the Big Mac ®, Whopper ® and Crunchwrap Supreme ®
, /PRNewswire/ -- The Domino has arrived! It's not just Domino's first Detroit-style pizza for one. It's shaped like the brand's iconic logo and was rated as one of the best-tasting products in the company's history, making it the first pizza worthy of Domino's name. Like a Big Mac or Whopper, the Domino is made for one – no sharing involved. Now Domino's Pizza Inc. (Nasdaq: DPZ) is giving customers the chance to try it for free through its "Is the Domino Worthy?" promotion, inviting America to judge whether the Domino has earned a place among fast food's most iconic menu items.
Domino's is giving customers the chance to try its new Detroit-style pizza, made for one, for free through its "Is the Domino Worthy?" promotion. The promotion invites America to judge whether the Domino has earned a place among fast food's most iconic menu items. "The Domino was created for the way people eat today, where a meal doesn't always mean sharing the same pizza," said Kate Trumbull, Domino's executive vice president – chief marketing officer. "It solves a problem traditional pizza never could: everyone gets the toppings they love, without having to compromise. We saw an opportunity to reinvent pizza from the crust up, and the result is the Domino: a Detroit-style pizza built for one person, made exactly how they want it, and one of the strongest-performing products we've ever tested. We think it has what it takes to become an iconic menu item, and we want customers to try and decide for themselves."
How to Try a Domino for Free
Domino's is giving away up to $1 million worth of free Dominos as it looks to join the ranks of some of the biggest legends in the fast-food industry. To enter for the chance to win a free Domino, customers must:
Purchase a McDonald's Big Mac, Burger King Whopper, Taco Bell Crunchwrap Supreme, Chick-fil-A® Chicken Sandwich or Chipotle® Burrito.* Upload their receipt to IsTheDominoWorthy.com. Domino's will email an offer code for one free Domino to customers on a first-come, first-served basis, while supplies last. The Domino is handmade with premium, buttery-flavored pan dough encrusted with real Parmesan cheese and baked in a rectangular pan to create a crispy Parmesan Detroit-style crust. It is topped with two layers of cheese, customers' choice of sauce and up to three toppings, finished with a drizzle of Domino's signature garlic seasoning, and cut into two generous slices.
To find the nearest Domino's location and try the Domino today, visit dominos.com or download Domino's app.
*NO PURCHASE NECESSARY. OFFERS ARE AVAILABLE ON A FIRST-COME, FIRST-SERVED BASIS, WHILE SUPPLIES LAST. QUANTITIES ARE LIMITED. Open to legal US residents physically residing in the 50 US/DC who are 13+ years of age. Minor Participants must have parental consent to participate. Offer Period begins on 8/31/26 at 12:00:01 am ET and ends at 11:59:59 pm ET on 9/30/26, or when all available Offers are depleted (whichever comes first). A minimum of 105,375 Offer Codes are available. To participate without uploading a receipt, see Terms. Limit one (1) Offer Claim per person regardless of method of participation. Offer Code expires 10/14. Other restrictions apply. For full Terms, visit http://isthedominoworthy.com/Terms
McDonald's® and Big Mac® are registered trademarks of the McDonald's Corporation. Burger King® and the Whopper® are registered trademarks of the Burger King Company LLC. Taco Bell® and the Crunchwrap Supreme® are registered trademarks of Taco Bell IP Holder, LLC. Chick-fil-A® is a registered trademark of CFA Properties, Inc. Chipotle® is a registered trademark of Chipotle Mexican Grill Inc. All rights reserved. The McDonald's Corporation, Burger King Company LLC, Taco Bell IP Holder, LLC, CFA Properties, Inc. and Chipotle Mexican Grill Inc. are not associated with nor do they endorse this promotion.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,500 stores in over 90 markets. Domino's had global retail sales of over $20.6 billion in the trailing four quarters ended June 14, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the second quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
Bank of New York Mellon Corp acquired a new position in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 263,735 shares of the restaurant operator’s stock, valued at approximately $78,076,000. Bank of New York Mellon Corp owned 0.80% of Domino’s Pizza as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the stock. Focus Partners Advisor Solutions LLC bought a new stake in shares of Domino’s Pizza during the 2nd quarter valued at $285,000. GSA Capital Partners LLP purchased a new position in shares of Domino’s Pizza in the second quarter valued at about $319,000. SWS Partners bought a new position in shares of Domino’s Pizza in the second quarter worth about $1,427,000. Oppenheimer Asset Management Inc. bought a new position in shares of Domino’s Pizza in the second quarter worth about $5,686,000. Finally, Investors Research Corp grew its position in shares of Domino’s Pizza by 9,900.0% during the second quarter. Investors Research Corp now owns 100 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 99 shares in the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.
Domino’s Pizza Stock Performance
Shares of DPZ opened at $349.91 on Wednesday. The company’s fifty day moving average is $326.86 and its 200 day moving average is $346.39. Domino’s Pizza Inc has a fifty-two week low of $282.00 and a fifty-two week high of $469.00. The stock has a market capitalization of $11.58 billion, a PE ratio of 19.85, a P/E/G ratio of 1.68 and a beta of 0.94.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The business had revenue of $1.19 billion for the quarter. During the same quarter last year, the firm posted $3.81 earnings per share. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. As a group, research analysts forecast that Domino’s Pizza Inc will post 18.88 earnings per share for the current year.
Domino’s Pizza Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.99 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.3%. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.15%.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on DPZ shares. Rothschild & Co Redburn lowered their price target on Domino’s Pizza from $340.00 to $290.00 in a report on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and set a $425.00 price objective on shares of Domino’s Pizza in a report on Tuesday, July 21st. Mizuho reduced their price objective on shares of Domino’s Pizza from $470.00 to $420.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 28th. JPMorgan Chase & Co. lowered their target price on shares of Domino’s Pizza from $430.00 to $380.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Finally, KeyCorp restated a “sector weight” rating on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Sixteen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $397.42.
View Our Latest Analysis on Domino’s Pizza
Insider Transactions at Domino’s Pizza
In other news, CEO Russell J. Weiner sold 10,850 shares of Domino’s Pizza stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the completion of the transaction, the chief executive officer owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total value of $4,002,957.20. Following the transaction, the executive vice president directly owned 9,352 shares in the company, valued at approximately $3,011,718.08. This represents a 57.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 24,254 shares of company stock valued at $7,888,924. 0.89% of the stock is owned by insiders.
Domino’s Pizza Company Profile
(Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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Domino's Pizza just snapped back 5% with no news driving the move, and the stock now sits at a valuation that looks cheap on paper but could stay that way if one critical sales metric refuses to budge.
Restaurant stocks are moving in opposite directions Friday, and neither shift ties to a verified corporate release today. Traders are weighing whether the sharper of the two rebounds marks a real bottom or a technical bounce inside a longer downtrend.
Domino’s Pizza (NASDAQ:DPZ | DPZ Price Prediction) stock is up 5% to $350.26 in midday trading, a session-level snapback after a 19% year-to-date (YTD) decline through Thursday’s close. Meanwhile, Chipotle Mexican Grill (NASDAQ:CMG) stock is up 2% to $38.14, riding an 11% gain over the past month.
The Invesco Food & Beverage ETF (NYSEARCA:PBJ) is up 0.6% to $48.09, pointing to a modestly firm sector backdrop. At the same time, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.1% to $771.62, so Domino’s Pizza stock is outrunning both the food group and the broad market.
Oversold Bounce Without a Fresh Catalyst No earnings release, filing, contract, or analyst rating change has been verified at either company today. The mechanism behind the rebound in Domino’s Pizza stock looks like oversold conditions reasserting themselves after a sustained decline.
The technical picture backs that read. Domino’s 14-day relative strength index slid from 71.76 on July 29 to 44.25 by August 27, a sharp loss of near-term momentum. Earlier in the year, RSI printed clearly oversold readings of 26.13 on May 15 and 29.29 on June 23, so the stock has repeatedly rewarded dip-buyers in 2026.
Beyond the chart, fundamentals also urge caution. Domino’s reported U.S. same-store sales growth of just 0.1% in Q2 2026, down from 3.4% a year earlier, and CEO Russell Weiner cited continued consumer-demand pressure across the broader U.S. QSR industry.
Does a 20x P/E Signal Value? The valuation math is where the day’s move gets interesting. Domino’s Pizza stock trades at a trailing twelve-month P/E ratio of 20x, a level that looks reasonable for a business built primarily on franchise royalties and supply-chain revenue.
Quality-of-earnings arguments have merit here. Domino’s operates more than 22,500 stores across over 90 markets under a 99% franchise model, and trailing four-quarter global retail sales exceeded $20.6 billion as of June 14. Digital channels drove more than 85% of U.S. retail sales in 2025, supporting a $1.99 quarterly dividend.
However, a defensible multiple alone doesn’t prove the drawdown is complete. For the pizza franchise, U.S. same-store sales momentum has faded to near zero. Investors weighing this level need to accept that a franchise flywheel can stay cheap if order growth doesn’t accelerate.
Chipotle Mexican Grill stock is telling a different story. Its RSI climbed from 42.87 on August 11 to 61.43 on August 27, a genuine momentum recovery from a mid-August slump. PBJ’s 7% YTD advance shows food and beverage names have quietly worked in 2026, even as Domino’s Pizza stock has lagged the group.
What to Watch Momentum traders can watch for a decisive hold above $350 on Domino’s Pizza stock into next week. Shareholders may focus on Domino’s Q3 2026 earnings report, typically delivered in October, as the next real test of order-count momentum.
Investors sizing their positions here would do well to treat today’s move as a technical rebound. A 20x multiple is defensible for a capital-light franchise model, and U.S. same-store sales still need to turn before the stock earns a full re-rating. Trimming exposure on strength, or waiting for confirmation of stabilizing comps, looks more prudent than chasing a single session.
Contact [email protected] for any questions or corrections.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Baird analyst Chris O’Cull downgraded Black Rock Coffee Bar Inc (NASDAQ:BRCB) from Outperform to Neutral and cut the price target from $12 to $10. Black Rock Coffee Bar closed at $9.25 on Friday. See how other analysts view this stock. Baird analyst Chris O’Cull downgraded Chipotle Mexican Grill Inc (NYSE:CMG) from Outperform to Neutral and slashed the price target from $44 to $40. Chipotle shares closed at $36.90 on Friday. See how other analysts view this stock. Baird analyst Chris O’Cull downgraded Domino’s Pizza Inc (NASDAQ:DPZ) from Outperform to Neutral and maintained the price target of $350. Domino’s closed at $341.85 on Friday. See how other analysts view this stock. Considering buying CMG stock? Here’s what analysts think:
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DPZ's 15.3% six-month slide reflects weak ticket trends and margin pressure, but order growth, loyalty gains and a discounted valuation support a hold.
Pre-Market Stock Futures: Futures are trading lower as we enter the final week of August, after a big risk-on Friday when traders and investors shook off a rough Thursday and all major indices finished the session higher. Financial media cited strong earnings, some positive economic numbers, and surging cryptocurrency strength as major reasons. The Dow Jones Industrials led the charge, closing up 0.98% at 53,277, and despite the solid bounce-back, the legacy index still posted back-to-back weekly losses. The small-cap Russell 2000 also had a strong session on Friday, closing up 0.85% at 3,017, and still leads all of the major indices up 21% in 2026. The S&P 500 closed Friday at 7,674, up 0.43%, and the tech-heavy Nasdaq closed out the day at 26,180, up 0.44%.
Treasury Bonds: So much for the Treasury Department buying the long end of the Treasury curve to lower rates; for the second day running, yields were higher across the entire Treasury complex. Friday’s close erased all the gains the surprise move generated on Wednesday, when the plan was announced. The 30-year long bond closed the day at a 5.27% yield, while the 10-year note was last seen at 4.47%.
Oil and Gas: Prices for the major oil benchmarks were essientially flat on Friday, as geopolitical tensions and the still-slow movement of cargo through the Strait of Hormuz continue to weigh on the sector. When the final bell rang on Friday, Brent Crude closed the day at $94.07, up o.29%, while West Texas Intermediate finished the day unchanged at $86.82. Natural gas had a solid day, closing at $2.76, up 0.91%
Gold: Precious metals closed out a wild week on a winning note as gold surged past the $4,500 level to close at $4,602, up 1.87%. Treasury bond buybacks, combined with technical strength and momentum, provided the tailwind the bullion needed as Gold closed the day at $4,602, up 1.87%, while Silver ended trading at $68.86, up 1.32%.
Crypto: Crypto markets surged higher on Friday, boosted by the U.S. Treasury’s plans to ramp up long-term bond buybacks and a fresh wave of regulatory optimism after a White House crypto summit that helped to push the Clarity Act forward. Our research indicates that much of Friday’s buying came from traders and hedge funds covering short positions.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations from Monday, August 24, 2026.
Upgrades: Celestica (NYSE: CLS | CLS Price Prediction) was upgraded to Buy from Neutral at UBS, which lifted the target price to $430 from $410. Darden Restaurants (NYSE: DRI) was raised to Outperform from Neutral at Baird, which raised the price target for the stock to $250 from $220. Golar LNG (NASDAQ: GLNG) was upgraded to Buy from Hold at Pareto, with a $70 target price. Janux Therapeutics (NASDAQ: JANX) was raised to Outperform from Peer Perform at Wolfe Research, with a $23 target price. PulteGroup (NYSE: PHM) was upgraded to Outperform from Peer Perform at Wolfe Research, with a $158 target price objective. Downgrades: Black Rock Coffee Bar (NASDAQ: BRCB) was downgraded to Neutral from Outperform at Baird, which trimmed the target price to $10 from $12. Chipotle Mexican Grill (NYSE: CMG) was cut to Neutral from Outperform at Baird, which lowered the target price for the popular restaurant chain to $40 from $44. Domino’s Pizza (NYSE: DPZ) was downgraded to Neutral from Outperform at Baird, with an unchanged $350 target price. Volaris (NYSE: VLRS) was downgraded to Neutral from Buy at BTG Pactual, with a $9 target price. Initiations: AstraZeneca (NYSE: AZN) was initiated with an Outperform rating at CICC, which has a $198 target price for the shares.
Brinker International (NYSE: EAT) was started with an Outperform rating at Baird, with a $325 target price. Fortune Brands Innovations (NYSE: FBIN) was started with an Overweight rating at Wells Fargo, with a $52 target price. Jersey Mike’s Subs (NYSE: JMKE) was initiated with an Overweight rating at Piper Sandler, with a $29 target price. Baird started the shares with an Overweight rating and a $27 target, while RBC Capital initiated the stock with an Outperform rating and a $28 target. The stock was a recent IPO. Roku (NASDAQ: ROKU) was assumed with a Neutral rating at JPMorgan, with a $160 target price. Contact [email protected] for any questions or corrections.
Berkshire Hathaway (BRKA -0.74%)(BRKB -0.55%) jettisoned 16 stocks since new CEO Greg Abel took the reins earlier this year, including Domino's Pizza (DPZ -0.64%). The sale of Domino's marked a stark reversal as Berkshire had spent several quarters building up a nearly 10% stake in the pizza chain.
While Berkshire Hathaway's new CEO is getting out of Domino's stock, I'm still holding. Even though the pizza stock has hit a rough patch, I have confidence in the long-term growth story, including its ability to continue increasing the dividend.
Image source: Getty Images.
A cold slice of realityThere's a reason Abel dumped Domino's stock. It has lost about a third of its value since the second quarter of 2024, when Berkshire began buying shares, with most of that decline occurring this year. That's due to its slowing growth.
During the first quarter, Domino's same-store sales growth slowed to an anemic 0.4% internationally and 0.9% in the U.S., as it battled what CEO Russell Weiner called a "intensifying macro and competitive environment." The war with Iran and continued inflation are impacting customer sentiment, with inflation having a meaningful impact on lower-income customers. That's leading rivals to aggressively discount to grab market share. Same-store sales growth slowed further in the second quarter to 0.1% in both the U.S. and international markets.
Today's Change
(
-0.64
%) $
-2.15
Current Price
$
334.37
A different appetiteBerkshire grabbed a slice of Domino's when Warren Buffett was still the CEO. He's no longer in charge of the company and its investment portfolio. New CEO Greg Abel has his own vision for the company, which he has started executing since taking over at the beginning of the year.
He embarked on a massive overhaul of the investment portfolio during the first quarter, dumping 16 positions, or a third of the portfolio. In addition to Domino's, Abel sold out of other very notable names, including Amazon, Visa, and Mastercard. Meanwhile, he significantly boosted the company's stake in Alphabet, tripling its holdings.
So, the sale of Domino's was more about Abel revamping Berkshire's entire investment portfolio than a specific vote against the stock.
Today's Change
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-0.55
%) $
-2.76
Current Price
$
496.86
My tastes haven't changedWhile I acknowledge that Domino's is facing some headwinds, its recent issues haven't altered my view. Despite sluggish same-store sales growth, the company's overall growth remains solid. Global retail sales rose 3.4% in the first quarter and 3% in the second quarter, driven by a growing store footprint (955 net store growth over the last 12 months). As the CEO pointed out in the second-quarter earnings press release, the growing store count is adding new customers, which will "strengthen our long-term growth flywheel by engaging with our loyalty program, while their orders power our supply chain business, fuel store growth, and drive market share."
Meanwhile, the company is still generating lots of cash ($352.6 million year-to-date). Domino's is allocating that money to grow shareholder value. It's investing in the business, strengthening its balance sheet (leverage has fallen from 4.7x to 4.3x over the past year), and returning cash to investors. The company's board approved an additional $1 billion share repurchase program in the first quarter, which boosted the total remaining authorization to almost $1.3 billion at the time. It also hiked its dividend by another 15% earlier this year.
That growing dividend is one of the things I find most satisfying about the stock. Domino's has grown its dividend by nearly 112% over the past five years. It can easily afford its current payment level (2.4% yield). It paid out $68.2 million in dividends during the first half of this year, only about 22% of its free cash flow ($313.6 million). That leaves lots of room to grow the payout while it works to reignite its sluggish growth.
Long-time CEO Russell Weiner stated in the second-quarter earnings release that: "My conviction in Domino's long-term growth potential remains as strong as ever...Domino's is uniquely positioned to continue gaining market share and delivering long-term value for shareholders."
I share that same conviction, even with the knowledge that Weiner has since announced he's stepping out of that role and becoming the Executive Chairman, with current COO Joe Jordan taking over as CEO. That internal succession is a sign of continuity, much as it was for Berkshire. I still believe the company can grow its earnings, dividend, and shareholder value over the long-term, which is why I plan to continue holding. And, given how cheap the stock has gotten, I'm considering grabbing another slice of Domino's.
Matt DiLallo has positions in Alphabet, Amazon, Berkshire Hathaway, Domino's Pizza, Mastercard, and Visa and has the following options: long June 2028 $180 calls on Amazon and short September 2026 $280 calls on Amazon. The Motley Fool has positions in and recommends Alphabet, Amazon, Berkshire Hathaway, Domino's Pizza, Mastercard, and Visa. The Motley Fool has a disclosure policy.
Key Takeaways Domino's holds roughly 23% of the pizza category, and management sees substantial long-term share potential.U.S. orders have more than doubled since 2008, helping drive about $7B in incremental retail sales.Aggregator orders are about 50% incremental, while Domino's added 995 net stores over the past four quarters. Domino’s Pizza, Inc. (DPZ - Free Report) already sits atop the global pizza industry, but management sees considerable room to widen its lead. The company estimates that it holds roughly 23% of the pizza category, well below the 40%-50% market shares commanded by leading quick-service restaurant brands in some other categories. While that comparison does not necessarily imply that Domino’s can reach those levels, management believes the gap highlights substantial long-term market-share potential.
The company’s argument rests primarily on order growth. Since the end of 2008, Domino’s has more than doubled the number of U.S. orders flowing through its system, generating double-digit market-share gains. Management estimates that the transaction growth helped produce roughly $7 billion in incremental retail sales, more than 2,100 net new stores and an almost 240% increase in franchisee store-level EBITDA. Domino’s views this combination of rising orders and disciplined pricing as the foundation for further share gains.
Third-party delivery platforms could widen Domino’s addressable customer base. The company believes it is already the No. 1 pizza brand on both Uber and DoorDash, yet management says it has not reached what it considers its fair share of the aggregator market. Domino’s continues to cite roughly 50% incrementality for aggregator orders, suggesting that a meaningful portion of those transactions comes from customers who might not otherwise have ordered directly from the brand.
Unit development represents another pathway to higher market share. Domino’s ended the second quarter with 22,531 stores globally, including 7,231 U.S. stores and 15,300 international locations. The system added 209 net stores during the quarter and 995 net stores over the trailing four quarters.
Risks remain. U.S. same-store sales rose just 0.1% in the second quarter as lower ticket offset stronger orders, while franchisee profitability pressures prompted Domino’s to trim its 2026 U.S. store-growth outlook to approximately 175 units. Still, sustained order growth, aggregator expansion and unit development suggest Domino’s 23% share could leave meaningful runway for further gains.
How Peers SBUX and YUM Pursue GrowthDomino’s is not alone in leaning on customer acquisition, digital engagement and unit expansion to build long-term growth. Its peers Starbucks Corporation (SBUX - Free Report) and Yum! Brands, Inc. (YUM - Free Report) are also using brand strength, innovation and technology to deepen customer engagement and expand their addressable markets.
Starbucks is gaining momentum through its Back to Starbucks strategy, which focuses on improving store execution, customer experience, menu innovation and loyalty. In third-quarter fiscal 2026, U.S. comparable sales rose 7.9%, supported by a 4.2% increase in transactions and 3.6% ticket growth. Starbucks Rewards reached 35.8 million 90-day active U.S. members, while Refreshers delivered double-digit U.S. revenue growth and helped the company broaden customer occasions. Starbucks also sees substantial whitespace for new coffeehouses in the United States and internationally, supporting its longer-term expansion opportunity.
Yum! Brands is similarly using value, innovation, digital engagement and development to drive share gains across its portfolio. Taco Bell delivered 7% same-store sales growth in the second quarter of 2026, outperforming the broader QSR industry for the ninth consecutive quarter, while digital mix reached 47%, up 5 percentage points year over year. Meanwhile, KFC posted 7% unit growth and sees significant international whitespace, including an estimated 20,000-unit opportunity across India, Southeast Asia, West Africa and Brazil. YUM’s strategy combines customer relevance with stronger restaurant economics and technology-driven engagement to support sustained growth.
DPZ’s Price Performance, Valuation & EstimatesDomino’s shares have lost 24.7% in the past year, underperforming the Zacks Retail - Restaurants industry, the broader Retail and Wholesale sector and the S&P 500 index.
DPZ 1-Year Price Performance
Image Source: Zacks Investment Research
In terms of its forward 12-month price-to-earnings ratio, DPZ is trading at 16.75, down from the industry’s 21.57.
DPZ P/E (F12M)
Image Source: Zacks Investment Research
DPZ’s earnings estimates for 2026 and 2027 have trended downward in the past 30 days. The revised estimates for 2026 and 2027 imply year-over-year growth of 4.2% and 7.5%, respectively.
DPZ Estimate Trend
Image Source: Zacks Investment Research
DPZ stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Aurora Investment Counsel acquired a new stake in Domino's Pizza Inc (NASDAQ: DPZ) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,123 shares of the restaurant operator's stock, valued at approximately $2,405,000. Domino's Pizza comprises about 1.2% of Aurora Investment Counsel's
A month has gone by since the last earnings report for Domino's Pizza (DPZ - Free Report) . Shares have added about 3% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Domino's Pizza due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.
Domino's Q2 Earnings Miss Estimates, Revenues Increase YoYDomino's reported second-quarter fiscal 2026 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and bottom lines increased on a year-over-year basis.
The company reported meaningful second-quarter order growth across both delivery and carryout channels despite persistent consumer demand pressures in the broader U.S. quick-service restaurant industry. Sustained order expansion remains a central component of Domino’s long-term growth framework, supported by new customer acquisition, greater loyalty program participation, increased supply chain throughput and continued store development. The company also cited its scale and competitive positioning as structural advantages that could support additional market-share gains and long-term shareholder value creation.
DPZ's Q2 Earnings & RevenuesDomino's reported second-quarter 2026 earnings of $4.07 per share, missing the Zacks Consensus Estimate of $4.11 by 1%. However, the bottom line increased 6.8% from $3.81 reported in the year-ago quarter.
Quarterly revenues of $1.19 billion surpassed the consensus estimate of $1.17 billion by 2.1% and rose 4.3% year over year. Higher supply chain revenues, franchise royalties and advertising revenues supported growth, while U.S. same-store sales increased 0.1% year over year.
DPZ's Q2 Supply Chain Business Drives Revenue GrowthSupply chain revenues increased to $731.7 million from $687.1 million reported in the prior-year quarter. The improvement reflected higher-order volumes and a 2.2% increase in food basket pricing. Our estimate for the metric was $749.9 million.
In the second quarter, U.S. franchise royalties and fees rose to $164.2 million compared with $156.3 million reported in the prior-year quarter. Our estimate for the metric was $140.7 million.
International franchise royalties and fees advanced to $81.8 million from $77.2 million, supported by net store growth and a $1.1 million favorable foreign currency impact. Our estimate for the metric was $82.8 million.
U.S. franchise advertising revenues increased to $134.9 million from $132.2 million. Our estimate for the metric was $119.1 million.
Domino's Q2 Comparable Sales Show Uneven DemandGlobal retail sales increased 3% year over year, excluding foreign currency movements. U.S. retail sales rose 1.9%, while international retail sales increased 4.1% on a constant-currency basis.
Comparable sales trends were more subdued. U.S. same-store sales edged up 0.1% compared with 3.4% growth a year earlier. Company-owned store comps increased 2.1% year over year, while franchise store comps were flat. International same-store sales declined 0.1% against a 2.4% increase reported in the prior-year quarter.
Domino's Q2 Margin Performance Remains MixedIn the second quarter, Gross margin dollars came in at $478.2 million compared with $461 million reported in the prior-year quarter. However, gross margin as a percentage of revenues contracted 30 basis points year over year to 40%. Our estimate for the metric was 39%.
Supply chain gross margin expanded 20 basis points year over year to 12%, aided by procurement productivity. The benefit was partly offset by higher food basket costs. General and administrative expenses came in at $115.4 million compared with $107.6 million reported in the prior-year quarter.
DPZ Posts Higher Operating Income and Net ProfitIn the second quarter, income from operations increased 3.1% year over year to $232 million. Excluding the favorable currency impact on international franchise royalties, operating income rose 2.6%, driven by franchise royalty growth and higher supply chain gross profit. Our estimate for the metric was $242.1 million.
Net income advanced 3.6% year over year to $135.8 million. Results also benefited from a favorable $3.6 million change in pre-tax unrealized and realized losses tied to the company’s investment in DPC Dash.
DPZ Extends Its Global Store ExpansionDomino’s posted global net store growth of 209 during the quarter. The company added 26 net stores in the United States and 183 internationally, bringing its worldwide store count to 22,531.
The U.S. system ended the period with 7,231 locations, while the international network reached 15,300 stores. Over the trailing four quarters, net store growth totaled 995, including 170 domestic and 825 international additions.
Domino's Cash Flow Moderates in the First HalfNet cash provided by operating activities totaled $352.6 million during the first two quarters of 2026, down from $366.9 million in the comparable 2025 period. Capital expenditures increased to $39 million from $35.2 million reported in the prior-year period.
Free cash flow declined 5.5% year over year to $313.6 million. The decrease reflected changes in operating assets and liabilities, along with the timing and amount of advertising-related payments. Cash and cash equivalents stood at $164.8 million as of June 14, 2026.
DPZ Returns Capital While Lowering LeverageDomino’s repurchased 443,917 shares for $156.2 million during the quarter. The company had $1.23 billion remaining under its share repurchase authorization at quarter-end.
The leverage ratio improved to 4.3 times from 4.7 times a year earlier. Following the quarter, the board declared a quarterly dividend of $1.99 per share, payable Sept. 30, 2026, to its shareholders of record as of Sept. 15.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended downward during the past month.
VGM ScoresCurrently, Domino's Pizza has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Domino's Pizza has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Domino's (DPZ -3.13%) at roughly 20 times earnings is not just a little cheaper than usual. Domino's is trading more than a third below its typical valuation over the past decade, a level the stock rarely touched even during pizza fatigue or delivery wars.
There are really only two explanations for why a brand this strong is suddenly this cheap. First, investors are scared that the GLP‑1 weight loss drug boom and sluggish traffic mean the Domino's growth story might be structurally broken. Last year, analysts even marked the ticker as a sell due to the rising popularity of weight loss drugs.
Image source: Getty Images.
Same-store sales are plateauing Over the last year, Domino's results have looked fine at the top line but tired underneath. Revenue is still growing in the low single digits, and the company continues to add stores, with about 180 net openings in Q1 and more than 200 in Q2, pushing the global footprint above 22,000 locations.
Yet U.S. same-store sales have barely moved, up 0.9% in Q1 and just 0.1% in Q2, and international comps have drifted slightly negative once you strip out foreign exchange. On paper, that is still growth. In sentiment, it looks like a chain that is working harder for not much more pizza.
Today's Change
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335.42
Weight loss drugs might be impacting sales Layer on the GLP‑1 story, and you can see why the market is jumpy. Analysts now expect tens of millions of Americans to be on drugs like Wegovy and Zepbound by 2030, with studies already showing real drops in calorie intake, sugar, and processed carbs. Restaurant data suggests GLP‑1 users eat out less, especially for high-calorie categories, and forecast models call for tens of billions of dollars of food and beverage sales to disappear as adoption rises.
Domino's CEO has said the chain has not yet seen a measurable GLP‑1 impact, but markets are forward-looking and are starting to price in the possibility that "late-night pizza because I feel like it" becomes a smaller habit.
Put these two things together, and the current valuation makes more emotional sense. Investors are not doubting Domino's ability to run a franchise system or manage costs. They are questioning whether the category can still deliver the kind of steady mid-single-digit comp growth that once supported a 30x earnings multiple.
If you believe GLP‑1 adoption and health habits will cap how much pizza people eat, a lower multiple feels rational. If you believe Domino's will adapt with value offers, menu tweaks, and global expansion while GLP‑1 impact stays modest, then today's pricing looks more like a fear discount on a still-powerful brand.
Domino's Pizza (DPZ) remains a Buy, supported by international expansion, resilient fundamentals, and an attractive valuation versus intrinsic value. DPZ delivered mixed Q2 results, with international store growth offsetting US consumer weakness and EPS miss; free cash flow declined 5.5% amid higher CAPEX. Management guides to mid- to high-single-digit operating income growth for 2026, while moderating US net store additions due to ongoing macro headwinds.
Domino's Pizza leverages an asset-light, franchise-driven model with over 22,500 stores, fueling scalable growth and steady operating leverage. DPZ trades at a forward P/E of 18.3, below its 10-year average, offering a 10% discount to a $401 fair value estimate and potential 24% upside by 2027. EPS is projected to grow 9.3% annually through 2028, supporting a 2.2% yield and 10% annual dividend growth, with a low-40% payout ratio.
Assenagon Asset Management S.A. boosted its stake in shares of Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 50.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 13,878 shares of the restaurant operator’s stock after acquiring an additional 4,680 shares during the period. Assenagon Asset Management S.A.’s holdings in Domino’s Pizza were worth $4,108,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in DPZ. Jump Financial LLC purchased a new position in Domino’s Pizza in the 2nd quarter worth approximately $3,183,000. Investment Management Corp of Ontario boosted its holdings in shares of Domino’s Pizza by 68.3% during the 2nd quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock worth $718,000 after purchasing an additional 647 shares during the last quarter. Sei Investments Co. grew its position in shares of Domino’s Pizza by 21.7% in the second quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock valued at $36,480,000 after purchasing an additional 14,452 shares in the last quarter. Glenview Trust co grew its position in shares of Domino’s Pizza by 36.9% in the second quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock valued at $511,000 after purchasing an additional 306 shares in the last quarter. Finally, HUB Investment Partners LLC increased its holdings in shares of Domino’s Pizza by 17.3% in the second quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock valued at $596,000 after purchasing an additional 195 shares during the last quarter. 94.63% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth Several research analysts have recently commented on DPZ shares. Citigroup reduced their price target on Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating on the stock in a report on Tuesday, July 7th. Weiss Ratings lowered shares of Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Jefferies Financial Group cut their price objective on shares of Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating for the company in a research report on Tuesday, April 28th. BTIG Research restated a “buy” rating and set a $425.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, July 21st. Finally, HSBC reduced their target price on shares of Domino’s Pizza from $601.00 to $544.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Seventeen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Domino’s Pizza presently has an average rating of “Moderate Buy” and a consensus target price of $397.42.
Get Our Latest Research Report on DPZ
Domino’s Pizza Stock Performance NASDAQ DPZ opened at $353.72 on Thursday. The firm has a 50 day simple moving average of $322.06 and a 200-day simple moving average of $350.57. Domino’s Pizza Inc has a one year low of $282.00 and a one year high of $469.00. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 1.72 and a beta of 0.94.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The company had revenue of $1.19 billion during the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business posted $3.81 EPS. Equities analysts predict that Domino’s Pizza Inc will post 18.88 EPS for the current fiscal year.
Domino’s Pizza Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio is 45.15%.
Insider Activity at Domino’s Pizza In related news, CEO Russell J. Weiner sold 10,850 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the transaction, the chief executive officer owned 43,829 shares in the company, valued at $14,499,948.07. This trade represents a 19.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total value of $4,002,957.20. Following the completion of the sale, the executive vice president owned 9,352 shares of the company’s stock, valued at approximately $3,011,718.08. This represents a 57.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 24,742 shares of company stock worth $8,041,746 over the last quarter. 0.89% of the stock is currently owned by insiders.
About Domino’s Pizza (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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New Detroit-style pizza made for one to roll out in stores nationwide on Aug. 31
Highlights:
The Domino does what traditional pizza can't; now everyone can enjoy their own pizza, with the toppings they want, without having to sacrifice when sharing a meal with friends and family. In independent testing, the Domino was rated as one of the most delicious products Domino's has ever introduced. , /PRNewswire/ -- After more than 65 years, Domino's Pizza Inc. (Nasdaq: DPZ) is introducing the first pizza worthy of its name: the Domino. Launching nationwide on Aug. 31, the new Detroit-style pizza made for one delivers the demands of today's modern pizza occasion, providing customization without compromise. Now everyone can enjoy their own pizza, with the toppings they want. Sharing a meal no longer means having to share a pizza.
Domino's is introducing the Domino: a Detroit-style pizza made for one, which will launch in stores nationwide on Aug. 31.
The Domino is made with premium, buttery-flavored pan dough encrusted with real Parmesan cheese and baked in a rectangular pan to create a crispy Parmesan Detroit-style crust. It is topped with two layers of cheese, customers' choice of sauce and up to three toppings, and finished with a drizzle of Domino's signature garlic seasoning. The Domino is shaped just like the brand's iconic logo and cut into two generous slices. It is handmade with premium, buttery-flavored pan dough encrusted with real Parmesan cheese and baked in a rectangular pan to create a crispy Parmesan Detroit-style crust. It is topped with two layers of cheese, customers' choice of sauce and up to three toppings, and finished with a drizzle of Domino's signature garlic seasoning.
"The Domino fills a gap in our portfolio," said Joe Jordan, chief operating officer and president of Domino's U.S., and incoming CEO. "When everyone wants something different, traditional pizza falls short. The Domino lets every person build the exact pizza they want. It's fitting that the next generation in pizza is shaped like the logo of the No. 1 pizza company in the world. The Domino is so mouthwatering that we gave it our name!"
In independent testing, consumers who tried the Domino rated it as one of the most delicious products Domino's has ever introduced. The Domino fills a consumer need that traditional pizza can't, as it's more customizable, portable and convenient. Where traditional pizza doesn't feed the need, the Domino comes in – from lunch on the go, to late-night snacks, to family pizza night where everyone wants something different.
Customers can enjoy Domino's newest pizza through the brand's Mix and Match Deal: Choose any two or more menu items, including a two-topping Domino, for $6.99 each*. To find the nearest store and place an order, visit dominos.com or download Domino's mobile app.
*Prices higher for some locations.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,500 stores in over 90 markets. Domino's had global retail sales of over $20.6 billion in the trailing four quarters ended June 14, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the second quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
Investors in Domino's Pizza, Inc. (DPZ - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Sept. 18, 2026 $230 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Domino's Pizza shares, but what is the fundamental picture for the company? Currently, Domino's Pizza is a Zacks Rank #3 (Hold) in the Retail – Restaurants industry that ranks in the Bottom 20% of our Zacks Industry Rank. Over the last 60 days, two analysts have increased their earnings estimates for the current quarter, while five have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $4.43per share to $4.42 in that period.
Given the way analysts feel about Domino's Pizza right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Cetera Investment Advisers boosted its position in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 23.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,963 shares of the restaurant operator’s stock after acquiring an additional 2,991 shares during the period. Cetera Investment Advisers’ holdings in Domino’s Pizza were worth $5,728,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the company. Berkshire Hathaway Inc raised its stake in shares of Domino’s Pizza by 12.3% during the fourth quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator’s stock valued at $1,396,347,000 after acquiring an additional 368,055 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of Domino’s Pizza by 0.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,008,278 shares of the restaurant operator’s stock worth $837,091,000 after purchasing an additional 7,497 shares during the last quarter. State Street Corp grew its stake in shares of Domino’s Pizza by 3.8% in the fourth quarter. State Street Corp now owns 1,368,924 shares of the restaurant operator’s stock worth $570,595,000 after purchasing an additional 49,613 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Domino’s Pizza by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,026,391 shares of the restaurant operator’s stock worth $432,033,000 after purchasing an additional 19,019 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Domino’s Pizza by 4.5% during the 4th quarter. Invesco Ltd. now owns 961,000 shares of the restaurant operator’s stock valued at $400,564,000 after purchasing an additional 41,170 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.
Domino’s Pizza News Summary Here are the key news stories impacting Domino’s Pizza this week:
Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $4.25 from $4.22, increased its Q4 2026 forecast to $6.00 from $5.98, and lifted its Q2 2027 estimate to $4.55 from $4.42. These revisions point to slightly stronger expectations for portions of the near-term earnings outlook. Domino’s Pizza analyst estimate report Neutral Sentiment: The current-year consensus EPS estimate remains approximately $18.90, while Zacks projects FY2026 EPS of $18.44. The small differences indicate that the revisions are unlikely to materially change the immediate earnings narrative on their own. Negative Sentiment: Zacks lowered its Q3 2027 EPS estimate to $4.64 from $4.79, cut Q4 2027 to $6.81 from $6.84, and reduced Q1 2028 to $4.58 from $4.60. It also lowered FY2026 EPS to $18.44 from $18.59, leaving the forecast below the current consensus. Negative Sentiment: The largest revision was to FY2028 EPS, which fell to $21.58 from $22.34. That reduction implies weaker longer-term earnings growth than previously expected and may be contributing to investor caution, particularly with the stock trading near its 200-day moving average. Analysts Set New Price Targets DPZ has been the subject of a number of recent analyst reports. Oppenheimer lowered their price target on Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating for the company in a research report on Tuesday, July 21st. Jefferies Financial Group reduced their target price on Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating on the stock in a research note on Tuesday, April 28th. BTIG Research restated a “buy” rating and set a $425.00 target price on shares of Domino’s Pizza in a report on Tuesday, July 21st. The Goldman Sachs Group decreased their target price on Domino’s Pizza from $480.00 to $430.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Finally, Northcoast Research dropped their price target on Domino’s Pizza from $525.00 to $445.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $402.16.
Check Out Our Latest Stock Report on Domino’s Pizza
Domino’s Pizza Price Performance DPZ stock opened at $347.44 on Monday. Domino’s Pizza Inc has a 1 year low of $282.00 and a 1 year high of $477.00. The firm has a 50-day moving average of $314.47 and a 200 day moving average of $353.06. The company has a market cap of $11.49 billion, a P/E ratio of 19.71, a PEG ratio of 1.67 and a beta of 0.94.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last posted its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing the consensus estimate of $4.17 by ($0.10). The firm had revenue of $1.19 billion for the quarter. Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $3.81 earnings per share. On average, equities research analysts expect that Domino’s Pizza Inc will post 18.88 earnings per share for the current fiscal year.
Domino’s Pizza Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $1.99 dividend. This represents a $7.96 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.15%.
Insider Buying and Selling In related news, EVP Kelly E. Garcia sold 12,430 shares of the company’s stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total value of $4,002,957.20. Following the sale, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $3,011,718.08. This represents a 57.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Russell J. Weiner sold 10,850 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the completion of the transaction, the chief executive officer owned 43,829 shares of the company’s stock, valued at approximately $14,499,948.07. This trade represents a 19.84% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 24,742 shares of company stock valued at $8,041,746. 0.89% of the stock is currently owned by company insiders.
Domino’s Pizza Company Profile (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
Recommended Stories Five stocks we like better than Domino’s Pizza 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story AbbVie Quietly Solved Its Biggest Problem—Now What? Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade Strategy’s Structural Strength: Hidden in a $8 Billion Illusion Want to see what other hedge funds are holding DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Domino’s Pizza Inc (NASDAQ:DPZ – Free Report).
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First Trust Advisors LP decreased its holdings in shares of Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 54.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,628 shares of the restaurant operator’s stock after selling 20,767 shares during the quarter. First Trust Advisors LP owned 0.05% of Domino’s Pizza worth $6,325,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently bought and sold shares of the business. Teacher Retirement System of Texas lifted its stake in shares of Domino’s Pizza by 55.7% in the 4th quarter. Teacher Retirement System of Texas now owns 45,212 shares of the restaurant operator’s stock valued at $18,845,000 after purchasing an additional 16,179 shares during the last quarter. Amica Mutual Insurance Co. increased its position in Domino’s Pizza by 59.8% during the fourth quarter. Amica Mutual Insurance Co. now owns 16,576 shares of the restaurant operator’s stock worth $6,909,000 after buying an additional 6,203 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Domino’s Pizza by 10.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 67,117 shares of the restaurant operator’s stock valued at $28,544,000 after buying an additional 6,223 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Domino’s Pizza by 21,977.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock valued at $381,254,000 after purchasing an additional 910,529 shares during the last quarter. Finally, Fisher Asset Management LLC raised its position in shares of Domino’s Pizza by 18.0% in the fourth quarter. Fisher Asset Management LLC now owns 34,632 shares of the restaurant operator’s stock valued at $14,436,000 after purchasing an additional 5,282 shares during the period. 94.63% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In Several research firms recently issued reports on DPZ. Piper Sandler decreased their price objective on shares of Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Robert W. Baird dropped their price target on Domino’s Pizza from $400.00 to $350.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 23rd. Loop Capital dropped their price objective on shares of Domino’s Pizza from $574.00 to $500.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Finally, Benchmark restated a “buy” rating on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Domino’s Pizza has a consensus rating of “Moderate Buy” and an average target price of $402.16.
Read Our Latest Stock Analysis on DPZ
Insider Transactions at Domino’s Pizza In other news, EVP Kelly E. Garcia sold 12,430 shares of the business’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the transaction, the executive vice president directly owned 9,352 shares in the company, valued at approximately $3,011,718.08. The trade was a 57.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of the firm’s stock in a transaction on Friday, July 17th. The stock was sold at an average price of $330.83, for a total value of $3,589,505.50. Following the sale, the chief executive officer directly owned 43,829 shares in the company, valued at $14,499,948.07. The trade was a 19.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 24,742 shares of company stock worth $8,041,746. Corporate insiders own 0.89% of the company’s stock.
More Domino’s Pizza News Here are the key news stories impacting Domino’s Pizza this week:
Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $4.25 from $4.22, increased its Q4 2026 forecast to $6.00 from $5.98, and lifted its Q2 2027 estimate to $4.55 from $4.42. These revisions point to slightly stronger expectations for portions of the near-term earnings outlook. Domino’s Pizza analyst estimate report Neutral Sentiment: The current-year consensus EPS estimate remains approximately $18.90, while Zacks projects FY2026 EPS of $18.44. The small differences indicate that the revisions are unlikely to materially change the immediate earnings narrative on their own. Negative Sentiment: Zacks lowered its Q3 2027 EPS estimate to $4.64 from $4.79, cut Q4 2027 to $6.81 from $6.84, and reduced Q1 2028 to $4.58 from $4.60. It also lowered FY2026 EPS to $18.44 from $18.59, leaving the forecast below the current consensus. Negative Sentiment: The largest revision was to FY2028 EPS, which fell to $21.58 from $22.34. That reduction implies weaker longer-term earnings growth than previously expected and may be contributing to investor caution, particularly with the stock trading near its 200-day moving average. Domino’s Pizza Stock Performance NASDAQ DPZ opened at $347.44 on Monday. The firm has a market cap of $11.49 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 1.67 and a beta of 0.94. The company has a 50 day moving average of $314.47 and a 200-day moving average of $353.06. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $477.00.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last announced its earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.10). Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The business had revenue of $1.19 billion during the quarter. During the same quarter in the prior year, the firm earned $3.81 earnings per share. Domino’s Pizza’s quarterly revenue was up 4.3% compared to the same quarter last year. On average, analysts forecast that Domino’s Pizza Inc will post 18.88 earnings per share for the current year.
Domino’s Pizza Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $1.99 per share. This represents a $7.96 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s payout ratio is currently 45.15%.
About Domino’s Pizza (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
Featured Articles Five stocks we like better than Domino’s Pizza 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story AbbVie Quietly Solved Its Biggest Problem—Now What? Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade Strategy’s Structural Strength: Hidden in a $8 Billion Illusion Want to see what other hedge funds are holding DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Domino’s Pizza Inc (NASDAQ:DPZ – Free Report).
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When customers order online, they'll receive $5 off their next order
, /PRNewswire/ -- Domino's Pizza Inc. (Nasdaq: DPZ) redesigned its website and app earlier this year to make it even better, but don't take our word for it. While other companies treat consumers like guinea pigs and ask them to test their sites and provide feedback for free, Domino's is paying customers to try its new digital ordering experience by giving them $5 off their next order.
Domino’s is paying customers to try its new digital ordering experience by giving them $5 off their next order. How Does It Work?
It's easy! Any customer who places a qualifying online order between Aug. 3-30 is eligible for a $5 off coupon, to be used the following week on a digital order. Domino's Rewards members will receive their coupon under "My Deals," while all other customers will receive theirs via email.
"We streamlined our website and app to make them bolder, brighter, more modern, and engaging for customers, but we want to hear from them," said Mark Messing, Domino's vice president of global digital marketing. "At the end of every online order, customers will have the chance to provide feedback on their ordering experience. While it's not required to receive the coupon, we'd still love to hear what worked for them and what we could improve because we know customer feedback is what matters most. Earning a discount on pizza for sharing your opinion may be the easiest side gig ever."
To place an order and be eligible to receive the $5 bounce back, order via dominos.com or Domino's mobile app.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,500 stores in over 90 markets. Domino's had global retail sales of over $20.6 billion in the trailing four quarters ended June 14, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the second quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
Kelly E. Garcia, EVP, Chief Tech & Data Ofcr of Domino's Pizza, Inc. (DPZ +2.45%), sold 12,430 shares on July 22, 2026, as disclosed in an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value~$4.0 millionShares sold12,430Post-transaction shares (directly held)9,351Post-transaction value~$2.99 millionTransaction value based on SEC Form 4 weighted average sale price ($322.04); post-transaction value based on July 22, 2026 market close ($319.83).
Key questionsWhat was the primary driver of this transaction?
The executive completed a cashless exercise of 12,430 options at $275.35 per share, immediately selling the resulting stock at $322.04 per share to realize a spread of $46.69 per share.How does this sale impact the insider's long-term stake?
By disposing of 57% of the total direct position held during this transaction, the executive has materially reduced direct equity exposure, retaining 9,351 shares.What is the valuation context of the disposal?
The weighted average sale price of $322.04 reflects a slight premium over the $319.83 market close on the day of the transaction, July 22, 2026.How does the insider's remaining ownership compare to the company's scale?
The remaining direct stake is valued at ~$2.99 million, representing a 0.0281% ownership interest in the $10.6 billion restaurant company.Company OverviewMetricValueShare Price (as of market close 2026-07-22)$319.83Market Capitalization$10.6 billionRevenue (TTM)$5.0 billionNet Income (TTM)$596.5 millionCompany SnapshotDomino's Pizza operates as a leading international and domestic pizza purveyor, generating revenue through the sale of Domino's-branded pizzas and complementary menu items including oven-baked sandwiches, distributed across a network of corporate-owned and franchised outlets.The company operates through three distinct business segments—U.S. Stores, International Franchise, and Supply Chain—leveraging a franchise-centric model that generates revenue from both company-operated store sales and royalties from franchisees.Domino's serves a broad consumer base spanning domestic and international markets, targeting price-conscious consumers seeking convenient pizza delivery and carryout options through its extensive distribution network.Domino's Pizza is a globally recognized quick-service restaurant operator with a market capitalization of $10.6 billion and TTM revenues of $5.0 billion. The company maintains a capital-efficient franchise-based business model that has enabled significant international expansion while generating recurring revenue streams from franchisee royalties and supply chain operations. Domino's competitive positioning is reinforced by its established brand recognition, technology-enabled ordering platforms, and extensive delivery infrastructure across both developed and emerging markets.
What this transaction means for investorsSEC Form 4 filings typically do not reveal why an insider sells, and Garcia’s sale of Domino’s stock may leave investors with more questions than answers.
The sale involves an options exercise, and these are typically conducted for the seller’s personal financial reasons. Nonetheless, since this involved 57% of Garcia’s holdings, one has to wonder whether the sale is more than a liquidity event.
Moreover, the sale happened at a time when the stock had recently set a new five-year low. Interestingly, the sale occurred after the company once run by Warren Buffett, Berkshire Hathaway, unloaded its entire Domino’s position.
Today's Change
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8.41
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Still, investors should remember that while Domino’s is a slower-growth business, it appears stable. Moreover, its P/E ratio of 18 is close to a multi-year low in its valuation. Also, the fact that Garcia held 43% of her shares could indicate continued faith in the company.
Nonetheless, between Garcia’s sale and Berkshire’s sale of Domino’s, it may be time to think twice about buying additional shares of this consumer discretionary stock.
Will Healy has positions in Berkshire Hathaway. The Motley Fool has positions in and recommends Berkshire Hathaway and Domino's Pizza. The Motley Fool has a disclosure policy.
Los clientes pueden disfrutar de un descuento del 50 % en cualquier pizza, independientemente del tamaño, el tipo de masa y los ingredientes que elijan.
, /PRNewswire-HISPANIC PR WIRE/ -- El verano ahora es mucho más sabroso. Domino's Pizza Inc. (Nasdaq: DPZ) quiere ayudar a sus clientes a disfrutar al máximo de la temporada ofreciendo un 50 % de descuento en todas las pizzas sobre el precio de carta, del 27 de julio al 2 de agosto.
La oferta estará disponible para entrega a domicilio o para llevar (take-away) y se podrá canjear en dominos.com, a través de la aplicación móvil de Domino's, por teléfono o en persona.
Domino’s ofrecerá descuentos de verano con un 50 % de ahorro en todas las pizzas sobre el precio de carta, del 27 de julio al 31 de agosto. "El verano es la época ideal para tener recuerdos, ya sea en una reunión en el jardín, una noche de cine en familia o simplemente compartiendo una comida con amigos", comentó Frank Garrido, vicepresidente ejecutivo y director de restaurantes de Domino's. "Durante una semana, los clientes podrán disfrutar de un 50 % de descuento en cualquier pizza sobre el precio de carta, sin importar el tipo de masa ni los ingredientes. Es una oportunidad estupenda para probar algo nuevo o disfrutar de sus pizzas favoritas por menos dinero".
La oferta de Domino's del 50 % de descuento se aplica a todas las pizzas que figuran en la carta. Los clientes pueden personalizar su pedido con los ingredientes que deseen, elegir entre seis tipos de masa o disfrutar de una de las pizzas especiales de Domino's, todo a mitad de precio.
Las combinaciones de pizza más populares del verano
¿Necesita ayuda para decidir qué pedir? Los chefs de Domino's Pizza han compartido algunas de sus combinaciones favoritas de pizza, inspiradas en el calorcito del verano y las barbacoas en el jardín:
Crunchy Thin Crust con sabrosa salsa de tomate, queso 100 % mozzarella, pepperoni, piña y jalapeño Consejo de experto: mójela en la salsa dulce de mango y habanero de Domino's. Parmesan Stuffed Crust con salsa barbacoa a la miel, queso elaborado con 100 % de mozzarella, pollo de primera calidad, beicon ahumado y mezcla de quesos cheddar Hand Tossed Crust con salsa de tomate de sabor intenso, queso 100 % mozzarella, ternera, beicon, champiñones frescos, cebolla fresca, tomate cortado en dados y queso provolone rallado Acerca de Domino's Pizza ®
Fundada en 1960, Domino's Pizza es la mayor cadena de pizzerías del mundo, con una importante presencia tanto en el servicio a domicilio como en las ventas para llevar. La compañía se encuentra entre las principales cadenas de restaurantes públicas del mundo, con una red global de más de 22 500 establecimientos en más de 90 mercados. Domino's registró ventas minoristas globales por más de 20 600 millones de dólares en los últimos cuatro trimestres finalizados el 14 de junio de 2026. Su red está formada por propietarios de franquicias independientes, que representaban el 99 % de los establecimientos de Domino's a finales del segundo trimestre de 2026. En Estados Unidos, Domino's generó más del 85 % de las ventas minoristas del país en 2025 a través de canales digitales y ha desarrollado numerosas plataformas innovadoras para realizar pedidos.
Customers can enjoy half off any size pizza, with any crust type and toppings
, /PRNewswire/ -- Summer just got a whole lot tastier. Domino's Pizza Inc. (Nasdaq: DPZ) is helping customers make the most of the season by offering 50% off all menu-priced pizzas from July 27-Aug. 2.
The deal is available for delivery or carryout and can be redeemed on dominos.com, via Domino's mobile app, over the phone or in person.
Domino’s is serving up summer savings by offering 50% off all menu-priced pizzas July 27-Aug. 2. "Summer is all about making memories, whether that's a backyard get-together, family movie night or simply sharing a meal with friends," said Frank Garrido, Domino's executive vice president – chief restaurant officer. "For one week, customers can enjoy 50% off any menu-priced pizza, with any crust and toppings. It's a great opportunity to try something new or enjoy your favorite pizza for less."
Domino's half-off offer applies to every menu-priced pizza. Customers can customize their order with any toppings, choose from six crusts or enjoy one of Domino's Specialty Pizzas – all for half the menu price.
Summer's Hottest Pizza Combinations
Need help deciding what to order? Domino's pizza chefs have shared some of their favorite pizza combinations inspired by the sweet heat of summer and backyard barbeques:
Crunchy Thin Crust with robust inspired tomato sauce, cheese made with 100% mozzarella, pepperoni, pineapple, jalapeno Pro tip: dip it in Domino's sweet mango habanero sauce! Parmesan Stuffed Crust with honey BBQ sauce, cheese made with 100% mozzarella, premium chicken, smoked bacon and cheddar cheese blend Hand Tossed Crust with robust inspired tomato sauce, cheese made with 100% mozzarella, beef, bacon, fresh mushroom, fresh onion, diced tomato and shredded provolone cheese About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 22,500 stores in over 90 markets. Domino's had global retail sales of over $20.6 billion in the trailing four quarters ended June 14, 2026. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the second quarter of 2026. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2025 via digital channels and has developed many innovative ordering platforms.
Caxton Associates LLP bought a new position in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,912 shares of the restaurant operator’s stock, valued at approximately $1,045,000.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Jump Financial LLC purchased a new position in Domino’s Pizza in the 2nd quarter worth about $3,183,000. Investment Management Corp of Ontario lifted its holdings in Domino’s Pizza by 68.3% during the 2nd quarter. Investment Management Corp of Ontario now owns 1,594 shares of the restaurant operator’s stock valued at $718,000 after buying an additional 647 shares in the last quarter. Sei Investments Co. boosted its position in Domino’s Pizza by 21.7% in the 2nd quarter. Sei Investments Co. now owns 80,964 shares of the restaurant operator’s stock valued at $36,480,000 after buying an additional 14,452 shares during the period. Glenview Trust co boosted its position in Domino’s Pizza by 36.9% in the 2nd quarter. Glenview Trust co now owns 1,135 shares of the restaurant operator’s stock valued at $511,000 after buying an additional 306 shares during the period. Finally, HUB Investment Partners LLC grew its stake in Domino’s Pizza by 17.3% in the 2nd quarter. HUB Investment Partners LLC now owns 1,322 shares of the restaurant operator’s stock worth $596,000 after acquiring an additional 195 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth A number of equities analysts have recently commented on DPZ shares. Stifel Nicolaus set a $400.00 target price on shares of Domino’s Pizza in a research report on Monday, April 27th. BMO Capital Markets lowered their price target on Domino’s Pizza from $450.00 to $420.00 and set an “outperform” rating for the company in a report on Tuesday, July 21st. BTIG Research reissued a “buy” rating and issued a $425.00 price objective on shares of Domino’s Pizza in a research note on Tuesday, July 21st. Wells Fargo & Company raised their price objective on Domino’s Pizza from $325.00 to $350.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Finally, TD Cowen lifted their target price on Domino’s Pizza from $295.00 to $310.00 and gave the company a “hold” rating in a research report on Monday, July 20th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Domino’s Pizza currently has a consensus rating of “Moderate Buy” and a consensus price target of $402.16.
Check Out Our Latest Stock Report on Domino’s Pizza
Domino’s Pizza News Summary Here are the key news stories impacting Domino’s Pizza this week:
Positive Sentiment: Wells Fargo raised its price target on Domino’s Pizza (DPZ) to $350, signaling improved expectations for the stock. Wells Fargo & Company Raises Domino’s Pizza (NASDAQ:DPZ) Price Target to $350.00 Positive Sentiment: BTIG Research reiterated a Buy rating on Domino’s Pizza, reinforcing a favorable analyst outlook. Domino’s Pizza (NASDAQ:DPZ) Earns Buy Rating from BTIG Research Positive Sentiment: Consensus analyst coverage remains supportive, with Domino’s Pizza receiving an average “Moderate Buy” recommendation. Domino’s Pizza Inc (NASDAQ:DPZ) Receives Average Recommendation of “Moderate Buy” from Analysts Positive Sentiment: Several articles argue Domino’s may still be undervalued or trading at an attractive earnings multiple after stronger-than-expected Q2 revenue, which can support bullish sentiment. Is Domino’s Pizza (DPZ) Undervalued After Stronger Than Expected Q2 Revenue? Neutral Sentiment: A piece on Domino’s trading at a premium to cash flow but a discount to earnings suggests the stock may be fairly valued rather than clearly expensive or cheap. Dominos (DPZ) Stock May Trade At A Premium To Cash Flow But A Discount To Earnings Neutral Sentiment: A short-interest update noted zero reported shares and no meaningful days-to-cover reading, so it does not provide a clear new directional signal for the stock. Negative Sentiment: Oppenheimer issued a more cautious forecast for Domino’s Pizza, and BMO Capital trimmed its price target to $420, which could temper enthusiasm. Oppenheimer Issues Pessimistic Forecast for Domino’s Pizza (NASDAQ:DPZ) Stock Price BMO Capital Markets Lowers Domino’s Pizza (NASDAQ:DPZ) Price Target to $420.00 Insider Buying and Selling at Domino’s Pizza In related news, EVP Kelly E. Garcia sold 487 shares of the company’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $297.01, for a total transaction of $144,643.87. Following the completion of the sale, the executive vice president directly owned 9,352 shares in the company, valued at $2,777,637.52. This represents a 4.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In the last three months, insiders sold 1,950 shares of company stock worth $611,451. Corporate insiders own 0.89% of the company’s stock.
Domino’s Pizza Price Performance Shares of DPZ stock opened at $332.97 on Monday. The firm has a market cap of $11.01 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 1.62 and a beta of 0.97. The company’s 50 day moving average is $310.79 and its 200 day moving average is $355.07. Domino’s Pizza Inc has a 52-week low of $282.00 and a 52-week high of $486.68.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last issued its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The business had revenue of $1.19 billion during the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the business earned $3.81 earnings per share. Analysts anticipate that Domino’s Pizza Inc will post 18.89 EPS for the current fiscal year.
Domino’s Pizza Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $1.99 dividend. This represents a $7.96 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Domino’s Pizza’s payout ratio is presently 45.15%.
Domino’s Pizza Company Profile (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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Asset Management Group Inc. grew its stake in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 47.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,393 shares of the restaurant operator’s stock after purchasing an additional 10,373 shares during the period. Domino’s Pizza makes up about 1.9% of Asset Management Group Inc.’s holdings, making the stock its 18th largest holding. Asset Management Group Inc. owned approximately 0.10% of Domino’s Pizza worth $11,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently made changes to their positions in DPZ. Huntleigh Advisors Inc. grew its holdings in Domino’s Pizza by 5.0% in the 4th quarter. Huntleigh Advisors Inc. now owns 530 shares of the restaurant operator’s stock valued at $221,000 after buying an additional 25 shares in the last quarter. Andina Capital Management LLC raised its holdings in shares of Domino’s Pizza by 3.1% during the 4th quarter. Andina Capital Management LLC now owns 1,097 shares of the restaurant operator’s stock worth $457,000 after acquiring an additional 33 shares during the period. Diversify Advisory Services LLC boosted its position in shares of Domino’s Pizza by 5.1% during the 3rd quarter. Diversify Advisory Services LLC now owns 682 shares of the restaurant operator’s stock valued at $275,000 after acquiring an additional 33 shares during the last quarter. Novem Group boosted its position in shares of Domino’s Pizza by 5.1% during the 4th quarter. Novem Group now owns 703 shares of the restaurant operator’s stock valued at $293,000 after acquiring an additional 34 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 34 shares during the period. Institutional investors and hedge funds own 94.63% of the company’s stock.
Wall Street Analysts Forecast Growth Several research firms recently issued reports on DPZ. Citigroup cut their price objective on shares of Domino’s Pizza from $365.00 to $335.00 and set a “neutral” rating for the company in a research report on Tuesday, July 7th. KeyCorp reissued a “sector weight” rating on shares of Domino’s Pizza in a research note on Tuesday. Oppenheimer cut their price target on shares of Domino’s Pizza from $465.00 to $415.00 and set an “outperform” rating for the company in a report on Tuesday, July 21st. Benchmark reaffirmed a “buy” rating on shares of Domino’s Pizza in a research report on Tuesday. Finally, Barclays decreased their price objective on Domino’s Pizza from $370.00 to $315.00 and set an “underweight” rating on the stock in a report on Monday, April 27th. Eighteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $402.16.
Get Our Latest Stock Analysis on Domino’s Pizza
Insider Transactions at Domino’s Pizza In related news, EVP Kelly E. Garcia sold 487 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $297.01, for a total value of $144,643.87. Following the sale, the executive vice president owned 9,352 shares in the company, valued at approximately $2,777,637.52. The trade was a 4.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 1,950 shares of company stock valued at $611,451 over the last 90 days. 0.89% of the stock is owned by insiders.
Domino’s Pizza Price Performance Shares of DPZ stock opened at $332.97 on Friday. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $486.68. The firm has a market cap of $11.01 billion, a PE ratio of 18.89, a price-to-earnings-growth ratio of 1.62 and a beta of 0.97. The company has a 50-day moving average of $310.79 and a two-hundred day moving average of $355.47.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The company had revenue of $1.19 billion during the quarter. During the same quarter last year, the business earned $3.81 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. Sell-side analysts anticipate that Domino’s Pizza Inc will post 18.89 EPS for the current fiscal year.
Domino’s Pizza Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $1.99 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a yield of 2.4%. Domino’s Pizza’s payout ratio is presently 45.15%.
Key Stories Impacting Domino’s Pizza Here are the key news stories impacting Domino’s Pizza this week:
Positive Sentiment: Wells Fargo raised its price target on Domino’s Pizza (DPZ) to $350, signaling improved expectations for the stock. Wells Fargo & Company Raises Domino’s Pizza (NASDAQ:DPZ) Price Target to $350.00 Positive Sentiment: BTIG Research reiterated a Buy rating on Domino’s Pizza, reinforcing a favorable analyst outlook. Domino’s Pizza (NASDAQ:DPZ) Earns Buy Rating from BTIG Research Positive Sentiment: Consensus analyst coverage remains supportive, with Domino’s Pizza receiving an average “Moderate Buy” recommendation. Domino’s Pizza Inc (NASDAQ:DPZ) Receives Average Recommendation of “Moderate Buy” from Analysts Positive Sentiment: Several articles argue Domino’s may still be undervalued or trading at an attractive earnings multiple after stronger-than-expected Q2 revenue, which can support bullish sentiment. Is Domino’s Pizza (DPZ) Undervalued After Stronger Than Expected Q2 Revenue? Neutral Sentiment: A piece on Domino’s trading at a premium to cash flow but a discount to earnings suggests the stock may be fairly valued rather than clearly expensive or cheap. Dominos (DPZ) Stock May Trade At A Premium To Cash Flow But A Discount To Earnings Neutral Sentiment: A short-interest update noted zero reported shares and no meaningful days-to-cover reading, so it does not provide a clear new directional signal for the stock. Negative Sentiment: Oppenheimer issued a more cautious forecast for Domino’s Pizza, and BMO Capital trimmed its price target to $420, which could temper enthusiasm. Oppenheimer Issues Pessimistic Forecast for Domino’s Pizza (NASDAQ:DPZ) Stock Price BMO Capital Markets Lowers Domino’s Pizza (NASDAQ:DPZ) Price Target to $420.00 Domino’s Pizza Profile (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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Domino’s Pizza Inc (NASDAQ:DPZ – Get Free Report) has received an average rating of “Moderate Buy” from the thirty-one research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eighteen have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $402.1613.
Several brokerages have recently commented on DPZ. Jefferies Financial Group lowered their price target on shares of Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating for the company in a research report on Tuesday, April 28th. Wells Fargo & Company boosted their price target on shares of Domino’s Pizza from $325.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Morgan Stanley cut their price objective on shares of Domino’s Pizza from $395.00 to $370.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Domino’s Pizza from $435.00 to $385.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Finally, Stifel Nicolaus set a $400.00 target price on shares of Domino’s Pizza in a report on Monday, April 27th.
Get Our Latest Analysis on DPZ
Key Domino’s Pizza News Here are the key news stories impacting Domino’s Pizza this week:
Positive Sentiment: Domino’s reported quarterly revenue of about $1.19 billion, topping estimates and signaling that sales momentum is holding up better than expected. Domino’s Pizza shares rise as quarterly revenue tops estimates Positive Sentiment: Analysts responded with multiple price-target updates that still imply meaningful upside, including BMO, Oppenheimer, Wells Fargo and BTIG, which supports the stock after earnings. These Analysts Revise Their Forecasts On Domino’s After Q2 Results Positive Sentiment: Some commentary highlighted strong free cash flow and attractive valuation, suggesting investors may view DPZ as inexpensive relative to its earnings power. Domino’s Pizza Delivers Strong FCF and FCF Margins – Is DPZ Stock Too Cheap? Neutral Sentiment: Domino’s launched S’mores Lava Cakes nationwide, a marketing/menu move that could help traffic but is not a major near-term earnings catalyst. Domino’s Pizza (DPZ) Launches S’mores Lava Cakes Nationwide Across The U.S. Negative Sentiment: Adjusted EPS missed consensus, and several reports said the outlook remains murky due to weaker ticket trends, promotion pressure and higher costs. Domino’s revenue beats estimates as supply-chain business offsets weak demand Negative Sentiment: CEO Russell Weiner sold 10,850 shares for about $3.6 million, which may raise some investor caution about insider sentiment. Domino’s CEO Russell Weiner Sells 10,850 Shares for $3.6 Million — Should Investors Be Worried? Insider Activity at Domino’s Pizza In related news, EVP Kelly E. Garcia sold 487 shares of Domino’s Pizza stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $297.01, for a total transaction of $144,643.87. Following the completion of the sale, the executive vice president directly owned 9,352 shares of the company’s stock, valued at $2,777,637.52. The trade was a 4.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 1,950 shares of company stock worth $611,451 over the last ninety days. 0.89% of the stock is owned by insiders.
Hedge Funds Weigh In On Domino’s Pizza Several institutional investors have recently modified their holdings of the stock. Teacher Retirement System of Texas grew its stake in Domino’s Pizza by 55.7% in the fourth quarter. Teacher Retirement System of Texas now owns 45,212 shares of the restaurant operator’s stock valued at $18,845,000 after acquiring an additional 16,179 shares during the period. Amica Mutual Insurance Co. increased its holdings in shares of Domino’s Pizza by 59.8% in the fourth quarter. Amica Mutual Insurance Co. now owns 16,576 shares of the restaurant operator’s stock worth $6,909,000 after acquiring an additional 6,203 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Domino’s Pizza by 10.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 67,117 shares of the restaurant operator’s stock worth $28,544,000 after acquiring an additional 6,223 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Domino’s Pizza by 21,977.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator’s stock worth $381,254,000 after purchasing an additional 910,529 shares during the period. Finally, Fisher Asset Management LLC lifted its holdings in shares of Domino’s Pizza by 18.0% during the 4th quarter. Fisher Asset Management LLC now owns 34,632 shares of the restaurant operator’s stock valued at $14,436,000 after purchasing an additional 5,282 shares in the last quarter. 94.63% of the stock is currently owned by institutional investors and hedge funds.
Domino’s Pizza Stock Down 2.0% DPZ stock opened at $319.83 on Thursday. The company has a market cap of $10.58 billion, a P/E ratio of 18.14, a PEG ratio of 1.61 and a beta of 0.97. Domino’s Pizza has a twelve month low of $282.00 and a twelve month high of $486.68. The business has a fifty day moving average of $309.79 and a 200-day moving average of $356.34.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last announced its quarterly earnings data on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). The firm had revenue of $1.19 billion during the quarter. Domino’s Pizza had a negative return on equity of 15.15% and a net margin of 11.86%.The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $3.81 EPS. As a group, equities research analysts anticipate that Domino’s Pizza will post 18.86 earnings per share for the current fiscal year.
Domino’s Pizza Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $1.99 dividend. This represents a $7.96 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is currently 45.15%.
Domino’s Pizza Company Profile (Get Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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Russell J. Weiner, Chief Executive Officer of Domino's Pizza, Inc. (DPZ -2.00%), reported a sale of 10,850 shares of common stock on July 17, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$3.6 millionShares sold10,850Post-transaction shares (total)47,161Post-transaction shares (directly held)43,828Post-transaction shares (indirectly held)3,333Post-transaction value$15.2 millionTransaction value based on SEC Form 4 weighted average sale price ($330.83); post-transaction value based on July 17, 2026, market close ($322.18).
Key questionsWhat was the structural nature of this disposition?
Russell J. Weiner employed an exercise-and-sell strategy, converting 10,850 options with a strike price of $136.89 into common stock, then immediately liquidating the shares at $330.83. This method allows executives to realize gains from equity compensation without an initial cash outlay for the exercise price.How is the insider's remaining equity distributed?
Following the transaction, the Chief Executive Officer retains 43,828 shares in direct ownership. Indirect exposure is maintained through 1,120 shares held by the Russell Weiner Trust Agreement U/A DTD 09/03/2003 and 2,213 shares held by the Russell J. Weiner 2023 Grantor Trust, totaling a $15.2 million stake.What governed the timing and execution of this trade?
The transaction was non-discretionary at the time of execution, as it was governed by a Rule 10b5-1 trading plan established on March 13, 2025, more than a year prior. This structural insulation means the trade was pre-scheduled regardless of the -31% one-year return for the stock as of the July 17, 2026, transaction date.What is the company's current financial profile relative to this activity?
Domino's Pizza continues to operate as a major global pizza purveyor with trailing twelve-month revenue of $5.0 billion and net income of $596.5 million. As of July 20, 2026, market close, the company had a market capitalization of $10.9 billion, with insiders collectively holding a 0.14% ownership stake.Company OverviewMetricValueShare Price (as of market close 2026-07-20)$328.97Market Capitalization$10.9 billionRevenue (TTM)$5.0 billionNet Income (TTM)$596.5 millionCompany SnapshotDomino's Pizza operates as a leading international and domestic pizza purveyor, generating revenue through the sale of Domino‘s-branded pizzas and complementary menu items, including oven-baked sandwiches, distributed across a vast network of corporate-owned and franchised outlets.The company operates through three distinct business segments—U.S. Stores, International Franchise, and Supply Chain—leveraging a franchise-based model that generates revenue from both direct store operations and royalties and fees from independent franchisees.Domino's serves consumers seeking convenient, value-oriented pizza delivery and carryout, with a primary customer base spanning residential and commercial markets across North America and internationally.Domino's Pizza has a market capitalization of $10.9 billion, TTM revenue of $5.0 billion, and net income of $596.5 million, positioning it as a significant player in the global quick-service restaurant sector. The company's franchise-centric operating model provides scalability and recurring revenue streams while minimizing capital intensity. Domino's competitive advantages include its established brand recognition, extensive distribution network spanning both domestic and international markets, and operational efficiency driven by technology-enabled ordering and delivery systems.
What this transaction means for investorsSince this transaction is part of a pre-planned, exercise-and-sell compensation strategy for Domino’s and its CEO, investors shouldn’t worry too much about it. We shouldn’t take this sale to heart too much in relation to DPZ stock or its recent performance.
From a Foolish perspective on Domino’s stock, I believe it is time for investors to start paying close attention to the steady-Eddie compounder. After completely reinventing its pizza in 2009, Domino’s went on to generate annualized total returns of 26% since -- even after the stock’s 34% pullback over the last year. While sales growth has slowed -- and the market may be sneaking up on saturation with over 22,500 locations globally -- the recent drawdown has Domino’s trading at a valuation it hasn’t seen since 2013.
Currently trading at just 17 times free cash flow (FCF), Domino’s would need to compound FCF by 5% annually over the long haul to live up to this discounted valuation, according to a reverse discounted cash flow calculation, which isn’t outrageous. Furthermore, the company has grown its dividend payments by 12% annually over the last decade, but these payments still use only 37% of Domino’s FCF, leaving ample room for further increases, and the 2.3% yield should be very secure. It may not be the most exciting investment right now, but Domino’s could be an excellent dividend-paying cornerstone for investors seeking more stability than many of today’s most popular AI or data center stocks offer.
Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Domino's Pizza. The Motley Fool has a disclosure policy.
Bank of New York Mellon Corp reduced its position in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 29.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 236,291 shares of the restaurant operator’s stock after selling 96,415 shares during the period. Bank of New York Mellon Corp owned about 0.71% of Domino’s Pizza worth $84,779,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in DPZ. Checchi Capital Advisers LLC lifted its position in shares of Domino’s Pizza by 29.3% in the 1st quarter. Checchi Capital Advisers LLC now owns 640 shares of the restaurant operator’s stock valued at $230,000 after acquiring an additional 145 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Domino’s Pizza by 168.4% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,691 shares of the restaurant operator’s stock valued at $607,000 after purchasing an additional 1,061 shares during the period. WJ Financial Advisors LLC purchased a new stake in shares of Domino’s Pizza in the first quarter valued at $689,000. Schwartz Investment Counsel Inc. purchased a new stake in shares of Domino’s Pizza in the first quarter valued at $19,733,000. Finally, Arbejdsmarkedets Tillaegspension boosted its position in shares of Domino’s Pizza by 26.2% in the first quarter. Arbejdsmarkedets Tillaegspension now owns 70,362 shares of the restaurant operator’s stock worth $25,245,000 after buying an additional 14,611 shares during the period. Hedge funds and other institutional investors own 94.63% of the company’s stock.
Domino’s Pizza Trading Down 0.8% DPZ opened at $326.34 on Wednesday. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 1.62 and a beta of 0.97. Domino’s Pizza Inc has a 1 year low of $282.00 and a 1 year high of $486.68. The stock has a fifty day moving average price of $309.57 and a 200 day moving average price of $357.03.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last issued its earnings results on Monday, July 20th. The restaurant operator reported $4.07 EPS for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.10). Domino’s Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm had revenue of $1.19 billion during the quarter. During the same quarter in the prior year, the business earned $3.81 EPS. Domino’s Pizza’s quarterly revenue was up 4.3% on a year-over-year basis. As a group, sell-side analysts forecast that Domino’s Pizza Inc will post 18.89 earnings per share for the current fiscal year.
Domino’s Pizza Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.99 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $7.96 dividend on an annualized basis and a yield of 2.4%. Domino’s Pizza’s dividend payout ratio is currently 45.15%.
Insiders Place Their Bets In related news, EVP Kelly E. Garcia sold 488 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $313.16, for a total transaction of $152,822.08. Following the transaction, the executive vice president owned 9,352 shares of the company’s stock, valued at approximately $2,928,672.32. This trade represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 1,950 shares of company stock worth $611,451 over the last 90 days. 0.89% of the stock is currently owned by company insiders.
Key Domino’s Pizza News Here are the key news stories impacting Domino’s Pizza this week:
Positive Sentiment: Domino’s beat revenue estimates in Q2, with sales up 4.3% year over year, and management highlighted stronger order volume across delivery and carryout. Domino’s revenue beats estimates as supply-chain business offsets weak demand Positive Sentiment: Analysts responded with several price-target updates, including Wells Fargo raising its target to $350 and BTIG reaffirming a Buy rating with a $425 target, suggesting some confidence in the longer-term setup. These Analysts Revise Their Forecasts On Domino’s After Q2 Results Positive Sentiment: Free cash flow and cash flow margins were described as strong, which is helping the stock appeal to value-oriented investors after the post-earnings reaction. Domino’s Pizza Delivers Strong FCF and FCF Margins – Is DPZ Stock Too Cheap? Wall Street Analysts Forecast Growth Several research analysts recently weighed in on DPZ shares. Piper Sandler dropped their price target on Domino’s Pizza from $421.00 to $359.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Weiss Ratings cut Domino’s Pizza from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Jefferies Financial Group dropped their target price on Domino’s Pizza from $400.00 to $350.00 and set a “hold” rating on the stock in a report on Tuesday, April 28th. Gordon Haskett reduced their price target on shares of Domino’s Pizza from $440.00 to $380.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Finally, Benchmark restated a “buy” rating on shares of Domino’s Pizza in a report on Tuesday. Eighteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $402.16.
Read Our Latest Stock Report on Domino’s Pizza
Domino’s Pizza Company Profile (Free Report)
Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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Domino’s Pizza (NASDAQ:DPZ) executives said second-quarter U.S. demand remained strong in terms of order counts, but a weaker-than-expected ticket dragged on same-store sales as the company lapped last year’s Stuffed Crust Pizza launch.
On the company’s rescheduled second-quarter 2026 earnings call, Chief Executive Officer Russell Weiner said the company grew order counts “meaningfully” across both delivery and carryout, even as the broader quick-service restaurant industry faced pressure from macroeconomic uncertainty and heightened competition. However, he said same-store sales fell short of expectations because the company’s premium series and Slice Sauce promotion did not resonate with customers enough to offset the prior-year benefit from Stuffed Crust.
“The miss on ticket was largely within our control, which means we can and will address it moving forward,” Weiner said.
Leadership Transition Announced The call also featured comments from Joe Jordan, Domino’s incoming CEO. Weiner said the board unanimously elected Jordan, who has spent 15 years with the company and most recently served as chief operating officer. Jordan is expected to become CEO in October, while Weiner said he will transition to executive chairman next year.
Jordan said Domino’s priorities remain focused on serving customers with food, value and experience, supporting franchisees and executing with discipline to drive long-term growth.
“We have an exceptional global franchise system, talented people, a culture of innovation and operational excellence, and a brand that continues to earn the trust of customers every day,” Jordan said.
Second-Quarter Sales Lifted by Store Growth, Pressured by Ticket Chief Financial Officer Sandeep Reddy said income from operations increased 2.6% in the second quarter, excluding foreign currency impacts and refranchising gains from the sale of certain U.S. company-owned store markets in the second quarters of 2026 and 2025. The increase was driven primarily by higher U.S. and international franchise royalties and fees, along with supply chain gross margin dollar growth tied to U.S. order count growth. Those gains were partially offset by higher general and administrative expenses related to the company’s biennial worldwide rally.
Global retail sales rose 3% excluding foreign currency, supported by nearly 1,000 net new stores over the past 12 months. U.S. retail sales increased 1.9%, driven primarily by net store growth, including 26 net new U.S. stores during the quarter. U.S. same-store sales rose 0.1%, with carryout comps up 1.1% and delivery comps down 0.7%. Pricing was up 0.2%.
Reddy said the U.S. comp reflected strong order count growth in the core business and continued growth through aggregator channels, offset by lower average ticket. The company said it believes QSR industry order counts were flat during the quarter, while Domino’s grew orders in total and separately in delivery and carryout.
Weiner said the company’s order count growth is central to its strategy because orders bring customers into its loyalty program and support the company’s supply chain business. He said Domino’s has more than doubled U.S. system orders since he joined the company at the end of 2008, contributing to market share gains, additional retail sales, net new stores and higher franchisee store-level EBITDA.
Aggregator Business and Product Innovation in Focus Executives highlighted continued growth on third-party delivery platforms. Weiner said Domino’s believes it is now the No. 1 pizza company on both Uber and DoorDash, while still seeing “a significant amount of growth ahead” to reach what it views as fair share on those platforms.
In response to an analyst question, Weiner said Domino’s prices at a premium on aggregators and aims to be profit neutral for franchisees. Reddy added that the company is being deliberate in pursuing aggregator growth to protect profitability, calling the channel “one more lever” to drive franchisee profitability.
Weiner also discussed the company’s “orchestration agent,” a back-of-house technology designed to time pizza production so orders are hotter when handed to delivery drivers or customers. He said the system applies to orders placed through Domino’s own channels as well as aggregators.
Domino’s is also preparing to launch a new pizza product later in the third quarter. Weiner said the product is intended to address an unmet consumer need and hit an occasion that the pizza category does not serve well today. He described it as “unlike anything we’ve offered before at Domino’s” and said customer testing showed it was one of the best-tasting products the company has tested.
The company has already changed its third-quarter promotional calendar, including adding Stuffed Crust to its Best Deal Ever promotion. Weiner said customer reaction indicated the change was the right move.
International Results Mixed International retail sales grew 4.1% excluding foreign currency, primarily due to net store growth over the past year, including 183 net new international stores in the quarter. International same-store sales declined 0.1%.
Reddy said international comps continued to be affected by Domino’s Pizza Enterprises, which remains focused on turning around its business, as well as macroeconomic and geopolitical uncertainty across global markets. Weiner said Domino’s is looking forward to working with Andrew Gregory, the incoming CEO of Domino’s Pizza Enterprises, and noted that China and India have continued to be standouts over time.
Guidance and Capital Allocation Domino’s maintained its expectation for U.S. same-store sales to increase in the low single digits for 2026, excluding the impact of a 53rd week. The company also continues to expect international same-store sales growth in the low single digits, including the benefit of the recently concluded World Cup soccer tournament.
The company adjusted its U.S. net store outlook to approximately 175 stores from its prior expectation of 175-plus, citing some pressure on the pipeline from macro conditions and a challenging start to the year that affected franchisee profitability. Domino’s continues to expect approximately 800 net new international stores and mid-single-digit global retail sales growth for the year.
Domino’s also maintained its expectation for mid- to high-single-digit operating income growth, excluding foreign currency, refranchising gains and the gain on the sale of its corporate aircraft.
Through the second quarter, Domino’s repurchased about 632,000 shares for $231 million year to date. Reddy said the company had approximately $1.23 billion remaining on its share repurchase authorization at quarter end and continues to expect to return meaningful cash to shareholders in 2026 and beyond.
About Domino’s Pizza (NASDAQ:DPZ) Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
Domino's Pizza, Inc. reported flat U.S. same-store sales, with order growth offset by lower average ticket values due to weak premium pizza demand. DPZ's operating margin remains resilient at 19.4%, but franchisee profitability and new U.S. store openings are under pressure from rising input costs and cautious consumer sentiment. The company's EV/EBITDA multiple has compressed to 14x, about 30% below its historical average but still at a sector premium, reflecting market skepticism.
Key Takeaways Domino's sees aggregators and carryout as key growth levers, with meaningful order incrementality.DPZ uses premium aggregator pricing and better fulfillment timing to support franchisee economics.Domino's scale, store density and supply chain help it compete despite weak near-term momentum. Domino’s Pizza, Inc. (DPZ - Free Report) is entering a phase in which pizza demand is less about one ordering channel and more about capturing occasions across delivery, carryout, loyalty and aggregators.
The company’s second-quarter fiscal 2026 results showed that order growth remains central to the story, even as ticket pressure, promotions and cautious consumer spending complicate the near-term setup.
DPZ's Aggregators Are Changing the PlaybookDomino’s continued to expand on Uber and DoorDash and believes it is now the leading pizza player on both platforms. Management still sees room to grow because the brand remains below what it views as its fair share of the broader aggregator marketplace.
The economics matter. Management continues to point to roughly 50% incrementality from aggregator orders, while premium pricing on those platforms is intended to keep franchisee profitability broadly neutral across channels.
Domino’s Carryout White Space Stands OutCarryout remains one of Domino’s clearer long-term growth levers. Management has said that when a new store opens, about 80% of the carryout business is incremental, rather than shifted from an existing location.
That supports the case for more U.S. development over time. Domino’s ended the fiscal second quarter with 7,231 U.S. stores and added 26 net U.S. stores in the period, while its carryout share of about 20% leaves room for further penetration.
DPZ's Technology Supports Better FulfillmentDomino’s orchestration agent is designed to connect third-party ordering and the company’s own operating platform more effectively. The goal is to align food preparation with driver availability and customer pickup timing.
That coordination matters in pizza. A pie made too early can sit before handoff, hurting temperature and the delivery experience. Better timing can protect product quality while supporting aggregator, delivery and carryout growth.
Domino’s Scale Is a Strategic EdgeDomino’s scale gives it tools that smaller operators often lack. Management points to lower market-basket costs for franchisees, a large advertising budget and supply-chain infrastructure as advantages in a promotional restaurant market.
That edge may matter more when pricing flexibility is limited. Papa John's International, Inc. (PZZA - Free Report) , which currently carries a Zacks Rank #5 (Strong Sell), is part of the same pizza-demand discussion, as investors assess which brands can balance value messaging with franchisee economics.
Yum! Brands, Inc. (YUM - Free Report) , which carries a Zacks Rank #3 (Hold) at present, gives investors another large franchised restaurant model to compare against Domino’s through Pizza Hut. The contrast highlights why digital execution, store density and supply-chain support remain central in pizza competition.
How DPZ's Ratings Capture the CrosscurrentsThe bottom line is that Domino’s long-term growth story still has several visible supports, including aggregators, carryout, loyalty, technology and scale. The near term is less clean, with second-quarter U.S. same-store sales up only 0.1% and ticket pressure offsetting meaningful order-count growth.
DPZ currently carries a Zacks Rank #4 (Sell). That rank reflects pressure in the estimate picture, including a decline in fiscal 2026 earnings estimates over the past 30 days.
The Style Scores show the split. Domino’s has a Growth Score of A, underscoring favorable longer-term growth characteristics, while its Momentum Score of F signals weak price and earnings momentum. For investors, that combination points to a business with structural strengths, but a stock that still needs cleaner execution and estimate support before sentiment improves.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Revenue increased 4.3% year over year to $1.194 billion, exceeding analysts’ estimates of $1.18 billion. Adjusted earnings came in at $4.07 per share, below the consensus estimate of $4.20.
“In the second quarter, Domino’s drove meaningful order count growth,” said Russell Weiner, Domino’s Chief Executive Officer. “I believe order growth is the most important driver of long-term success in our business. In a quarter where the broader U.S. QSR industry continued to face pressure on consumer demand, Domino’s generated order count growth across both our delivery and carryout businesses, bringing millions of new customers to our brand.”
Domino’s shares rose 0.6% to trade at $331.02 on Tuesday.
These analysts made changes to their price targets on Domino’s following earnings announcement.
TD Cowen analyst Andrew M. Charles maintained the stock with a Hold and raised the price target from $295 to $310. BMO Capital analyst Andrew Strelzik maintained the stock with an Outperform rating and cut the price target from $450 to $420. Evercore ISI Group analyst David Palmer maintained the stock with an Outperform rating and raised the price target from $350 to $375. Considering buying DPZ stock? Here’s what analysts think:
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Key Takeaways DPZ trades below industry, sector, market and five-year median valuation benchmarks after its pullback.Q2 revenues beat estimates, but EPS missed as U.S. same-store sales rose 0.1% and ticket trends softened.Margins and cash flow weakened as food, labor, insurance and higher capital spending pressured results. Domino’s Pizza, Inc. (DPZ - Free Report) has pulled back enough to make valuation part of the debate again. The stock no longer looks stretched compared with several benchmarks, and the company still has a powerful franchise model.
The harder question is whether that reset is enough. Estimate pressure, softer ticket trends, margin strain and weaker cash conversion make DPZ look more like a patient investor’s watchlist stock than a clear bargain.
DPZ Valuation Has Reset to Lower LevelsDPZ trades at 16.57X forward 12-month earnings. That compares with 22.63X for the Zacks sub-industry, 23.03X for the Zacks sector and 20.74X for the S&P 500 index.
The discount also shows up against Domino’s own history. Over the past five years, the stock has traded between 14.21X and 40.6X, with a five-year median of 25.16X. That lower multiple gives investors a reason to ask whether much of the disappointment is already reflected in the share price.
Domino’s Results Are Strong but Not CleanSecond-quarter fiscal 2026 revenues rose 4.3% year over year to $1.19 billion and beat the Zacks Consensus Estimate by $15.18 million. Earnings per share of $4.07 increased from $3.81 a year earlier but missed the consensus mark by 10 cents.
The positives were not minor. Supply-chain revenues increased, global franchise royalties improved and the system added 209 net stores, including 26 in the United States and 183 internationally. Papa John’s International, Inc. (PZZA - Free Report) , which currently carries a Zacks Rank #5 (Strong Sell), remains a relevant peer in the same pizza category, where value messaging, delivery demand and franchisee economics are central investor issues.
Still, the quarter had weak spots. U.S. same-store sales increased just 0.1%, and international same-store sales declined 0.1%, excluding currency. Management pointed to strong order counts, but lower average ticket limited the benefit.
DPZ's Margin Pressure Still Clouds the CaseDomino’s is leaning more heavily on value at a time when the broader restaurant market remains promotional. The company revised its second-half marketing calendar and added Stuffed Crust to its Best Deal Ever promotion.
That may support traffic, but it also keeps the ticket and margin debate alive. Pricing rose just 0.2% in the quarter, while weaker product mix weighed on comparable sales.
Cost pressure adds another layer of risk. U.S. company-owned store gross margin declined to 11.4% in the second quarter from 15.6% a year earlier. Food costs, labor costs and insurance all moved against the company.
McDonald’s Corporation (MCD - Free Report) , which currently carries a Zacks Rank #4 (Sell), is another useful reference point for investors watching value-led quick-service restaurant demand. Across the group, the challenge is not just driving visits but doing so without sacrificing too much pricing power or restaurant-level profitability.
Domino’s Cash Flow Leaves Some QuestionsCash generation also softened. Net cash provided by operating activities fell 3.9% year over year to $352.6 million in the first two fiscal quarters of 2026.
Free cash flow declined 5.5% to $313.6 million as capital expenditures rose to $39.0 million. The decline reflected changes in operating assets and liabilities, along with the timing and amount of advertising-related payments.
The balance sheet still requires attention. Long-term debt was about $4.88 billion at quarter-end, while first-half interest expense increased to $92.3 million from $90.2 million.
There are offsets. Domino’s repurchased $231.3 million of stock in the first half, had $1.23 billion remaining under its authorization and maintained a quarterly dividend of $1.99 per share. Its leverage ratio also improved to 4.3X from 4.7X a year earlier.
Why DPZ Ratings Favor PatienceThe bottom line is that DPZ has become more reasonably valued, but the operating setup is not yet clean enough to call the pullback a straightforward opportunity. The business still has durable advantages, yet ticket weakness, cost inflation and softer estimate trends keep the near-term case uneven.
DPZ stock currently carries a Zacks Rank #4. That rank points to caution over the next one to three months, especially with current-year earnings estimates down over the past 30 days.
The Style Scores tell a more mixed story. DPZ has a Growth Score of A, reflecting the appeal of its long-term business model. Its Value Score of C suggests only moderate cheapness, while a Momentum Score of F signals unfavorable near-term stock behavior. That combination supports a patient stance.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Domino's Pizza (DPZ +2.11%) reported Q2 earnings before the market opened on Monday, and it was a mixed bag for the world's largest pizza chain.
The company beat on revenue, which grew 4.3% year over year to $1.194 billion, slightly topping analysts' forecasts of $1.18 billion.
But the company's earnings per share (EPS) came in at $4.07, missing the analysts' consensus estimate of $4.11, yet handily beating the prior-year quarter's EPS of just $3.81, for a growth rate of $0.26/share, or 6.8%.
But the biggest news for Domino's investors was its unchanged forecast for the year, which still called for low-single-digit same-store sales growth in both U.S. and international locations.
Despite the lackluster report, shares finished up 3.1% over Friday's close, as big premarket gains on news of the revenue beat were trimmed in the opening hours of trading.
But is Domino's Pizza a buy after this report? Here's what investors need to know.
Image source: The Motley Fool.
Times are tough all over It's a challenging macroeconomic environment for Domino's.
On the one hand, consumers are being squeezed by inflation and a tepid job market, and are looking for ways to stretch their limited budgets. And with prices going up across the restaurant industry, including at many fast food chains, a large pizza remains one of the most economical ways to feed a family of four. That was borne out by the company's order count growth in both delivery and carryout during the quarter. CEO Russell Weiner cited "millions of new customers" who the company hopes will become repeat customers and drive further growth.
On the other hand, eating out -- even when you're eating something as affordable as pizza -- is still a discretionary purchase. Domino's isn't just competing against other quick-service restaurants but also against the more affordable option of cooking at home. That, too, appears to be borne out in the company's numbers, with U.S. year-over-year same-store sales growth of 0.1% representing the lowest since Q1 2025. With international same-store sales growth actually declining by 0.1%, it was the worst overall same-store sales growth picture in three years.
Cash-strapped consumers appear to be looking for bargains and discounts, which is likely to continue to impact the company's margins moving forward.
Image source: Getty Images.
Rising costs Domino's itself is getting pinched by the same economic factors affecting its customer base, including inflation and tariffs. Tomato prices, for example, hit record highs in April, according to the Consumer Price Index. And although they eased somewhat in May, they were still 20% more expensive in June than they were a year ago. Even though restaurants pay less for produce than retail consumers, rising costs for tomatoes and other ingredients either need to be passed along to consumers or weigh on the restaurant's bottom line.
At least for now, it appears as though Domino's has been successful in managing these increased costs. Supply chain revenue was up 6.5% on a 2.2% increase in "food-basket pricing," which indicates the company has passed moderate ingredient cost increases on to its franchisees. Cost of sales, however, still rose 4.7% over the prior year, to $716.2 million.
However, the company still predicts lackluster growth in the low single digits to persist throughout the year, as the macroeconomic outlook remains stagnant.
Although Domino's seems to be weathering a rough economic environment well, its shares are down 29.4% for the year, reflecting investor pessimism.
Today's Change
(
2.11
%) $
6.79
Current Price
$
328.97
From a value standpoint, that gives the company a price-to-earnings ratio of 19, easily the lowest it's been in a decade. At the same time, the company's dividend yield has risen to 2.3%. The company is likely to return to growth once the economy improves, but it may take some time.
Value investors who can be patient and wait out this rough patch will likely find the current share price a compelling entry point for this stalwart business. But in the near term, outperformance seems unlikely.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$282.00▼
$496.00Dividend Yield2.44%
P/E Ratio18.82
Price Target$400.57
The second-quarter earnings report from Domino's Pizza NASDAQ: DPZ reveals an intense tug-of-war between exceptional market share expansion and near-term margin deterioration. In a quick-service restaurant environment defined by flatlining order counts and weary consumers, Domino's is successfully driving record transaction volume.
Inflation is forcing a brutal consolidation across the broader restaurant industry, as budget-conscious diners pull back on discretionary spending. Domino's is purposefully absorbing that displaced market share through aggressive value pricing. Order counts are growing meaningfully across both carryout and delivery channels, proving that the underlying customer-acquisition model is highly effective right now.
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Weighing the Cost of Customer AcquisitionThe cost of that top-line customer acquisition is beginning to squeeze store-level economics, leading to a stark financial divergence. Domino's delivered a solid revenue beat of $1.19 billion, up 4.3% year over year. Earnings per share came in at $4.07, missing consensus estimates of $4.17.
For investors, this dynamic presents a classic transitional setup. Aggregator dominance and aggressive promotions are rapidly expanding the brand's customer base, but internal execution missteps on premium menu items have stalled average ticket growth.
With the stock trading near $328 and down roughly 22% year-to-date, Domino's is currently pricing in the friction of lowered unit development and margin compression. Understanding the mechanics of this volume-versus-ticket barbell strategy is essential to evaluating the underlying cash flow model.
Topping the Charts on Uber Eats and DoorDashDomino's historically resisted third-party delivery apps, preferring to keep customers within its proprietary digital ecosystem. That stance shifted recently, and the integration into Uber's NYSE: UBER Eats program and DoorDash NASDAQ: DASH has proven highly lucrative. Domino's quickly captured the number-one pizza market share position on both platforms.
Management noted a 50% incrementality rate from these channels. Structurally, incrementality means that half of the aggregator orders represent net-new business rather than existing customers migrating from the native app. These platforms act as top-of-funnel acquisition tools, feeding new consumers into the broader system.
Generating orders is only half the equation in the quick-service industry. To maintain healthy margins, operators must balance promotional volume with premium, higher-ticket items. This is where the second quarter stumbled.
Management attempted to capitalize on the highly successful 2025 launch of Stuffed Crust by introducing a premium Slice Sauce menu series. The new offering failed to resonate with consumers, creating a material drag on average ticket sizes.
Because the premium mix fell short of expectations, U.S. comparable sales essentially flatlined, posting a sluggish 0.1% growth rate. Volume was up, but consumers were spending less per order, completely offsetting the transaction gains.
Feeling the Heat in Store-Level ProfitsTo understand the market's reaction to the earnings miss, investors need to look at the structural mechanics of a franchise model. Corporate revenues benefit directly from higher transaction volumes through supply chain sales and top-line royalties. Indeed, supply chain gross margins expanded by 0.2 percentage points to 12% in the quarter, aided by procurement productivity outpacing a 2.2% increase in the food basket cost.
Franchisees bear the operational brunt of lower ticket sizes. When order counts rise but average checks fall, store-level labor and delivery costs consume a larger share of revenue, compressing the franchisee's profit margin.
The immediate fallout from this margin squeeze is a deceleration in new-store growth. Facing profitability headwinds, management proactively trimmed 2026 U.S. net unit development guidance to roughly 175 stores. International growth also faced friction, with same-store sales contracting 0.1%. A significant portion of this international drag stemmed from Domino's Pizza Enterprises, the largest master franchisee for Domino's, which intentionally reduced lower-margin promotional transactions to structurally reset its own profitability.
Wall Street is acutely aware of these margin pressures. Short interest remains elevated at 11%-12.5% of the total float, representing over 3 million shares sold short. Options markets similarly reflect near-term skepticism, with heavy put-buying indicating that institutional capital requires tangible proof of margin recovery before repricing the equity higher.
A New Chef in the Kitchen and Fresh Menu IdeasDespite near-term execution hurdles, the underlying business is capturing market share rapidly. Chief Operating Officer Joe Jordan assumes the chief executive role on October 1, 2026, inheriting a brand with unmatched scale and a highly effective customer acquisition engine.
Management is already pivoting to correct the ticket-size imbalance. Rather than relying on the underperforming Slice Sauce, Domino's swiftly integrated Stuffed Crust into its Best Deal Ever promotional tier. This functions as paid trial marketing, enticing budget-conscious consumers to trade up for a premium product at a perceived discount, which historically drives strong repeat purchase rates.
The brand teased a highly disruptive product innovation slated for the third quarter. While details remain protected, management indicated the new offering specifically targets out-of-category consumer spending, aiming to capture occasions where diners typically seek non-pizza alternatives. If successful, this launch could provide the exact premium ticket boost needed to balance the current volume surge.
The most compelling leading indicator for long-term investors is the revamped Flywheel loyalty program, which just reported a 20% increase in active users. Capturing new customers through third-party aggregators and converting them into direct loyalty members practically guarantees sticky, recurring revenue for years to come.
Should You Grab a Slice of Domino's Stock?Overall MarketRank™99th Percentile
Analyst RatingModerate Buy
Upside/Downside22.3% Upside
Short Interest LevelHealthy
Dividend StrengthStrong
News Sentiment0.58 Insider TradingSelling Shares
Proj. Earnings Growth9.27%
See Full Analysis
The current valuation reflects a heavily scrutinized near-term outlook. Trading at a trailing price-to-earnings ratio of 18.79 and offering a reliable 2.42% dividend yield, Domino's presents a compelling fundamental setup for those willing to look past the immediate friction in franchisee development. Consensus price targets hover around $400.57, implying over 21% upside from current levels.
The structural advantages of sheer scale, a dominant digital ordering ecosystem, and loyalty program expansion provide a floor for long-term cash generation. Investors may want to add Dominos to a watchlist, monitoring the upcoming third-quarter product launch to see if management can successfully stabilize average ticket sizes while maintaining the current momentum in order count growth. Those with a higher risk tolerance might view the recent multiple compression as a prime entry point into a best-in-class operator navigating a temporary execution hurdle.
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Key Takeaways DPZ's Q2 EPS of $4.07 missed estimates, while revenues rose 4.3% YoY to $1.19B.DPZ's Q2 U.S. same-store sales rose 0.1% as supply chain revenues climbed to $731.7 million.Domino's added 209 stores, cut leverage to 4.3x and declared a $1.99 quarterly dividend. Domino's Pizza, Inc. (DPZ - Free Report) reported second-quarter fiscal 2026 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and bottom lines increased on a year-over-year basis.
The company reported meaningful second-quarter order growth across both delivery and carryout channels despite persistent consumer demand pressures in the broader U.S. quick-service restaurant industry. Sustained order expansion remains a central component of Domino’s long-term growth framework, supported by new customer acquisition, greater loyalty program participation, increased supply chain throughput and continued store development. The company also cited its scale and competitive positioning as structural advantages that could support additional market-share gains and long-term shareholder value creation.
DPZ's Q2 Earnings & RevenuesDomino's reported second-quarter 2026 earnings of $4.07 per share, missing the Zacks Consensus Estimate of $4.11 by 1%. However, the bottom line increased 6.8% from $3.81 reported in the year-ago quarter.
Quarterly revenues of $1.19 billion surpassed the consensus estimate of $1.17 billion by 2.1% and rose 4.3% year over year. Higher supply chain revenues, franchise royalties and advertising revenues supported growth, while U.S. same-store sales increased 0.1% year over year.
DPZ's Q2 Supply Chain Business Drives Revenue GrowthSupply chain revenues increased to $731.7 million from $687.1 million reported in the prior-year quarter. The improvement reflected higher-order volumes and a 2.2% increase in food basket pricing. Our estimate for the metric was $749.9 million.
In the second quarter, U.S. franchise royalties and fees rose to $164.2 million compared with $156.3 million reported in the prior-year quarter. Our estimate for the metric was $140.7 million.
International franchise royalties and fees advanced to $81.8 million from $77.2 million, supported by net store growth and a $1.1 million favorable foreign currency impact. Our estimate for the metric was $82.8 million.
U.S. franchise advertising revenues increased to $134.9 million from $132.2 million. Our estimate for the metric was $119.1 million.
Domino's Q2 Comparable Sales Show Uneven DemandGlobal retail sales increased 3% year over year, excluding foreign currency movements. U.S. retail sales rose 1.9%, while international retail sales increased 4.1% on a constant-currency basis.
Comparable sales trends were more subdued. U.S. same-store sales edged up 0.1% compared with 3.4% growth a year earlier. Company-owned store comps increased 2.1% year over year, while franchise store comps were flat. International same-store sales declined 0.1% against a 2.4% increase reported in the prior-year quarter.
Domino's Q2 Margin Performance Remains MixedIn the second quarter, Gross margin dollars came in at $478.2 million compared with $461 million reported in the prior-year quarter. However, gross margin as a percentage of revenues contracted 30 basis points year over year to 40%. Our estimate for the metric was 39%.
Supply chain gross margin expanded 20 basis points year over year to 12%, aided by procurement productivity. The benefit was partly offset by higher food basket costs. General and administrative expenses came in at $115.4 million compared with $107.6 million reported in the prior-year quarter.
DPZ Posts Higher Operating Income and Net ProfitIn the second quarter, income from operations increased 3.1% year over year to $232 million. Excluding the favorable currency impact on international franchise royalties, operating income rose 2.6%, driven by franchise royalty growth and higher supply chain gross profit. Our estimate for the metric was $242.1 million.
Net income advanced 3.6% year over year to $135.8 million. Results also benefited from a favorable $3.6 million change in pre-tax unrealized and realized losses tied to the company’s investment in DPC Dash.
DPZ Extends Its Global Store ExpansionDomino’s posted global net store growth of 209 during the quarter. The company added 26 net stores in the United States and 183 internationally, bringing its worldwide store count to 22,531.
The U.S. system ended the period with 7,231 locations, while the international network reached 15,300 stores. Over the trailing four quarters, net store growth totaled 995, including 170 domestic and 825 international additions.
Domino's Cash Flow Moderates in the First HalfNet cash provided by operating activities totaled $352.6 million during the first two quarters of 2026, down from $366.9 million in the comparable 2025 period. Capital expenditures increased to $39 million from $35.2 million reported in the prior-year period.
Free cash flow declined 5.5% year over year to $313.6 million. The decrease reflected changes in operating assets and liabilities, along with the timing and amount of advertising-related payments. Cash and cash equivalents stood at $164.8 million as of June 14, 2026.
DPZ Returns Capital While Lowering LeverageDomino’s repurchased 443,917 shares for $156.2 million during the quarter. The company had $1.23 billion remaining under its share repurchase authorization at quarter-end.
The leverage ratio improved to 4.3 times from 4.7 times a year earlier. Following the quarter, the board declared a quarterly dividend of $1.99 per share, payable Sept. 30, 2026, to its shareholders of record as of Sept. 15.
DPZ’s Zacks RankDomino's currently has a Zacks Rank #4 (Sell).
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The Zacks Consensus Estimate for Five Below’s 2026 sales and EPS indicates growth of 14.8% and 35.1%, respectively, from the year-ago period’s levels.
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The Zacks Consensus Estimate for FIGS’ 2026 sales and EPS indicates growth of 15.5% and 36.8%, respectively, from the prior-year levels.
Dutch Bros Inc. (BROS - Free Report) carries a Zacks Rank of 2 at present. The company delivered a trailing four-quarter earnings surprise of 31.6%, on average. BROS stock has increased 11.7% in the past six months.
The Zacks Consensus Estimate for Dutch Bros’ 2026 sales and EPS indicates growth of 26.9% and 22.4%, respectively, from the prior-year levels.
On this episode of Stock Movers: - AMC Entertainment (AMC) shares jumped after it reported strong adjusted Ebitda for the second quarter that beat the average analyst estimate. - Domino's Pizza Group (DPZ) is moving following news its US comparable sales growth fell to its slowest pace in five quarters, suggesting consumers continue to pull back on dining out, with pizza faring worse than burgers or burrito bowls.
Domino's Pizza (DPZ - Free Report) came out with quarterly earnings of $4.07 per share, missing the Zacks Consensus Estimate of $4.11 per share. This compares to earnings of $3.81 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -0.97%. A quarter ago, it was expected that this pizza chain would post earnings of $4.29 per share when it actually produced earnings of $4.13, delivering a surprise of -3.73%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Domino's Pizza, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $1.19 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.07%. This compares to year-ago revenues of $1.15 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Domino's Pizza shares have lost about 22.7% since the beginning of the year versus the S&P 500's gain of 8.9%.
What's Next for Domino's Pizza?While Domino's Pizza has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Domino's Pizza was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $4.31 on $1.2 billion in revenues for the coming quarter and $18.88 on $5.16 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Restaurants is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Cheesecake Factory (CAKE - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 28.
This restaurant chain is expected to post quarterly earnings of $1.16 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level.
Cheesecake Factory's revenues are expected to be $996.23 million, up 4.2% from the year-ago quarter.
Domino's Pizza (DPZ - Free Report) reported $1.19 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.3%. EPS of $4.07 for the same period compares to $3.81 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.17 billion, representing a surprise of +2.07%. The company delivered an EPS surprise of -0.97%, with the consensus EPS estimate being $4.11.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Domino's Pizza performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Store counts - Opened - Total: 250 versus the five-analyst average estimate of 244.Store counts - U.S. Company-owned Stores: 186 versus 263 estimated by five analysts on average.Store counts - U.S. Franchise Stores: 7,045 versus 6,976 estimated by five analysts on average.Store counts - International Stores: 15,300 compared to the 15,281 average estimate based on five analysts.Store counts - Total: 22,531 versus the five-analyst average estimate of 22,520.Same store sales growth - U.S. stores: 0.1% versus the five-analyst average estimate of -0.3%.Store counts - Total U.S. Stores: 7,231 versus 7,239 estimated by five analysts on average.Revenues- U.S. franchise advertising: $134.9 million versus the six-analyst average estimate of $132.66 million. The reported number represents a year-over-year change of +2%.Revenues- U.S. Company-owned stores: $81.83 million compared to the $87.2 million average estimate based on six analysts. The reported number represents a change of -11.5% year over year.Revenues- Supply chain: $731.71 million versus the six-analyst average estimate of $718.84 million. The reported number represents a year-over-year change of +6.5%.Revenues- International franchise royalties and fees: $81.82 million versus the six-analyst average estimate of $82.28 million. The reported number represents a year-over-year change of +6%.Revenues- U.S. franchise royalties and fees: $164.17 million compared to the $157.1 million average estimate based on six analysts. The reported number represents a change of +5.1% year over year.View all Key Company Metrics for Domino's Pizza here>>>
Shares of Domino's Pizza have returned +3.1% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Contrarian Alert: 5 Downgraded Stocks That May Reward Long-Term InvestorsDomino's Pizza NASDAQ: DPZ executives said second-quarter U.S. demand remained strong in terms of order counts, but a weaker-than-expected ticket dragged on same-store sales as the company lapped last year’s Stuffed Crust Pizza launch.
On the company’s rescheduled second-quarter 2026 earnings call, Chief Executive Officer Russell Weiner said the company grew order counts “meaningfully” across both delivery and carryout, even as the broader quick-service restaurant industry faced pressure from macroeconomic uncertainty and heightened competition. However, he said same-store sales fell short of expectations because the company’s premium series and Slice Sauce promotion did not resonate with customers enough to offset the prior-year benefit from Stuffed Crust.
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MarketBeat Week in Review – 06/22 - 06/26“The miss on ticket was largely within our control, which means we can and will address it moving forward,” Weiner said.
Leadership Transition Announced The call also featured comments from Joe Jordan, Domino’s incoming CEO. Weiner said the board unanimously elected Jordan, who has spent 15 years with the company and most recently served as chief operating officer. Jordan is expected to become CEO in October, while Weiner said he will transition to executive chairman next year.
Domino's Stock Slides to 52-Week Low as Investors Digest CEO ChangeJordan said Domino’s priorities remain focused on serving customers with food, value and experience, supporting franchisees and executing with discipline to drive long-term growth.
“We have an exceptional global franchise system, talented people, a culture of innovation and operational excellence, and a brand that continues to earn the trust of customers every day,” Jordan said.
Second-Quarter Sales Lifted by Store Growth, Pressured by Ticket Chief Financial Officer Sandeep Reddy said income from operations increased 2.6% in the second quarter, excluding foreign currency impacts and refranchising gains from the sale of certain U.S. company-owned store markets in the second quarters of 2026 and 2025. The increase was driven primarily by higher U.S. and international franchise royalties and fees, along with supply chain gross margin dollar growth tied to U.S. order count growth. Those gains were partially offset by higher general and administrative expenses related to the company’s biennial worldwide rally.
Global retail sales rose 3% excluding foreign currency, supported by nearly 1,000 net new stores over the past 12 months. U.S. retail sales increased 1.9%, driven primarily by net store growth, including 26 net new U.S. stores during the quarter. U.S. same-store sales rose 0.1%, with carryout comps up 1.1% and delivery comps down 0.7%. Pricing was up 0.2%.
Reddy said the U.S. comp reflected strong order count growth in the core business and continued growth through aggregator channels, offset by lower average ticket. The company said it believes QSR industry order counts were flat during the quarter, while Domino’s grew orders in total and separately in delivery and carryout.
Weiner said the company’s order count growth is central to its strategy because orders bring customers into its loyalty program and support the company’s supply chain business. He said Domino’s has more than doubled U.S. system orders since he joined the company at the end of 2008, contributing to market share gains, additional retail sales, net new stores and higher franchisee store-level EBITDA.
Aggregator Business and Product Innovation in Focus Executives highlighted continued growth on third-party delivery platforms. Weiner said Domino’s believes it is now the No. 1 pizza company on both Uber and DoorDash, while still seeing “a significant amount of growth ahead” to reach what it views as fair share on those platforms.
In response to an analyst question, Weiner said Domino’s prices at a premium on aggregators and aims to be profit neutral for franchisees. Reddy added that the company is being deliberate in pursuing aggregator growth to protect profitability, calling the channel “one more lever” to drive franchisee profitability.
Weiner also discussed the company’s “orchestration agent,” a back-of-house technology designed to time pizza production so orders are hotter when handed to delivery drivers or customers. He said the system applies to orders placed through Domino’s own channels as well as aggregators.
Domino’s is also preparing to launch a new pizza product later in the third quarter. Weiner said the product is intended to address an unmet consumer need and hit an occasion that the pizza category does not serve well today. He described it as “unlike anything we’ve offered before at Domino’s” and said customer testing showed it was one of the best-tasting products the company has tested.
The company has already changed its third-quarter promotional calendar, including adding Stuffed Crust to its Best Deal Ever promotion. Weiner said customer reaction indicated the change was the right move.
International Results Mixed International retail sales grew 4.1% excluding foreign currency, primarily due to net store growth over the past year, including 183 net new international stores in the quarter. International same-store sales declined 0.1%.
Reddy said international comps continued to be affected by Domino’s Pizza Enterprises, which remains focused on turning around its business, as well as macroeconomic and geopolitical uncertainty across global markets. Weiner said Domino’s is looking forward to working with Andrew Gregory, the incoming CEO of Domino’s Pizza Enterprises, and noted that China and India have continued to be standouts over time.
Guidance and Capital Allocation Domino’s maintained its expectation for U.S. same-store sales to increase in the low single digits for 2026, excluding the impact of a 53rd week. The company also continues to expect international same-store sales growth in the low single digits, including the benefit of the recently concluded World Cup soccer tournament.
The company adjusted its U.S. net store outlook to approximately 175 stores from its prior expectation of 175-plus, citing some pressure on the pipeline from macro conditions and a challenging start to the year that affected franchisee profitability. Domino’s continues to expect approximately 800 net new international stores and mid-single-digit global retail sales growth for the year.
Domino’s also maintained its expectation for mid- to high-single-digit operating income growth, excluding foreign currency, refranchising gains and the gain on the sale of its corporate aircraft.
Through the second quarter, Domino’s repurchased about 632,000 shares for $231 million year to date. Reddy said the company had approximately $1.23 billion remaining on its share repurchase authorization at quarter end and continues to expect to return meaningful cash to shareholders in 2026 and beyond.
About Domino's Pizza (NASDAQ:DPZ)Domino’s Pizza, Inc NASDAQ: DPZ is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
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HomeIndustriesFood/Beverages/TobaccoEarnings ResultsEarnings ResultsJuly 20, 2026, 9:24 a.m. ET
Domino’s reported a 4% increase in year-on-year revenue. Photo: Joe Raedle/Getty ImagesShares of Domino’s jumped Monday after the pizza-delivery giant beat Wall Street’s consensus on revenue, citing franchisees buying more supplies.
The Ann Arbor, Mich.–headquartered company reported a 4% year-on-year increase in revenue to $1.194 billion in the second quarter — beating analysts’ average estimate by about 2.5%, according to data collected by London Stock Exchange Group.