With close to 17,500 operational restaurants all over the world and a presence in more than 90 countries, Domino’s Pizza is one of the largest pizza chains in the world. Investors looking for a restaurant stock to buy will not want to overlook a behemoth like Domino’s Pizza. Domino’s incredibly sells an average of 3 million pizzas every single day. The pandemic has had a devastating effect on the restaurant business, with many smaller independent establishments facing permanent closure. In such times, businesses that have successfully built a digital presence and incorporate the delivery or takeaway model are the ones that have managed to survive. Domino’s is among those stronger names, and its business model benefits from many competitive advantages.
Some Facts About Domino’s Pizza
Domino’s Pizza touched total sales of $4 billion in 2020. Out of that amount, nearly half came from the US and the other half from international markets. India is the largest market for Dominoes outside the US. The company has more than 1,300 stores in the south Asian nation. The UK and Ireland region is the second-largest international market for Domino’s after the US and India, while Mexico is the third-largest. Domino’s has relied heavily on the franchise model to drive its growth, and about 94% of all Domino’s stores are franchise-owned. Domino’s has also been successful in adapting its menu to local markets where it expands. There are an incredible 34 million ways to create a Domino’s Pizza. Domino’s is big on the digital side of things, and it generated a significant 70% of sales from digital ordering. If you are looking to buy restaurant stocks, then there is no doubt that Domino’s is among the leading names.
Restaurant Stock To Buy
Domino’s Pizza does big business on New Year’s Eve and Halloween. Super Bowl Sunday is also a big event for the company. In fact, Domino’s sells about 2 million pizzas on Super Bowl Sunday. Domino’s also has the distinction of 109 consecutive quarters of positive same-store sales growth. This run is still active as of Q12021.
