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NYSE: DPZ CLASS ACTION NOTICE: Berger Montague Encourages Domino's Pizza (NYSE: DPZ) Investors to Inquire About a Securities Fraud Class Action
GlobeNewswire News Room· 2024-10-18 13:07
PHILADELPHIA, Oct. 18, 2024 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against Domino's Pizza, Inc. ("Domino's" or the "Company") (NYSE: DPZ). The lawsuit has been filed on behalf of purchasers of Domino's securities between December 7, 2023 and July 17, 2024, inclusive (the "Class Period"). CLICK HERE TO LEARN MORE ABOUT THIS LAWSUIT. Investors who purchased or acquired DOMINO'S securities during the Class Period may, no later than NOVEMBER 19, 2024, seek to be appointed as a lead ...
Domino's® Appoints Kate Trumbull as Executive Vice President and Chief Marketing Officer
Prnewswire· 2024-10-17 11:07
ANN ARBOR, Mich., Oct. 17, 2024 /PRNewswire/ -- Domino's Pizza Inc. (NYSE: DPZ), the largest pizza company in the world, today announced the promotion of Kate Trumbull to Executive Vice President, Chief Marketing Officer, effective Nov. 1, 2024. In her new role, Trumbull will oversee global marketing and continue to report to Joe Jordan, President, U.S. and Global Services. Additionally, Risa O'Hara and the international marketing team will report to Trumbull as part of this expanded global marketing organi ...
DPC Dash Announces Key Milestones and Shareholder Update Regarding Domino's Pizza
Prnewswire· 2024-10-17 09:14
Core Viewpoint - DPC Dash, the exclusive master franchisee for Domino's Pizza in China, is experiencing robust growth and has achieved significant milestones in 2024, including a strong financial performance and an expanding store network [1][2][4]. Company Performance - DPC Dash reported a positive net profit after tax and adjusted net profit after tax for the first half of 2024, indicating effective management strategies despite challenging macroeconomic conditions [2]. - The store count reached 978 in the third quarter of 2024, with plans to exceed 1,000 by mid-November [2]. - The third quarter marked the 29th consecutive quarter of positive same-store sales growth, reflecting the company's commitment to quality and customer satisfaction [2]. - DPC Dash secured 28 of the top 30 positions for first 30-day sales among Domino's global network of over 21,000 stores, showcasing the strength of the Domino's brand and DPC Dash's operational expertise [2]. - Total loyalty program membership surged to 21.7 million, indicating increased customer engagement [2]. Shareholder Update - Domino's Pizza LLC agreed to allocate 10,000,000 shares of DPC Dash, representing 7.66% of its total issued share capital, to institutional investors through off-market block trades [3]. - Following this share transfer, Domino's Pizza LLC retains 8,101,019 shares, accounting for 6.21% of DPC Dash's total issued share capital [3]. - Domino's Pizza LLC has committed to a 90-day lock-up period for its remaining shares, maintaining a strong relationship with DPC Dash rooted in their long-term Master Franchise Agreement [3]. Management Commentary - The CEO of Domino's Pizza expressed satisfaction with DPC Dash's performance and growth, highlighting the importance of the equity investment in providing growth capital [4]. - The CEO of DPC Dash emphasized the positive impact of the liquidity event on trading liquidity and the attraction of long-term investors, while looking forward to continuing the relationship with Domino's Pizza [4]. Company Overview - DPC Dash operates as the exclusive master franchisee for Domino's Pizza in China, Hong Kong, and Macau, with a focus on a localized pizza menu and delivery expertise [5]. - As of September 30, 2024, DPC Dash operates more than 978 stores across 33 cities in China [5]. - Domino's Pizza, Inc. is the largest pizza company globally, with over 21,000 stores and retail sales exceeding $18.9 billion for the trailing four quarters ended September 8, 2024 [6].
DPZ Stock Alert: Robbins LLP Reminds Investors with Large Losses of the Class Action Lawsuit Against Dominio's Pizza, Inc.
GlobeNewswire News Room· 2024-10-16 22:45
SAN DIEGO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities who purchased or otherwise acquired Domino's Pizza, Inc. (NYSE: DPZ) securities between December 7, 2023 and July 17, 2024. Domino's, through its subsidiaries, operates as a global pizza company that offers pizzas and other food products under the Domino's brand name through Company-owned and franchised stores. For more information, submit a form, email att ...
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Domino's Pizza
GlobeNewswire News Room· 2024-10-16 14:45
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Domino's To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Domino's between December 7, 2023 and July 17, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Oct. 16, 2024 (GLOBE ...
DOMINO'S PIZZA SECURITIES FRAUD NOTICE: Berger Montague Informs Domino's Pizza (NYSE: DPZ) Investors of Securities Fraud Lawsuit
GlobeNewswire News Room· 2024-10-15 13:06
PHILADELPHIA, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Domino's Pizza, Inc. ("Domino's" or the "Company") (NYSE: DPZ) on behalf of purchasers of Domino's securities between December 7, 2023 through July 17, 2024, inclusive (the "Class Period"). Investors that suffered losses from DOMINO'S (NYSE: DPZ) investments can follow the link below for more information regarding the lawsuit: CLICK HERE to learn more about the ...
Analysts set Domino's stock price target
Finbold· 2024-10-14 11:31
After Domino's Pizza (NYSE: DPZ) released its Q3 2024 earnings report on October 10, shares, which opened at $407.38, quickly reached a price of $429.67 by the closing bell on Friday, October 11. The stock is now in the green on the year-to-date (YTD) chart, having rallied by 3.91% over the course of that timeframe. A 5.47% surge like this isn't too noteworthy on its own — however, despite posting a strong beat in terms of earnings per share (EPS), DPZ failed to meet consensus estimates regarding revenue. O ...
Why Domino's Pizza Was Such a Tasty Stock on Friday
The Motley Fool· 2024-10-11 22:47
The market continued to be impressed by the previous day's convincing bottom-line beat. One trading session after Domino's Pizza (DPZ 5.12%) delivered its latest set of quarterly earnings figures, the company's shares zoomed more than 5% higher on Friday. A clutch of pundits tracking the stock weighed in on those results, and investors chose to accept the more positive takes. That 5%-plus share price rise was far higher than the 0.8% advance of the S&P 500 across the day. A powerful earnings beat For its th ...
Domino's Pizza: Q3 Earnings Highlight Challenges Heading Into 2025
Seeking Alpha· 2024-10-11 13:40
If you enjoyed this, consider Ian's Insider Corner to enjoy access to similar initiation reports for all the new stocks that we buy. Membership also includes an active chat room, weekly updates, and my responses to your questions. I last covered Domino's Pizza (NYSE: DPZ ) in May 2023, suggesting that shares were a buy thanks to a historically cheap valuation and upbeat growth prospects in international markets. Shares have rallied about 40% since then, making Ian leads the investing group Ian's Insider Cor ...
Domino's Pizza: Strong Financial Health Supports Rapid Dividend Growth
Seeking Alpha· 2024-10-11 01:27
The concept of collecting a dividend from companies that I am a consumer of triggers the endorphins in my brain and create a pleasant experience. The same can be said when eating a slice of pizza. It was a rainy night Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking out high ...