Domino's

Domino's Pizza, Inc. (Nasdaq: DPZ) operates as the largest pizza company in the world, with more than 22,100 locations across over 90 markets globally as of December 2025. The company maintains its corporate presence at dominos.com and serves customers through both delivery and carryout service models.

The company operates through three primary business segments. The U.S. stores segment, representing 32.6% of consolidated revenues, comprises 6,924 franchised stores and 262 company-owned stores operated by approximately 754 independent franchisees. The international franchise segment accounts for 6.9% of revenues and includes 14,956 franchised stores primarily operated under master franchise agreements across international markets. The supply chain segment generates 60.5% of revenues through the operation of 22 regional dough manufacturing and supply chain centers in the U.S., five in Canada, two thin crust manufacturing facilities, and one vegetable processing center, serving over 7,800 stores with fresh dough and complementary food products.

Domino's operates as a highly asset-light franchisor model, with approximately 99% of global stores owned and operated by independent franchisees. The company generates revenues through royalty fees charged to franchisees, technology fees, supply chain operations, and retail sales from company-owned stores. The business model emphasizes strong store-level economics, featuring a delivery and carryout-oriented store design with moderate capital requirements and a simplified menu focused on quality, value-oriented pizza and complementary items.

The company employs approximately 10,200 people, including roughly 6,000 supporting U.S. stores and franchise operations, 3,200 in supply chain operations, 100 in international franchise operations, and 900 corporate employees. Domino's maintains significant competitive advantages through its recognized global brand equity, proven business model generating consistent cash flows, technological innovation including digital ordering platforms and proprietary point-of-sale systems, vertically integrated supply chain operations, and strong franchisee relationships. The company's "Hungry for MORE" strategy focuses on delivering the most delicious food, operational excellence, renowned value, and enhanced franchisee partnerships to drive sales, store growth, and profitability globally.