DOMINOS PIZZA INC

Domino's Pizza, Inc. is the largest pizza company in the world with over 20,500 locations in more than 90 markets. The company operates two distinct service models, delivery and carryout, and generates revenues through royalties and fees from franchised stores, sales of food, equipment, and supplies to franchisees, and operating a network of Company-owned stores in the United States. Domino's is primarily a franchisor, with approximately 99% of its global stores owned and operated by independent franchisees. The company's business model is based on delivering quality, affordable food with easy ordering access and efficient service, enhanced by technological innovations. Domino's operates three business segments: U.S. stores, international franchise, and supply chain. The U.S. stores segment accounted for $1.45 billion, or 32%, of the company's consolidated revenues in 2023. This segment is comprised primarily of franchise operations and Company-owned stores in the United States. The international franchise segment accounted for $310.1 million, or 7%, of the company's consolidated revenues in 2023, and is comprised of a network of franchised stores in over 90 international markets. The supply chain segment accounted for $2.72 billion, or 61%, of the company's consolidated revenues in 2023, and is responsible for producing and delivering fresh dough and other complementary items to substantially all of the company's U.S. stores and most of its Canadian franchised stores. Domino's website is <https://www.dominos.com/> and its ticker symbol is DPZ. The company's business strategy is to offer most delicious food, operational excellence, renowned value, and enhanced by best-in-class franchisees. Domino's is the market share leader in both delivery and carryout in the U.S. pizza industry, with approximately 30% share of delivery dollars and approximately 19% share of carryout/drive-thru QSR pizza consumer spending. The company's menu features pizza products with varying sizes and crust types, as well as side items and other complementary items. Domino's operates two distinct service models within its stores, with a significant business in both delivery and carryout. The majority of its stores are constructed in the carryout-friendly Pizza Theater design, which offers casual seating and enables customers to watch the preparation of their orders. Domino's has a strong and proven business model, with a focus on technological innovation, product innovation, and a cost-efficient store model. The company's menu simplifies and streamlines production and delivery processes and maximizes economies of scale on purchases of principal food items. Domino's has a strong and well-diversified franchise system, which has produced strong cash flows and earnings for the company, enabling it to invest in the Domino's brand, stores, technology, and supply chain centers, pay dividends, repurchase and retire shares of its common stock, and service its debt obligations.