Here's how much money you'd have if you invested $1,000 in Domino's pizza 10 years ago (via CNBCMakeIt)
In 2011, one share of Domino's cost less than $30, enough to get you a few pies and a 2-liter bottle of Coke. The pizza chain was still in the midst of a major rebrand that saw it toss out its old recipe andBut over the past decade, Domino's has undergone one of the biggest transformations not only in fast food, but also in corporate America. At nearly $480, the price of a single share of Domino's today could pay for an entire pizza party.
Domino's transformation can't be pinned on a single factor, but instead on a savvy rebrand that saw the company improve every aspect of its business, says analyst John Gordon of Pacific Management Consulting Group, who has 45 years of experience in the restaurant industry. Domino's also led the way, along with Starbucks and Panera, in digitizing its operation. It built out its website and app, and encouraged customers to stop placing orders over the phone and instead do it through the company's online platforms, which Gordon says allowed stores to run more efficiently.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Cardi B's swanky $1.5m pad in the Caribbean gifted to her by OffsetCardi B received a very expensive birthday gift from her husband Offset, as he bought her a sprawling mansion in the Dominican Republic
Read more »
Morgan Stanley fattens profit by $1 billion as investment banking revenue jumpsMorgan Stanley on Thursday said its third-quarter net income rose to $3.7 billion or $1.98 a share, from $2.7 billion, or $1.66 a share, in the year-ago period. Revenue increased to $14.8 billion from $11.7 billion a year ago.
Read more »
NHL started its $1 billion deal with ESPN and Turner Sports – here's how many people watched the season openersThe NHL returned to ESPN with a doubleheader that averaged 884,000 viewers, and TNT's coverage attracted more than 669,000 viewers.
Read more »
ESPN’s Adam Schefter Says Resurfaced Email to Source Went a “Step Too Far”'The criticism being levied is fair,' the network's NFL reporter said of the email, which he sent to the GM of the Washington Football Team 10 years ago.
Read more »
Domino's says U.S. orders declined in third quarter due to impact of staffing shortagesDomino’s Pizza reported its first negative U.S. same-store sales result in 41 quarters on Thursday owing in part to staffing shortages, the pizza delivery company said.
Read more »
The SEC is set to allow bitcoin futures ETFs to begin trading—here's what investors should knowFinancial experts recommend understanding the potential risks surrounding a futures-based bitcoin ETF before investing. Here's what to consider.
Read more »