Domino's is the largest pizza company in the world, operating with more than 20,500 locations across over 90 markets. The company utilizes a franchise model, with approximately 99% of its global stores owned and operated by independent franchisees. Domino's core business involves handcrafting and serving quality food at competitive prices, with an emphasis on easy ordering and efficient service, enhanced by technological innovations. The company primarily generates revenue through royalties and fees from franchisees, as well as through the sale of food, equipment, and supplies to franchisees, particularly in the U.S. and Canada. Domino's also operates a number of Company-owned stores in the United States.

• Employees: Approximately 11,200 (as of December 31, 2023)
• Geographic Footprint: Over 90 markets worldwide
• Headquarters: Ann Arbor, Michigan
• Founded: 1960
• Number of locations/facilities: More than 20,500
• Revenue: $4.48 billion (FY2023)
• Key Subsidiaries/Brands: Domino's Pizza LLC

• CEO: Russell J. Weiner
• CFO: Sandeep Reddy
• President, U.S. and Global Services: Joseph H. Jordan
• Executive Vice President, International: Arthur P. D'Elia
• Executive Vice President, Chief Technology Officer: Kelly E. Garcia
• Executive Vice President, Chief Restaurant Officer: Frank R. Garrido
• Executive Vice President, Chief Supply Chain Officer: Cynthia A. Headen
• Executive Vice President, Human Resources: Samuel A. Jackson
• Executive Vice President, General Counsel and Corporate Secretary: Kevin S. Morris

• Annual Revenue: $4.48 billion (FY2023)
• Net Income: $519.1 million
• Total Assets: $1.67 billion
• Number of Employees: Approximately 11,200 (as of December 31, 2023)
• Key Financial Highlights: Global retail sales increased 5.4% (excluding foreign currency impact) compared to 2022; U.S. retail sales increased 3.1% and international retail sales increased 7.7% (excluding foreign currency impact) compared to 2022. Same store sales increased 1.6% in U.S. stores and 1.7% in international stores (excluding foreign currency impact).

Domino's offers a variety of pizza products with varying sizes and crust types. The menu also includes:

• Side Items: Bread products, wings, boneless chicken, pasta, oven-baked sandwiches, dips, soft drink products and desserts.
• New Menu Items (2023): Domino's Loaded Tots and Pepperoni Stuffed Cheesy Bread (U.S.). International offerings vary by country and culture.

Domino's operates through three main segments:

• U.S. Stores: Primarily franchise operations, with 6,566 franchised stores and 288 Company-owned stores in the U.S. (as of December 31, 2023). Revenue for this segment was $1.45 billion in 2023.
• International Franchise: A network of 13,737 franchised stores across over 90 international markets (as of December 31, 2023). Revenue for this segment was $310.1 million in 2023.
• Supply Chain: Operates 22 regional dough manufacturing and supply chain centers in the U.S. and 5 in Canada. Revenue for this segment was $2.72 billion in 2023.

Domino's strategic priorities are centered around its "Hungry for MORE" strategy, which aims to generate MORE sales, MORE stores, and MORE profits. Key initiatives include:

• Most Delicious Food: Focus on showcasing the breadth of the menu and highlighting the deliciousness of the food through innovative marketing.
• Operational Excellence: Relentless focus on convenience, consistency, and efficiency for both the company and its franchisees' customers.
• Renowned Value: Commitment to offering competitive pricing and personalized value for customers.
• Enhanced by Best-in-Class Franchisees: Leveraging franchisees to drive results and excitement across all markets.

Domino's operates in the large and fragmented U.S. QSR pizza category, which is primarily comprised of delivery, dine-in, and carryout. Domino's competes with regional and independent companies, as well as national chains like Pizza Hut, Papa John's, and Little Caesars Pizza. The company also competes with other restaurants and order and delivery aggregation companies. Domino's is the market share leader for delivery and carryout among pizza QSRs in the U.S. Internationally, Domino's competes primarily with Pizza Hut and Papa John's, as well as country-specific pizzerias. The company competes on the basis of product quality, location, image, service, technology, convenience, and price. The U.S. QSR pizza category is the second largest category by sales within the U.S. QSR sector.

• Market Position: #1 in pizza delivery and carryout in the U.S.
• Key Competitors: Pizza Hut, Papa John's, Little Caesars Pizza
• Industry Trends: Increasing emphasis on convenience and technology in the pizza delivery and carryout markets.

• Business, Operational and Industry Risks: Highly competitive QSR pizza and food delivery markets, changes in consumer tastes, economic conditions, marketing, advertising, pricing, and disposable income, as well as labor shortages and increased turnover rates.
• Growth Strategy Risks: Challenges in opening new stores, including construction delays, personnel availability, site selection, and obtaining necessary permits and licenses, as well as risks related to expansion in new and existing markets and the potential impact of fortressing on existing stores.
• Cost and Economic Risks: Increases in food, labor, and other costs, including inflation, and negative economic conditions that could impact profitability and consumer demand.
• Supply Chain Risks: Shortages, interruptions, or disruptions in the supply or delivery of fresh food products and store equipment, as well as reliance on single or limited suppliers for certain ingredients.
• Reputational Risks: Reports of product contamination, food-borne illness, or food tampering, as well as negative publicity via social media, could reduce sales and harm the brand.