Latest news with #Domino'sPizza
Yahoo
2 days ago
- Business
- Yahoo
Jim Cramer on Domino's: 'I Thought This Was a Good Quarter'
Domino's Pizza, Inc. (NASDAQ:DPZ) is one of the stocks that Jim Cramer looked at. Cramer mentioned the stock during the episode and suggested that a stock split could be good for the company. He said: 'Sometimes a company reports, and Wall Street can't seem to decide whether to send the stock in question higher or lower. That's exactly what we saw yesterday morning when we got results from… Domino's Pizza… and the market's initial reaction was overwhelmingly positive… Throughout the session, Domino's flipped through positive, negative, positive, before ultimately closing lower by less than 1%. Then today it rallied… Okay, I thought this was a good quarter… Jonathan Weiss/ Domino's (NASDAQ:DPZ) operates and franchises stores, providing pizzas and a variety of food and beverage items under the Domino's brand through a global supply and delivery network. While we acknowledge the potential of DPZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Jim Cramer on Domino's: 'I Thought This Was a Good Quarter'
Domino's Pizza, Inc. (NASDAQ:DPZ) is one of the stocks that Jim Cramer looked at. Cramer mentioned the stock during the episode and suggested that a stock split could be good for the company. He said: 'Sometimes a company reports, and Wall Street can't seem to decide whether to send the stock in question higher or lower. That's exactly what we saw yesterday morning when we got results from… Domino's Pizza… and the market's initial reaction was overwhelmingly positive… Throughout the session, Domino's flipped through positive, negative, positive, before ultimately closing lower by less than 1%. Then today it rallied… Okay, I thought this was a good quarter… Jonathan Weiss/ Domino's (NASDAQ:DPZ) operates and franchises stores, providing pizzas and a variety of food and beverage items under the Domino's brand through a global supply and delivery network. While we acknowledge the potential of DPZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Lower-income consumers remain 'under pressure' as big food companies lean on value message
Big food companies like Coca-Cola (KO), PepsiCo (PEP), and Domino's Pizza (DPZ) reported quarterly earnings this week and offered a similar slant on how they are messaging to customers feeling the pinch from higher prices: It's all about value. "The overall resilience in the US continues to be impressive, but ... there is a lower-income segment that is under pressure," Coca-Cola CFO John Murphy told Yahoo Finance on Tuesday. "Part of what we continue to be very focused on is to offer even more affordable options, so that we maintain that section of our consumer base." Beverage volumes at soda giants Coca-Cola and PepsiCo fell yet again in North America this quarter, dropping 1% and 2% respectively. "We're trying to make granular investments in value, make sure that consumers stay within our brands. Better entry points, better value every day, and that has been successful," PepsiCo CEO Ramon Laguarta told investors on the company's earnings call. Coca-Cola CEO James Quincey told investors the company's advertising push around "focused value and affordability initiatives" yielded positive results during the quarter. Both beverage giants also flagged their zero-sugar portfolios as sources of growth during their most recent quarter. Coca-Cola reported a fourth consecutive quarter of double-digit volume growth for Coke Zero and Diet Coke in North America. Coke is also set to add a soda made with real cane sugar to its US portfolio this fall after President Trump took to social media to announce that the company would be using "REAL Cane Sugar" in its drinks in the US. Read more: Live coverage of corporate earnings Laguarta called out the "functionality" of PepsiCo's no-sugar portfolio, including hydration and energy — the company owns brands Gatorade and Rockstar, among others that play in these categories — along with protein initiatives in its food portfolio as key strategies for growth. At Domino's, CEO Russell Weiner said consumers looking for value across categories have prompted the pizza giant to go on offense. In its latest quarter, the company saw share gains across all income cohorts. "The important thing to understand right now is whether it's pizza or burgers or QSRs in general, there is pressure because consumers are looking for value," Weiner said on a call with investors Monday. "The big difference with Domino's is when we provide value, we're going on offense. We're doing it because we think we can grow." Weiner also believes "consistency" in promotional pricing is important. "Consumers don't want whiplash," Weiner said. "If you look at our mix and match deal, we launched it at $5.99 in 2009, and we changed it to $6.99. That's pretty consistent." Brooke DiPalma is a senior reporter for Yahoo Finance. Follow her on X at @BrookeDiPalma or email her at bdipalma@ Sign in to access your portfolio
Economic Times
6 days ago
- General
- Economic Times
Americans eat over 3 billion pizzas every year, 350 slices per second: 10 mind-blowing Pizza facts that may surprise you
Reuters FILE PHOTO: A pizza comes out of the oven at Domino's Pizza restaurant in Los Angeles, California, U.S. July 18, 2018. REUTERS/Lucy Nicholson/File Photo The love for pizza around the world is growing every year, and for a country like the United States, it is perhaps one of the top preferences when it comes to fast food. The versatility and the wide variety of pizzas make it a top choice for people across the globe, especially to National Day Calendar, the highly popular pizza toppings include cheese, pepperoni, sausage, mushrooms, and bacon. Onions, black olives, green peppers, Canadian bacon, anchovies, goat cheese, chicken, and spinach are also tasty statistics are to be believed, more than five billion pizzas are sold worldwide each year. As for America, according to Dairy Herd, Pizza ranks as the second most popular fast food, behind 3 billion pizzas are sold each year in the United States—and that number jumps to 4 billion when you include frozen pizzas. Pizzerias make up 17% of all restaurants in the country. The world's first pizzeria, Antica Pizzeria Port'Alba, opened in Naples, Italy, in 1738. According to Silicon Valley Pizza Week, the first US pizzeria, Gennaro Lombardi, opened in 1905 at 32 Spring Street in New York City. Each day, Americans eat the equivalent of 100 acres of pizza—that's 350 slices per second!Americans consume an average of 23 pounds of pizza per person each Bowl Sunday is the biggest day for pizza sales in the pizzas are the most popular type of pizza crust, preferred by about 61% of pizza eaters. Saturday night is the most popular day of the week for eating pizza. The largest pizza ever made, measuring 131 feet in diameter, was rolled out in Rome in 2012. The world's priciest pizza, the Louis XIII, costs $12,000 and includes ingredients such as buffalo mozzarella, lobster, and caviar. October is celebrated as National Pizza Month in the United States. It was established in 1984 by Gerry Durnell, the founder of Pizza Today magazine, to recognize and honor the love of pizza. Pepperoni is the most popular pizza topping in the U.S., featured on 36% of all pizzas ordered. The world record for the fastest pizza-making was set at 14 pizzas in two minutes and 35 scientists developed a 3D printer that can make pizzas for astronauts in space.
USA Today
7 days ago
- Business
- USA Today
US stock futures little changed as investors await more earnings reports
U.S. stock futures are little changed as investors await more earnings reports. The broad S&P 500 and tech-heavy Nasdaq scored record highs to start the week amid solid earnings reports from Domino's Pizza, Cleveland-Cliffs and Verizon. Of the more than 60 S&P 500 companies that have reported, more than 85% of those topping analysts' estimates, according to FactSet data. Analysts on average expected S&P 500 companies to report a 6.7% increase in earnings for the second quarter, with big technology companies driving much of that gain, according to LSEG I/B/E/S. Philip Morris International, Coca-Cola and Lockheed Martin are among those slated to report before the market opens. However, the main events are midweek when Tesla and Alphabet report results. Investors will be keen to dissect the earnings reports for signs of how President Donald Trump's tariffs have hit the economy and corporate spending. At 6 a.m. ET, futures linked to the blue-chip Dow were at 0%, while S&P 500 futures slipped -0.11% and Nasdaq futures dropped -0.27%. Federal Reserve Chairman Jerome Powell is also scheduled to speak at a conference in Washington DC as the stock market opens. Corporate news Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
