Domino's Pizza Makes Impressive Announcement

Domino's Pizza has undergone a lot of changes over the years.

The prominent pizza chain, founded in 1960 by Jim Monaghan, Tom Monaghan and Dominick DeVarti in Michigan, has become one of the biggest pizza chains in the world. It has more than 20,000 locations worldwide.

It reportedly had greater than $4 billion in revenue in 2024, with an operating profit of more than $800 million.

Clearly, Domino's is doing very well. On Monday, the popular pizza chain made an impressive announcement.

Domino's Pizza announced on Monday that it expects same-store sales to grow, logging profit and sales in the first quarter of the year. 

While profits and sales fell short of expectations, the company is still expecting to grow in 2025.

"Shares, which edged lower in pre-market trading, have rebounded and were recently flat at $488.79. Despite having gained 16% since the beginning of the year, the stock is down 7.4% in the past 52 weeks," the Wall Street Journal reported on Monday.

Domino's Pizza's comparable sales are expected to grow 3 percent in the U.S. and between 1 percent and 2 percent internationally in 2025.

Chief Financial Officer Sandeep Reddy warns that "macroeconomic pressures" could impact sales, though the company is remaining confident.

"We want to be very careful and mindful that there’s a lot of volatility from a geopolitical perspective,” he said. “There could be a potential downstream impact on demand.”

Domino's Pizza officially posted a profit of $149.7 million for the quarter. In the same quarter last year, Domino's Pizza posted a profit of $125.8 million.