Is Domino's Pizza Stock a Buy?
Believe it or not, Domino's Pizza (NYSE: DPZ) has been one of the best-performing stocks of the last decade.
The pizza chain has gained more than 1,600% thanks to a commitment to reformulate its recipes back in 2009 and steady investments in technology to allow customers to order through multiple digital channels and enable the company to track orders, in addition to other benefits. Its tech investments have also made internal operations more efficient, and the company has transformed itself from a traditional pizza chain to an e-commerce business that sells pizza.
The success of that strategy is evident. In addition to the stock performance, the company has reported 40 consecutive quarters of same-store sales growth in the U.S. and 109 consecutive quarters internationally, or more than 27 years without a decline in comparable sales outside of the U.S. That shows how dominant the Domino's brand has been globally.
Source Fool.com
