![]() ![]() Cheese prices, which make up nearly half the cost of a pie, jumped about 20% last year, O'Cull said.ĭomino's is also sinking lots of money into a remodeling campaign to freshen up its stores. If they don't own their own restaurants, these smaller players are also facing rent inflation.ĭue to their scale, national brands like Domino's are also a little more insulated from commodity price pressures. Like other small businesses, independent pizza shops are also grappling with higher costs, especially on the labor front due to minimum wage and payroll tax hikes. A mobile app that lets you order pies with just your voice? No chance. Size matters in pizza wars: Domino's, as well as other national chains like Papa John's ( PZZA), have several advantages against mom-and-pop store owners.įirst, the convenience offered by digital ordering platforms is simply not feasible at many independent places. Related: Our taste-test of really weird pizzas at Pizza Hut "In the past, if you had a good recipe and $150,000 you could open a pizza store," said O'Cull. ![]() While national burger and sandwich chains like McDonald's ( MCD) and Subway dominate their smaller, neighborhood rivals, the reverse had been true in the pizza world - at least until recently. independent pizza shop stores, according to Keybanc. "They've had more success than anyone gaining share in the quick service pizza segment," said Chris O'Cull, a restaurant analyst at Keybanc.Ĥ% fewer mom-and-pop shops: So who are they squeezing out of the market? O'Cull points to independent and small regional players.īetween 20, there are roughly 4% fewer U.S. On top of that, a voice-ordering app launched last year has been a big hit. By comparison, domestic sales at rival Pizza Hut, owned by Yum! Brands ( YUM), flatlined last quarter. jumped an impressive 11% during the fourth quarter. Gone are the days of Domino's as just a place for poor and drunk college kids to get a quick bite. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)Ĭalendars and Economy: 'Actual' numbers are added to the table after economic reports are released.Related: How to make money with $1 slices Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.Ĭryptocurrencies: Cryptocurrency quotes are updated in real-time. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. Data may be intentionally delayed pursuant to supplier requirements. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Source: FactSetĭata are provided 'as is' for informational purposes only and are not intended for trading purposes. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. ![]() Sources: FactSet, Tullett PrebonĬommodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Sources: FactSet, Tullett PrebonĬurrencies: Currency quotes are updated in real-time. Sources: FactSet, Dow Jonesīonds: Bond quotes are updated in real-time. Sources: FactSet, Dow JonesĮTF Movers: Includes ETFs & ETNs with volume of at least 50,000. Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Overview page represent trading in all U.S. Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Copyright 2019© FactSet Research Systems Inc. Fundamental company data and analyst estimates provided by FactSet. International stock quotes are delayed as per exchange requirements. ![]() stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. ![]()
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