When you think of pizza, you don’t often think of technology. But Domino’s Pizza (NYSE: DPZ), one of America’s largest pizza chains, has combined the two into a formula for success. Until 2010, the stock struggled to break $15 as revenue and earnings growth were sluggish. But between 2010 and the end of 2012, earnings accelerated almost 32%, going from $1.45 to $1.91 in the three-year period. The stock responded with a vengeance, up nearly 500% since the summer of 2010. Read More
When you think of pizza, you don’t often think of technology. But Domino’s Pizza (NYSE: DPZ), one of America’s largest pizza chains, has combined the two into a formula for success. Until 2010, the stock struggled to break $15 as revenue and earnings growth were sluggish. But between 2010 and the end of 2012, earnings accelerated almost 32%, going from $1.45 to $1.91 in the three-year period. The stock responded with a vengeance, up nearly 500% since the summer of 2010. The earnings and share price acceleration can be attributed to several factors: successful advertising campaigns, a tastier pizza recipe and international expansion, but perhaps most importantly, technology — specifically digital ordering technology.#-ad_banner-# In many ways, Domino’s is revolutionizing the way pizza is ordered and delivered. Want a steaming-hot pizza? No need to pick up the phone and speak to a person to place an order. Now there’s an app for that. In 2011, Domino’s created an app to order a pizza through an Apple (Nasdaq: AAPL) iPhone. A year later, it followed with an… Read More