Domino's Pizza, Inc. was founded in 1960 by brothers Tom and James Monaghan in Ypsilanti, Michigan. The company initially operated as a single pizza store called DomiNick's before being renamed Domino's Pizza in 1965. Under Tom Monaghan's leadership, the company pioneered the pizza delivery model and expanded rapidly through franchising.
Throughout the 1970s and 1980s, Domino's grew into a national chain, introducing the famous "30 minutes or less" delivery guarantee and expanding internationally. The company became known for its focus on delivery efficiency and standardized operations, building a reputation for reliable pizza delivery that set industry standards.
In 1998, Tom Monaghan sold his 93% stake in Domino's to Bain Capital for approximately $1 billion, marking the end of founder control. Under new ownership, the company focused on operational improvements and international expansion. Domino's went public in 2004, trading on the NYSE under ticker DPZ, providing capital for continued growth and innovation.
Throughout the 2000s and 2010s, Domino's invested heavily in technology, introducing online ordering, mobile apps, and pizza tracking technology. The company became known for innovation in food delivery, including GPS tracking, voice ordering, and autonomous delivery vehicle testing. These technological investments helped Domino's establish itself as a leader in digital food ordering and delivery logistics.
In recent years, Domino's has continued its expansion and innovation under CEO Russell Weiner's leadership. In 2025, the company reported strong Q3 results with global retail sales growth of 6.3%, U.S. same store sales growth of 5.2%, and international same store sales growth of 1.7%. The company's "Hungry for MORE" strategy has driven positive order counts behind successful promotions like the "Best Deal Ever" and product innovations including stuffed crust pizza.
Domino's has achieved significant market share growth in the quick-service restaurant pizza category, leveraging its digital ordering capabilities and delivery expertise. The company continues to expand its global footprint, opening 214 net stores in Q3 2025 alone, including 29 in the U.S. and 185 internationally, bringing its total store count to over 21,750 locations worldwide.