YUM - Domino's Reinstated Its Pizza King Title | Benzinga
On Monday, Domino’s Pizza Inc (NYSE: DPZ) delivered a profit beat with its financials being fueled by its innovative "emergency pizza” offer. Its stock jumped as it hiked its quarterly dividend by 25% while also announcing a $1 billion buyback. research firm M Science reported that in December, Domino’s held a 19% market share among pizza chains on the Uber Technologies Inc (NYSE: UBER) Uber Eats platform.
However, like its fast-food chain peers, McDonald's Corporation (NYSE: MCD) and KFC-parent Yum Brands Inc (NYSE: YUM), Domino’s also reported it suffered an impact from the raging conflict in the Middle East. Like McDonald’s and Yum Brands, Domino’s has found itself amid U.S. brands being shunned by consumers in light of the U.S. supporting Israel’s invasion of Gaza. At ...