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Domino’s Pizza charts new direction with five-year plan

ANN ARBOR, MICH. — Domino’s Pizza, Inc. on Dec. 7 introduced a five-year plan called “Hungry for MORE” that establishes three goals: annual global retail sales growth of over 7%, which compares to current guidance of 4% to 8%, annual global net unit growth of over 1,100 stores and annual operating income growth of over 8%.

Globally, Domino’s currently has annual sales of $18 billion and over 20,000 stores with 99% being franchised. Operating income was $768 million in the fiscal year ended Jan. 1, 2023.

MORE is an acronym for “most delicious food,” “operational excellence,” “renowned value” and “enhanced by best-in-class franchisees.”

“We have the most delicious food in the business, but we don’t talk about it enough,” said Russell J. Weiner, chief executive officer, at an investor day on Dec. 7. “We talk about value. We talk about technology. We…

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