Domino’s Is Suddenly The World’s Hottest Pizza Chain

http://feedproxy.google.com/~r/TheMoneyGame/~3/vZpBkdMUZ_Y/dominos-turnaround-story-2014-10

Domino’s has executed an epic turnaround. The company’s profits soared 16% in the third quarter. Domino’s also opened 160 new locations. Jesse Solomon at CNNMoney notes that Domino’s made some crucial changes that turned around business. “The pizza is actually better now, and the marketing campaigns are cheesy good instead of just cheesy,” Solomon writes. The shares have risen 30% in the past year. In a recent earnings call with investors, Domino’s CEO Patrick Doyle laid out a few reasons for the company’s recent smash success.