Domino's announced that Russell Weiner, CEO since May 2022, will retire at the end of September. Joe Jordan, current COO and US president, will take the helm as his successor. Weiner will become executive chairman to ensure a smooth transition.
Domino’s fortressing strategy should lift higher-margin carryout sales and shorten delivery routes, bolstering convenience, lowering costs, and strengthening its appeal on third-party delivery platforms.
Bears
With an outsize reliance on in-house delivery at the store level and company-run supply chain operations at the corporate level, persistent labor inflation could crimp profitability.
Domino’s is the world’s largest pizza chain, surpassing $20 billion in system sales with over 22,100 stores across more than 90 markets at the end of 2025. Around 33% of its units are in the US. The business is 99% franchised. Domino’s operates through three segments: supply chain (60% of revenue), US stores (33%), and international franchises (7%). The firm generates the bulk of its revenue by supplying food to stores in the US and Canada through a vertically integrated network of 25 manufacturing and supply chain facilities, which primarily produce and distribute dough, and collecting brand royalties and marketing fees from franchisees. Domino’s also generates revenue from sales at company-owned stores.