Overview

A class action lawsuit has been filed against Domino’s Pizza, Inc. (“Domino’s” or the “Company”) (NYSE: DPZ) and certain of the Company’s current senior executive officers alleging violations of the federal securities laws.  The Domino’s class action lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired Domino’s securities between December 7, 2023, and July 17, 2024, both dates inclusive (the “Class Period”).  Investors have until November 19, 2024, to seek appointment as lead plaintiff of the Domino’s class action lawsuit.

Domino’s, through its subsidiaries, operates as a global pizza company in three segments: U.S. Stores, International Franchise, and Supply Chain.  Domino’s offers pizzas and other food products under the Domino’s brand name through Company-owned and franchised stores.  The Company’s largest “master franchisee” – i.e., a franchisee that is charged with developing a geographical area and may profit by sub-franchising and selling food and equipment to those sub-franchisees – is Domino’s Pizza Enterprises (“DPE”).  As of December 31, 2023, DPE operated 3,840 stores in 12 international markets, accounting for approximately 28% of the Company’s international store count and 19% of its global store count.

The Domino’s class action lawsuit alleges that Defendants, throughout the Class Period, made materially false and misleading statements regarding the Company’s business, operations, and prospects.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) DPE, the Company’s largest master franchisee, was experiencing significant challenges with respect to both new store openings and closures of existing stores; (2) as a result, Domino’s was unlikely to meet its own previously issued long-term guidance for annual global net store growth; (3) accordingly, Domino’s business and/or financial prospects were overstated; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.

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If you purchased or otherwise acquired Domino’s securities between December 7, 2023, and July 17, 2024, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]. 

The deadline to apply to the Court to serve as a lead plaintiff in the Domino’s class action lawsuit is November 19, 2024