Domino’s Pizza Stock Stagnates Over Five Years Amid Market Contrast

Domino's Pizza (DPZ) has seen its stock performance flatline over the past five years, delivering a total return of just 10% including dividends—barely keeping pace with inflation. This stagnation stands in stark contrast to broader market gains, despite the company's efforts to expand its footprint, modernize operations, and optimize delivery economics.

Recent quarterly results hint at potential momentum. U.S. same-store sales grew 3.4% in Q2 2025, with international comps rising 2.4% on a currency-neutral basis. Revenue climbed 4.3% to $1.15 billion, while operating income surged 15%, fueled by franchise royalties and supply chain efficiency. Yet, analysts remain skeptical whether these improvements justify investment in a stock that has consistently underwhelmed.