5 Reasons Domino's Pizza Could Serve Up Saucy Profits in 2020
Dishing up familiar pizza favorites like pepperoni, chicken, sausage, or steak, Domino's Pizza (NYSE: DPZ) hasn't risen to its No. 1 worldwide pizza sales position in recent years by selling chic experimental cuisine. Nor does its tasty but everyday fare necessarily outdo the food offered by local gourmet pizza shops. Domino's dominance in the global pizza market is built on wholly different factors, from efficient, technologically assisted delivery to specialized artificial intelligence (AI) built right into its ovens -- not to mention good business sense.
Here's a closer look at five important factors in the restaurant chain's success and how likely they are to keep producing profitability in 2020 and beyond.
Domino's showed leadership from the start in integrating quick delivery service with the electronics age. Its CEO, Patrick Doyle, famously dubbed it a tech company that delivers pizzas, introducing digital ordering ahead of competitors in 2007. While it isn't the first restaurant to use GPS for deliveries, it's currently making a major move into utilization of this technology.
Source Fool.com
