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Domino's

DPZ
NYSE
$374.61

How effective is Domino's's capital allocation strategy?

Management prioritizes reinvestment in technology and supply chain, returns excess cash via rising dividends and sizable buybacks, and limits corporate store exposure. In 2025 YTD through Q3, buybacks totaled ~275 million dollars with 540 million dollars remaining authorized; the quarterly dividend was raised 15 percent to 1.74 dollars.

The decision to join aggregators while retaining self-delivery reflects pragmatic, high-ROI distribution investment rather than capital-heavy bets.