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Domino's Strengthens Contactless Delivery Across the US
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Domino's Pizza, Inc. (DPZ - Free Report) continues to strengthen its delivery program. The company’s latest Carside Delivery option is a testament to the same. Notably, this is a new contactless carryout option, which customers can choose while placing a prepaid online order.
Domino's Carside Delivery option is now available in stores across the United States. Dennis Maloney, Domino's senior vice president-chief innovation officer said “Domino's Carside Delivery gives customers the option to stay in their vehicle while a team member delivers their order to them, making for a convenient, contactless carryout experience. It's carryout, delivered.”
Robust Delivery System to Drive Sales
Domino’s is investing heavily in technology-driven initiatives like digital ordering to boost sales. It has started driverless pizza delivery services. To this end, the company has partnered with Nuro — a robotic company for the delivery services. Notably, the driverless pizza delivery services can be only be availed by select residents of Texas.
During the first-quarter 2020 conference call, the company announced that it moved to 100% contactless delivery model across the United Sates. Meanwhile, Domino’s digital loyalty program — Piece of the Pie Rewards — continues to contribute significantly to traffic gains. The company is at the forefront of digital ordering and customer convenience on the back of different ways to order a pizza.
Due to the coronavirus pandemic, most of the restaurant operators are focusing on robust delivery system to drive sales. Moreover, with Internet, digitalization and electronics influencing every facet of day-to-day lives, it is obvious that the restaurant industry has embraced this trend. Foodservice delivery services have contributed significantly to restaurant sales over the past few years.
In the past six months, shares of the company have surged 25.7%, against the industry’s decline of 9.6%.
Some other top-ranked stocks in the same space include Jack in the Box Inc. (JACK - Free Report) , Wingstop Inc. (WING - Free Report) and Yum China Holdings, Inc. (YUMC - Free Report) . All these stocks sport a Zacks Rank #1.
Earnings in 2021 for Jack in the Box are expected to rise 22.9%.
Wingstop and Yum China has a three-five year earnings per share growth rate of 11% and 9.5%, respectively.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Image: Bigstock
Domino's Strengthens Contactless Delivery Across the US
Domino's Pizza, Inc. (DPZ - Free Report) continues to strengthen its delivery program. The company’s latest Carside Delivery option is a testament to the same. Notably, this is a new contactless carryout option, which customers can choose while placing a prepaid online order.
Domino's Carside Delivery option is now available in stores across the United States. Dennis Maloney, Domino's senior vice president-chief innovation officer said “Domino's Carside Delivery gives customers the option to stay in their vehicle while a team member delivers their order to them, making for a convenient, contactless carryout experience. It's carryout, delivered.”
Robust Delivery System to Drive Sales
Domino’s is investing heavily in technology-driven initiatives like digital ordering to boost sales. It has started driverless pizza delivery services. To this end, the company has partnered with Nuro — a robotic company for the delivery services. Notably, the driverless pizza delivery services can be only be availed by select residents of Texas.
During the first-quarter 2020 conference call, the company announced that it moved to 100% contactless delivery model across the United Sates. Meanwhile, Domino’s digital loyalty program — Piece of the Pie Rewards — continues to contribute significantly to traffic gains. The company is at the forefront of digital ordering and customer convenience on the back of different ways to order a pizza.
Due to the coronavirus pandemic, most of the restaurant operators are focusing on robust delivery system to drive sales. Moreover, with Internet, digitalization and electronics influencing every facet of day-to-day lives, it is obvious that the restaurant industry has embraced this trend. Foodservice delivery services have contributed significantly to restaurant sales over the past few years.
In the past six months, shares of the company have surged 25.7%, against the industry’s decline of 9.6%.
Zacks Rank & Other Key Picks
Domino’s currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Some other top-ranked stocks in the same space include Jack in the Box Inc. (JACK - Free Report) , Wingstop Inc. (WING - Free Report) and Yum China Holdings, Inc. (YUMC - Free Report) . All these stocks sport a Zacks Rank #1.
Earnings in 2021 for Jack in the Box are expected to rise 22.9%.
Wingstop and Yum China has a three-five year earnings per share growth rate of 11% and 9.5%, respectively.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>