Modern MBA

Data

Domino’s

The world’s largest pizza chain, an American delivery company with about 21,000 stores and a supply chain it owns.

13 figures on Domino’s, drawn from 5 Modern MBA case studies.

The figures

US dollars6

Against its own chart
Revenue by segment in 2022 · Supply chain sales$2,755M1st of 3 · top $2,755MHow Papa John’s buried Papa John
Revenue by segment in 2022 · Franchise royalties$851M2nd of 3 · top $2,755MHow Papa John’s buried Papa John
Revenue by segment in 2022 · Company restaurant sales$446M3rd of 3 · top $2,755MHow Papa John’s buried Papa John
Average annual sales$1.3M5th of 9 · top $6.3MWhy pizza is the best restaurant business
Average gross revenue per store by brand, 2000$533,6177th of 8 · top $1,600,000Why Crumbl won't last
Average cost to open a store, excluding real estate$0.45M7th of 7 · top $1.42MWhy pizza is the best restaurant business

Percentages1

Against its own chart
Store-level operating margin by restaurant chain in 202215%8th of 13 · top 24%Why Taco Bell got so expensive

Counts4

Against its own chart
Store counts at home against everywhere else, 2022 · International13,1943rd of 6 · top 26,831Why Taco Bell got so expensive
Worldwide store count across John Schnatter’s first run · 20047,7572nd of 3 · top 12,274How Papa John’s buried Papa John
Worldwide store count across John Schnatter’s first run · 20006,9772nd of 3 · top 12,084How Papa John’s buried Papa John
Store counts at home against everywhere else, 2022 · United States6,6864th of 6 · top 13,444Why Taco Bell got so expensive

Measures2

Against its own chart
Average size of a domestic store, in square feet1,5006th of 7 · top 4,000How Papa John’s buried Papa John
Retail footprint in square feet1,2503rd of 7 · top 1,700Why omakase is suddenly everywhere

Case studies covering Domino’s

Case study — Food & beverageHow Papa John’s buried Papa JohnSix regimes in thirty years, four of them engineered by the founder. The filings contradict his version.13 min readCase study — Food & beverageWhy omakase is suddenly everywhereNo servers, no walk-ins, no storefront, revenue booked before the door opens. Omakase deleted every cost that kills a restaurant.11 min readCase study — Food & beverageWhy pizza is the best restaurant businessThe one restaurant category where independents beat the chains on margin and almost nobody goes bankrupt.10 min readCase study — Food & beverageWhy Taco Bell got so expensiveThe most profitable chain in fast food is being squeezed hardest, and the reason is KFC and Pizza Hut.11 min readCase study — Food & beverageWhy Crumbl won't lastMrs. Fields had its decade too. Crumbl store margins fell from 30% to 10% while corporate went from $4M to $152M.15 min read