The stock's returns since 2010 would have turned a $15,000 investment into a position worth more than $1 million today -- and management plans to double the store count.Takeout pizza chain Domino's Pizza (DPZ -1.05%) has been around since the 1960s, but the past 15 years have come to define the company. Domino's completely redesigned its pizza recipe in 2008 and 2009. That was a risky move for a company with decades of brand recognition, but it paid off big time.The company's success has reached new heights ...

Ninety-four-year old Warren Buffett is still investing, but the biggest news he's made this year has actually been his massive stock sales and the rising cash pile at his conglomerate Berkshire Hathaway (BRK.A 0.07%) (BRK.B -0.01%).But Berkshire hasn't only been selling stocks; it's been buying some too, even if the buys have been in more modest amounts.In its recent 13-F filing, Berkshire disclosed a new $550 million stake in Domino's Pizza (DPZ 0.81%) bought in the third quarter. It's an interesting buy, ...

Domino’s Pizza (NYSE: DPZ ) is the world’s most renown pizza brand. This article will focus on Domino’s unit economics, return on capital and valuation. The company was founded in 1960 with a single store and began franchisingI am a private investor with 15 years working in global blue chip asset management houses. My investment style involves identifying a handful of high quality businesses with strong competitive moats and durable economic franchises. Once I become comfortable with the investment case, I ...

Over a half-dozen prominent asset managers are dumping shares of Berkshire Hathaway's newest addition.There's a reason Warren Buffett is the most-followed billionaire money manager on Wall Street. Since becoming CEO of Berkshire Hathaway (BRK.A 0.70%) (BRK.B 0.95%) in the mid-1960s, the appropriately named "Oracle of Omaha" has overseen a scorching-hot aggregate return that surpassed 5,800,000%, as of the closing bell on Nov. 26.Given Buffett's fairly consistent outperformance of the benchmark S&P 500, both ...

Domino’s Pizza Inc. (NYSE: DPZ) has witnessed a remarkable turnaround, with its stock climbing to $472, marking a 7% increase over the past five days and a 13% rise over the past month. The company has defied challenges in the restaurant industry, delivering a strong financial performance that has drawn significant attention from institutional investors.With Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A, BRK.B) recently acquiring a 3.65% stake in Domino’s Pizza, the company’s scalable business model and ...

文章核心观点 - 伯克希尔·哈撒韦公司最近购买了达美乐披萨的股票 这表明达美乐披萨符合沃伦·巴菲特的投资标准 包括业务简单易懂 具有竞争优势以及回馈股东 [2][3][14] 根据相关目录分别进行总结 1. 业务简单易懂 - 达美乐披萨是全球最大的披萨企业 拥有超过21,000家门店 但大部分门店由特许经营商运营 这增加了业务的简单性 [5] - 达美乐的主要目标是保持消费者对其食品的关注并确保特许经营商盈利 日常运营的风险由第三方特许经营商承担 这使得业务不复杂 但有些公司在这方面做得比其他公司更好 达美乐在过去十年中无疑表现出色 [6] 2. 竞争优势 - 达美乐的大部分收入来自供应链服务 在2024财年第三季度 供应链收入超过6.5亿美元 占总收入的60% [7] - 达美乐通过供应链提供披萨面团 配料甚至食品准备设备 其供应链的规模使公司能够享受规模经济 特许经营商不需要使用其服务 但通过利润分享协议获得激励 导致高采用率 [8] - 达美乐的竞争优势使其运营利润率持续优于主要竞争对手Papa John's 达美乐的运营利润率为18.49% 而Papa John's为6.58% [9][10] 3. 回馈股东 - 达美乐支付不断增长的股息 并定期回购股票 这符合巴菲特寻找回馈股东的公司的标准 [11][12] - 达美乐的股息从2020年的0.60美元增长到2024年的1.51美元 同时 公司的平均稀释后流通股数量从2020年的3900万股减少到2024年的3504万股 [13] 总结 - 达美乐披萨凭借其简单易懂的业务模式 强大的竞争优势以及对股东的回馈 成为符合巴菲特投资标准的公司 伯克希尔·哈撒韦公司的投资进一步证明了这一点 [14]

文章核心观点 - 沃伦·巴菲特的伯克希尔·哈撒韦公司在第三季度大量增持了Domino's Pizza的股票，这可能是巴菲特的新宠 [4][11] 巴菲特的投资历史 - 自1960年代中期成为伯克希尔的首席执行官以来，巴菲特的公司Class A股票累计回报率接近5,700,000% [1] - 巴菲特在过去六年中没有购买伯克希尔的股票，这是自2018年董事会修改回购规则以来的首次 [10] 伯克希尔的13F文件 - 13F文件提供了华尔街最聪明的资产管理公司最新季度购买和出售股票的快照 [3] - 巴菲特连续八个季度净卖出股票，但第三季度的亮点是他突然大量买入的受喜爱的消费品牌 [4] Domino's Pizza的表现 - 自2004年IPO以来，Domino's Pizza的股价飙升了约7,000%，包括股息支付 [12] - 第三季度，Domino's Pizza的全球零售销售额增长了5.1%，不包括货币变动 [15] - 公司在国际市场的同店销售额连续第31年增长 [15] Domino's Pizza的策略 - 管理层的“Hungry for MORE”计划推动了公司的增长，其中“MORE”代表“最美味的食品”、“运营卓越”、“著名价值”和“增强” [14] - 公司通过透明的媒体活动承认过去的错误并承诺改进，赢得了消费者的信任 [16]

Warren Buffett's Berkshire Hathaway recently released its latest 13-F filing to the Securities and Exchange Commission (SEC). Buffett's team has been a net seller of stocks in recent quarters. Hence, it may have come as a surprise to many analysts when it opened a position in Domino's Pizza (DPZ 1.68%) stock.The news led to a temporary bump in the average share volume of Domino's stock and its stock price. However, investors buy individual stocks for many reasons, and not all billionaire stock picks are sui ...

During the third quarter, Berkshire Hathaway initiated a position in Domino's Pizza.Warren Buffett's ability to consistently outperform the market has led many to think the billionaire investor has some sort of secretive edge. But the investing strategies Buffett and his top lieutenants over at Berkshire Hathaway employ are rooted in many simple concepts.In other words, making money in the market does not require outsized risks, speculative opportunities, or chasing the next big megatrend.Case in point: Acc ...

People can debate their favorite toppings or preferred style of crust, but it's hard to find someone who doesn't love pizza. For more than 60 years, Domino's Pizza (DPZ 1.68%) has translated that universal constant into a globally recognized brand and wildly successful franchise business.Since the company's initial public offering in July 2004 at $14 per share, the stock has returned 7,058%, including an ongoing 12-year streak of consecutive annual dividend increases. Indeed, there's a lot to like about thi ...