Recent Security Class Actions

According to the Complaint, Domino's Pizza, Inc., through its subsidiaries, operates as a global pizza company in three segments: U.S. Stores, International Franchise, and Supply Chain. The Company's largest "master franchisee" is Domino's Pizza Enterprises ("DPE") which, as of December 31, 2023, operated 3,840 stores in 12 international markets, accounting for approximately 28% of the Company's international store count and 19% of its global store count. This lawsuit was filed against the Company and two of its Officers.

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) DPE, the Company's largest master franchisee, was experiencing significant challenges with respect to both new store openings and closures of existing stores; (ii) as a result, Domino's was unlikely to meet its own previously issued long-term guidance for annual global net store growth; (iii) accordingly, Domino's business and/or financial prospects were overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.