Type Industry

Public (NYSE: DPZ) Restaurants Ypsilanti, Michigan, United States (June 10, 1960)

Founded Headquarters Area served Key people

Ann Arbor, Michigan, United States Worldwide Tom Monaghan, Founder J. Patrick Doyle, CEO Pizza, sandwiches, pasta, chicken wings, desserts $1.425 billion USD (2008) 145,000 www.dominos.com

Products Revenue Employees Website

Early years
In 1960, Tom Monaghan and his brother, James, purchased DomiNick's,[5] a small pizza store in Ypsilanti, Michigan near Eastern Michigan University. The deal was secured by a US$75 down payment and the brothers borrowed $900 to pay for the store. Eight months later, James traded his half of the business to Tom for a used Volkswagen Beetle. As sole owner of the company,

Monaghan renamed the business Domino's Pizza, Inc. in 1965. In 1967, the first Domino's Pizza franchise store opened in Ypsilanti. The company logo was originally planned to add a new dot with the addition of every new store, but this idea quickly faded as Domino's experienced rapid growth. The three dots represent the stores that were open at the time(1969).[6] By 1978, the franchise opened its 200th store.[7][8] In 1975, Domino's faced a lawsuit by Amstar Corporation, maker of Domino Sugar, alleging trademark infringement and unfair competition. On May 2, 1980, a federal appeals court found in favor of Domino's Pizza.[9]

Current era

The exterior of a Domino's Pizza store in Spring Hill, Florida. In 2004, after 44 years as a privately held company, an employee of Domino's Pizza rang the opening bell at the New York Stock Exchange and the company began trading common stock on the NYSE under the ticker symbol "DPZ".[13]