One quick-service restaurant has embraced the technological landscape as part of its business model, and it's moving full steam ahead with pockets full of profits.
Jim Cramer recently highlighted Patrick Doyle, the CEO of Domino's Pizza as one of his Bankable 21 CEO's in his book "Get Rich Carefully," and that was not by accident. Cramer thinks that under Doyle's leadership, Domino's has been a resonant leader in the quick-serve space because of growth, innovation and quality.
On Tuesday morning, Domino's Pizza reported a stellar quarter, and the stock rose 11 percent, to an all-time high of $84. The company delivered a 2 cent earnings beat on higher than expected revenues that rose 10.5 percent, year-over-year. The cherry on top of the ice cream sundae was that Domino's posted a 7.7 percent rise in its domestic same-store sales and a 7.1 percent increase in international same-store sales, which was much more than what the market was expecting.
"These numbers were phenomenal, which is why I think the stock deserves ever single penny of today's gains," Cramer added.