Domino's announces record third quarter 2001 results

March 28, 2002

ANN ARBOR, Mich. -- Domino's, Inc. announced record operating results for the third quarter of 2001, which ended September 9, 2001.

Net income for the period increased 66.7 percent to $7.9 million, and earnings before interest, taxes, depreciation and amortization increased 7.5 percent to a third quarter record of $36.0 million.

Domestic same-store sales increased 4 percent, comprised of a 6.6 percent increase at company-owned stores and a 3.6 percent increase in domestic franchise stores.

International same-store sales increased 3.2 percent on a constant dollar basis, marking thirty-one consecutive quarter of international same-store sales growth.

System-wide sales increased 6.3 percent to $856.8 million.

Domino's added 14 stores during the quarter, bringing its systemwide total to 7,112.

"I continue to be proud of our very strong performance as a company, especially given the challenges we face in our highly competitive category,' said David A. Brandon, chairman and CEO, in a release. "But I am more proud of how our franchisees and team members responded to the horrific tragedies of September eleventh."

Brandon said that a number of franchisees and team members volunteered to keep stores open 24 hours a day in the week following the attacks, to ensure rescue relief workers in New York City and Washington, D.C. were fed.

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