Domino's Pizza delivers huge comp-store increase for Q3

 
Oct. 24, 2004

ANN ARBOR, Mich. Domino's Pizza, Inc. posted impressive results for its third quarter, ended Sept. 5, 2004.

According to a regulatory filing, domestic same-stores sales rose 8 percent for the period (made up of a 6.8 percent increase at company-owned units and an 8.2 percent increase at franchised units). International comp sales increased 5.9 percent on a constant dollar basis.

Total revenues for the quarter were $325 million, compared to $293 million last year. Net income was about $1 million, compared to a loss of $18 million in the comparable period in 2003.

For the first three quarters of 2004, revenues were $968 million and net income was $17.6 million. Domestic comps were up 2.9 percent and international comps were up 5.8 percent on a constant-dollar basis.

The company added a net 73 stores during the quarter.

"We achieved a 12 percent increase in global retail sales versus last year's third quarter," said David A. Brandon, Chairman and CEO. "This was our strongest quarterly sales performance in several years."

Read related Domino's stories by clicking here.


Topics: Domino's Pizza , Public Companies


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