Domino's Pizza posts flat 4Q and full-year U.S. comps

Jan. 18, 2005

ANN ARBOR, Mich. — Domino's Pizza, Inc. announced that its domestic same-store sales for the fourth quarter, ended Jan. 2, 2005, were minus 0.2 percent (made up of a combined minus 2 percent at company owned stores and flat performance at franchised stores.) According to a regulatory filing, international comps fared better during the period, increasing 5.9 percent on a constant-dollar basis.

For full-year 2004, domestic comps rose 1.8 percent (made up of a combined increase of 0.1 percent at company-owned units and 2.1 percent at franchised units.)

International stores reported a gain of 5.9 percent for the period on a constant-dollar basis.

"Our 2004 same-store sales performance was consistent with the results we have achieved over the past several years," said David Brandon, chairman and chief executive officer of Domino's. "We strive for steady, positive growth, and plan our domestic promotional events and advertising schedules to eliminate as much sales volatility as possible."

Acknowledging the company's solid international gains, Brandon added, "Our world-wide same store sales results continue to benefit from the consistent and powerful performance of our international business — as we report its 44th consecutive quarter of same store sales growth. This further demonstrates the tremendous growth potential of our business in numerous international markets around the world."

Topics: Domino's Pizza , Public Companies

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