News

2Q U.S. comps rise 6.9 percent at Domino's Pizza

August 2, 2005

ANN ARBOR, Mich. — Domino's Pizza announced solid same-store sales gains worldwide for its second quarter, ended June 19, 2005.

According to a regulatory filing, the chain's domestic comps increased 6.9 percent (comprised of a company-owned store increase of 8.6 percent and a domestic franchise increase of 6.6 percent). International comps rose 7.8 percent, on a constant dollar basis, marking the 46th-consecutive quarter of international comp growth.

Revenue for the period was $346.9 million, up 7 percent from $324.2 million in the same period in 2004. Net income was $23.4 million, up 32 percent from $15.9 million the year prior.

Domino's net-unit growth for the quarter was 79 units.

For the first six months of the year, domestic comps increased 9 percent, while international unit comps rose 8.2 percent.

Revenue was $716.6 million, up 11.5 percent from $642.9 million. Net income was $48.4 million, up from $34.3 million in the comparable period last year.

Domino's chairman and chief executive David A. Brandon called the company's performance this year "truly exceptional. Sales were strong and, overall, I was pleased with our execution in all phases of our business. ... We still have some challenging sales comps to face in the second half of the year. However, we believe 2005 has the potential to be a special year for us."