News

Half-year sales up, losses lower at Canada's Pizza Delivery Corp.

November 28, 2004

CALGARY, Alberta — Sales and revenue were up for the first half of fiscal 2005 for Canada's Pizza Delivery Corp., a publicly traded franchisee of 249 Domino's Pizza units.

According to a news release, for the 26-week period ended Sept. 26, revenues rose 55 percent to CAN $7.4 million (U.S. $6.3 million) on sales of CAN $62 million (U.S. $52.7 million).

Net income improved, though remained in the red as the group lost CAN $474,000 (U.S. $403,000), compared to CAN $661,000 (U.S. $561,000) last year.