Here’s our Pick of the Month January 2007

Article Excerpt

DOMINO’S PIZZA $27.30 (New York symbol DPZ; SI Rating: Average)(734-930-3030; www.dominos.com; Shares outstanding: 62.3 million; Market cap: $1.7 billion) is the world leader in pizza delivery. Through its primarily franchised system, Domino’s operates a network of 8,328 franchised and company-owned stores in the United States and in more than 50 countries. Domino’s first outlet opened in 1960, when brothers Thomas and James Monaghan purchased a small pizza store in Ypsilanti, Michigan. In 1998, an investor group acquired a 93% interest in the company for $1.1 billion. In 2004, Domino’s sold shares to the public at $14 each. In the three months ended September 10, 2006, Domino’s revenues fell 3.2%, to $326.7 million from $337.6 million. Like most fast-food providers this year, domestic same-store sales were hurt by lighter consumer traffic arising from higher gasoline prices and rising mortgage rates cutting disposable incomes. As well, sales were higher last year due to heavier promotions. The lower domestic sales were partly offset by higher…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.