Domino's delivers on its turnaround plan

Ann Arbor— Domino's Pizza Inc. will celebrateits 50th anniversary Thursday, starting a new half-century on a strong sales surge thanks to a gamble the company took on its core pizza recipe.

Last December, Domino's was at a crossroads. Flat same-store sales forced Domino's to close 108 U.S. stores in 2009, and the company battled a perception that its pizza tasted like cardboard.

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Pizza chain offers $31,000/hour part-time job

As part of a series of events commemorating the 25th anniversary of its arrival in Japan, Domino's Pizza Japan is set to hire one lucky person at the rate of 2,500,000 yen ($31,030) for an hour's worth of work in December.

A company spokesman declined to provide further details until November 10, but the company's website said that anyone who wants the job will need to file an application. Those passing to the next stage will undergo an interview.

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Domino's Pizza Announces Third Quarter 2010 Financial Results

ANN ARBOR, Mich., Oct. 19 /PRNewswire-FirstCall/ -- Domino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, today announced strong results for the third quarter ended September 12, 2010. The Company's domestic same store sales rose 11.7% during the third quarter versus the year-ago period on sustained positive consumer response to its improved pizza and the effectiveness of its advertising. Robust sales volume also drove positive results in the Company's domestic supply chain business. The International division continued its strong performance with same store sales growth of 7.0% in the third quarter, marking the 67th consecutive quarter of positive same store sales growth for the division. The Company repurchased $20.0 million of its debt during the quarter, for a total of $289.6 million in repurchases of its fixed rate notes since the beginning of 2009.

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Ohio Domino's is first in U.S. to go 24-hours

CINCINNATI — Domino's Pizza Inc. says a franchise store in southwest Ohio is the first of its U.S. stores to remain open 24 hours a day.

A manager of the store near the University of Dayton campus says it began staying open 24 hours about a month ago. Manager Steve Martin says the store is offering a breakfast pizza with toppings like eggs, cheese and bacon.

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Dominos online ordering systems boosts profits by 23%

Amazon.com sells everything from car parts and jewelry to groceries and golf clubs -- in addition to the books that first got it started -- so it's not surprising that the Internet titan is ranked first among e-tailers.

But the company that is the No. 4 e-tailer puts all its eggs in one crust, er, basket: Domino's.
The Ann Arbor-based chain's online ordering system has catapulted it to the forefront of Internet commerce, and it's giving the pizza seller a big advantage in the marketplace.

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Domino's Pizza Indian Franchisee Surges to Record on Plan to Add 70 Stores

Jubilant FoodWorks Ltd. rose to a record after the Indian franchisee of Domino’s Pizza Inc. said it plans to add 70 stores in the year ending March to tap demand for pizzas and western food in the South Asian country.

Jubilant, which operates 320 Domino’s Pizza stores in India, will also spend as much as 60 million rupees ($1.3 million) to set up three outlets in neighboring Sri Lanka, Ajay Kaul, Jubilant’s chief executive officer, told reporters in New Delhi today. The company is considering alliances with other global food brands, though it hasn’t signed any deal, he said.

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Domino's Pizza Announces Second Quarter 2010 Financial Results

Domino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, today announced strong results for all its operating units for the second quarter ended June 20, 2010. During the quarter, the Company's domestic same store sales rose 8.8% versus the year ago period on sustained positive consumer response to the Company's improved pizza and continued focus on operational excellence. Robust sales volume also drove positive results in the Company's domestic supply chain business. International same store sales grew 6.2% in the second quarter, the 66th consecutive quarter of positive same store sales for the division. The Company repurchased $20.4 million of its debt during the quarter, and an additional $10.0 million subsequent to the quarter, for a total of $279.6 million in repurchases of its fixed rate notes since the beginning of 2009. This healthy second quarter performance resulted in adjusted EPS of 33 cents, up 57% from the adjusted EPS amount in the prior year period.

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Dominos Bahamas looks to add a new franchise partner

Dominos is actively searching for a new chain to complement its product, company execs confirm to Guardian Business — this search customized to a franchisor that can work in The Bahamas.
The choice - set to come before the end of 2010 - comes in the wake of several well-known franchises closing in recent months, due to demands from franchisors that require the brand to remain the same all over the world.
Head of pizza chain Dominos Gavin Watchorn told Guardian Business it was important for the company to find the right franchise.
“Some things just don’t work... one of the problems with U.S. franchises is that they don’t believe there is a different way to doing things outside of the U.S.,” he said. “Thankfully Dominos realizes that things happen differently in The Bahamas than it does in Michigan.
“So whatever decision we make, it has got to work for The Bahamas.”

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Domino's Pizza to Enter Germany

ANN ARBOR, Mich., May 6 /PRNewswire-FirstCall/ -- Domino's Pizza (NYSE:DPZ - News), the recognized world leader in pizza delivery, will enter Germany by completing a Master Franchise Agreement with the founder of Grand City Property Group and Grand City Hotels. Plans are to start in Berlin, and grow throughout the entire country.

Mr. Yakir Gabay, the founder of the Berlin-based group, manages more than 3,000 residential units and 1 million square feet of commercial property in Germany, as well as more than 80 hotels. As the leader of Grand City Hotels, Mr. Gabay has overseen the company's rapid expansion to become the second largest hotel operator in Germany. This unique and valuable experience will be leveraged with the aggressive development of the Domino's Pizza Brand across Germany.

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Domino's Pizza Announces 2009 Financial Results

ANN ARBOR, Mich., March 2, 2010 /PRNewswire via COMTEX/ -- Domino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, today announced results for the fourth quarter and fiscal 2009, each ended January 3, 2010. During the fourth quarter, the Company's domestic same store sales grew 1.4% as a result of increased store traffic. International same store sales grew 3.9% in the fourth quarter, marking the 64th consecutive quarter of same store sales growth for this division. Fourth quarter diluted EPS as reported was 41 cents, and was $1.38 for fiscal 2009. On an as adjusted basis, diluted EPS was 30 cents for the fourth quarter, a 58% increase over the fourth quarter of 2008, and was 87 cents for fiscal 2009, a 16% increase over fiscal 2008. During fiscal 2009, the Company repurchased approximately $189 million in principal amount of its fixed rate notes, and has repurchased approximately $239 million in principal amount over the past 14 months. Late in the fourth quarter of 2009, the Company successfully introduced a new core pizza product, continuing to build momentum for 2010.
David A. Brandon, Domino's Chairman and Chief Executive Officer, said: "The bold steps we have been taking to re-ignite our domestic system helped us gain significant traction last year. We succeeded in our primary goal of growing traffic all four quarters of 2009. Traffic growth was the most significant in the fourth quarter; and this positive momentum has continued thus far in 2010, as sales and traffic have increased significantly since the launch of our new core pizza."

Brandon added, "Our international business achieved yet another strong positive quarter. This division has now posted positive quarterly same store sales for 16 consecutive years. The international business is now nearly half of our global retail sales and will continue to be a powerful growth engine for our business going forward."

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Domino's Pizza to open more branches as success story continues

Domino's Pizza to open more branches as success story continues• Total sales up 16% on the year

Domino's Pizza today reported a 28% jump in annual profits as cold weather and recession put comfort food top of the menu.

The Britain's Got Talent sponsor also benefited from the "SuBo" phenomenon as Susan Boyle drew a record number of viewers to the hit ITV show.

Chief executive Chris Moore said the franchise pizza delivery group would now step up expansion to 55 stores after an "exceptional" year that saw like-for-like sales growth of 8.4%. "There is a strong desire for expansion by our existing franchisees as well as a significant number of new franchisees wishing to enter the system," he said.

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Bain Capital to buy Domino's Pizza in Japan

TOKYO, Jan 25 (Reuters) - U.S. private equity firm Bain Capital said on Monday it would acquire the Japan franchisee of Domino's Pizza (DPZ.N) as it sees opportunities in the country's niche pizza delivery market.

Bain Capital said in a statement that it would buy Japanese firm Higa Industries Co from Duskin Co (4665.T), Daiwa SMBC Capital and Ernest Higa, the founder of Higa.

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Domino's Pizza U.K. Continues to Defy the Recession

Domino's Pizza, the UK's biggest pizza delivery company, remains recession-proof as the company announces surging sales despite the continuing sluggish economy.

The Britain's Got Talent sponsor reported impressive growth with a like-for-like sales lift of 8.6% at its 501 mature stores in the three-month period ending 27 December 2009. As a result, like-for-like sales growth for the full year was 8.4%.

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Domino's shutters eight Phoenix stores

Domino's had expanded quickly in the Phoenix area and is now closing eight of the 25 company-owned locations there, according to azcentral.com.

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Domino's Pizza Announces Third Quarter 2009 Financial Results

ANN ARBOR, Mich., Oct. 13 /PRNewswire-FirstCall/ -- Domino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, today announced results for the third quarter ended September 6, 2009. Net income as-reported was up 76.6% versus the prior year, driven by gains on the extinguishment of debt, improved operating margins, lower interest expense and international store growth. Year-to-date, the Company has repurchased approximately $161 million in principal amount of its long-term debt. As of the quarter end, the Company had nearly $49 million of unrestricted cash and cash equivalents.

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Domino’s Pizza (U.K.) expects bumper year after third-quarter sales surge

Domino's Pizza expects to exceed expectations for the full financial year after boosting sales by more than 10% in the third quarter. The pizza takeaway chain saw like-for-like sales rise by 10.8% in the 13 weeks to September 27 as marketing campaigns, including its sponsorship of ITV show Britain's Got Talent, helped to boost trading.

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Domino's Pizza(R) Launches New iPhone Optimized Mobile Ordering System

ANN ARBOR, Mich., Sept. 16 /PRNewswire-FirstCall/ --Domino's Pizza, the world leader in pizza delivery (NYSE: DPZ - News) today announced the launch of a new version of its mobile ordering Web site. The enhanced version is optimized for the Apple iPhone, Palm Pre and phones that support the Google Android operating system. Customers visiting www.dominos.com from a browser in one of the supported devices will be automatically connected to the new, enhanced site.

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Chain Restaurant Same Store Sales Components Still Negative

We’ve recently listened carefully to McDonald's (MCD), Starbucks (SBUX), Chipotle (CMG), YUM, Dominos (DPZ) and Darden (DRI) earnings calls for news on sales/traffic/mix components. Brinker (EAT) and the upscale Morton’s (MRT) and Ruth Chris (RUTH) are forthcoming. Steak N Shake (SNS) and CKE reported Q3 sales via 8K filings. Not all companies disclose the same store sales components

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http://seekingalpha.com/article/150982-chain-restaurant-same-store-sales-components-still-negative?source=yahoo

Domino's Pizza Announces Second Quarter 2009 Financial Results

ANN ARBOR, Mich., July 22 /PRNewswire-FirstCall/ -- Domino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, today announced results for the second quarter ended June 14, 2009. Domestic same store sales were down 0.7% and international same store sales grew 4.1%. The international division continued its strong performance, posting its 62nd consecutive quarter of same store sales growth. Net income as-reported was down 22.4% versus the prior year, due primarily to the negative impacts of foreign currency, gains on the sale of Company-owned stores in 2008 and expenses incurred in connection with changes made to the Company's stock option plans, offset in part by gains on the extinguishment of debt.

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http://phx.corporate-ir.net/phoenix.zhtml?c=135383&p=irol-newsArticle&ID=1309873&highlight=

Domino’s Pizza (UK) boosts interim profits by one-quarter

Takeaway chain Domino’s Pizza is thriving despite the recession with first half profits up by 25.2% to £13.6m.
Sales increased by 15.4% over the six month period and like-for-like sales were up by 7.1%, but down from 9% in the first four months as the warmer weather coaxed customers to leave their homes and eat out.

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http://www.caterersearch.com/Articles/2009/07/20/328794/dominos-pizza-boosts-interim-profits-by-one-quarter.html