Pizza delivery chain Domino’s Pizza has reported a rise in earnings, which it says was driven primarily by strong global retail sales growth, in its second quarter ended 19 June 2005.
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Total revenues were $347m, compared with $324m in the same period last year. Net income was $23.4m, compared with $15.9m a year ago.
Revenue for the half was $717m, compared with $643m last year. Income for the half ws $48.4m, compared with $34.3m a year ago.
“Domino’s Pizza’s performance in the first half of 2005 was truly exceptional,” said chairman and CEO David A Brandon. “Sales were strong and, overall, I was pleased with our execution in all phases of our business. I was particularly happy with the continued improvements in Team USA, our corporate store unit. 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.”
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