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Posted on Tue, Oct 18, 2011 : 9:46 a.m.

Domino's Pizza reports another rise in profit, sales

By Nathan Bomey

(See previous story: Q-and-a: Domino's Pizza CEO Patrick Doyle: 'I've only been CEO during a tough economy')

Ann Arbor Township-based Domino's Pizza reported another rise in profit and sales today as the company continued to gain ground in a saturated market in which incremental gains are viewed as a win.


Domino's Pizza reported strong results at its U.S. and foreign stores. file photo

For the third quarter ended Sept. 11, the chain reported growth of 3.0 percent at U.S. stores open at least a year and 8.1 percent growth at foreign stores open at least a year.

The company reported a 33.1 percent rise in profit with net income of $22.1 million, up from $16.6 million in the third quarter of 2010.

The performance was particularly encouraging because Domino's enjoyed a very strong third quarter in 2010 as interest in its new pizza recipe was still strong.

Domino's executives believe they have achieved sustainable increases in sales and profits based on the new recipe, new products and efficient business processes.

"In the face of these uncertain economic times, Domino's has continued to prove its resiliency," Domino's CEO J. Patrick Doyle said in a statement. "This quarter is yet another example of how increasing loyalty from our customers is driving terrific results around the world."

Global retail sales, a measurement of all revenue connected to the Domino's brand, rose 13.3 percent.

As of Sept. 11, Domino's had 4,891 U.S. stores, including 4,496 franchised stores and 395 corporate-owned stores. The company has 4,650 stores in foreign markets, up 108 from a quarter earlier.

Contact's Nathan Bomey at (734) 623-2587 or You can also follow him on Twitter or subscribe to's newsletters.


Lionel Hutz

Tue, Oct 18, 2011 : 7:06 p.m.

cinnabar7071 is correct. How dare a corporation make a profit!


Tue, Oct 18, 2011 : 3:58 p.m.

Just another evil greedy corporation making money off the labor of the poor. Oh wait thats how it works