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Domino's Sales Decline

Stock quotes in this article: DPZ  

Domino's (DPZ Quote) beat third-quarter profit estimates but missed on the top line as domestic same-store sales fell 3%.

The Ann Arbor, Mich., pizza delivery franchiser made $25 million, or 39 cents a share, for the third quarter ended Sept. 10, up from the year-ago $20 millon, or 30 cents a share. Sales fell to $327 million from $338 million a year earlier.

Analysts surveyed by Thomson Financial were looking for a 35-cent profit on $339 million in sales.

Domestic same -store sales were weakened by lighter consumer traffic, the company said, but international same-store sales grew 3% from the prior-year period. ...

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