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Domino’s Pizza Inc. shares were fried in Tuesday trading after the fast-food chain reported disappointing earnings and discussed how its borrowing capacity has been hampered by Lehman Brothers Holdings Inc.’s bankruptcy filing.
With the credit crunch weighing heavily on the restaurant industry, Domino’s said it will save its cash and potentially make loans directly to its franchisees.
David Brandon
Domino’s Chief Executive David Brandon said Tuesday in a conference call with investors that due to the choppy credit
Continue reading: Domino’s Reports Disappointing 3rd Quarter, Liquidity a Concern
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 15, 2008. Net income was up $16.4 million versus the prior year, due primarily to recapitalization expenses incurred during the second quarter of 2007 and gains on the sale of Company- owned stores in 2008, offset in part by continued challenges in the domestic environment and resulting
Continue reading: Domino’s Pizza 2Q Income Up $16.4 Million
ANN ARBOR, Mich., June 5 /PRNewswire-FirstCall/ — Domino’s Pizza (NYSE: DPZ), the recognized world leader in pizza delivery, is celebrating the 25th anniversary of the first Domino’s Pizza store opened outside the United States.
Founded in 1960 in the U.S. college town of Ypsilanti, Michigan, Domino’s Pizza grew steadily throughout the United States in its first 20 years, but it was a pioneering young entrepreneur who saw the potential to deliver pizza to hungry customers in
Continue reading: Domino’s Pizza Celebrates 25th Anniversary of International Operations
ANN ARBOR, Mich., May 12 /PRNewswire-FirstCall/ — Domino’s Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, today announced that Ken Calwell will be leaving the company after nearly seven years in the job of Chief Marketing Officer. Patrick Doyle, President, Domino’s USA, will personally oversee the job during the executive search process, which is already underway. Doyle had previously served as the Company’s marketing chief, as well as its executive vice president
Continue reading: Domino’s Pizza Announces Departure of Chief Marketing Officer
ANN ARBOR, Mich., April 29 /PRNewswire-FirstCall/ — Domino’s Pizza (NYSE: DPZ), the recognized world leader in pizza delivery, announced today that Wendy A. Beck has joined its Leadership Council in the position of Executive Vice President and Chief Financial Officer. Her appointment is a result of an extensive national search process that has been underway since late 2007. Beck, 43, joins the company with a broad range of finance and restaurant experience. She was most
Continue reading: Domino’s Pizza Appoints New Chief Financial Officer: Wendy A. Beck
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