Domino’s 3Q profit rises but sales fall

ANN ARBOR Mich. Domino’s Pizza Inc. reported Tuesday a 77-percent surge in third-quarter net income despite a slowdown in sales, as a lower amount of debt, cost-cutting measures and a tax benefit drove the bottom line.

For the quarter ended Sept. 6, Domino’s earned $17.8 million, or 31 cents per share, compared with earnings of $10.1 million, or 17 cents per share, in the same quarter a year ago.

During the latest quarter Domino’s retired $71.8 mil

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