Domino’s profits fall 22% in 4-Q

ANN ARBOR Mich. Domino’s Pizza posted a 22.8 percent drop in net income, $31 million, for the fourth quarter of 2006. Net income fell 1.9 percent for the full year, to $106.2 million, the company said.

Domino’s attributed the declines to the fourth-quarter sale of an equity investment in the company’s master franchisee in Mexico, along with 2006 interest expense increases.

Revenues decreased 4.8 percent for the fourth quarter, to $435.3 million. T

Register to view the full article

Register to view this article

TAGS: Finance
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish