Domino’s profit rises despite 5.4% fall in comps

ANN ARBOR Mich. Domino’s Pizza Inc. reported Tuesday a surge in second-quarter profit from year-earlier earnings that were sunk by one-time costs related to a recapitalization.

For the quarter ended June 15, profit totaled $18.7 million, or 32 cents per share, up from $2.3 million, or 4 cents a share, posted a year ago. Domino’s undertook a recapitalization a year ago and booked charges of 24 cents per share from higher interest expenses and legal fees.

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