Domino's CEO Patrick Doyle Shares the Ingredients to its Strong Earnings
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- July 22, 2014
There is more for investors to feast on at Domino's Pizza than a single quarter of earnings, although the second quarter results from the company were quite tasty. Domino's Pizza second quarter earnings surpassed Wall Street consensus by two cents, led by international same-store sales growth of 7.7%. As for the company's key domestic franchise business, same-store sales increased 5.5%, following a 4.9% in the first quarter, and surpassing McDonald's U.S. second quarter same-store sales decline of 1.5%. TheStreet's Retail Contributor Brian Sozzi sits down with Domino's Pizza President & CEO J. Patrick Doyle to discuss what's driving the strong financial trends, and what the global pizza chain has planned for the future.
