ANN ARBOR Mich. Domino‚Äôs Pizza Inc. reported a 22.4-percent drop in second-quarter profit as foreign currency conversions hurt systemwide sales gains and U.S. sales continued to suffer. Achange to the company‚Äôs stock option plan also hurt corporate earnings by $4.9 million, before taxes, the company said. For the quarter ended June 14, Domino‚Äôs earned $14.5 million, or 25 cents per share, compared with earnings of $18.7 million, or 32 cents per share, in the same quarter a year ago.Total ...
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Contact: Desiree Torres Desiree.Torres@penton.com