ANN ARBOR Mich. Domino’s Pizza Inc. reported Tuesday an 8-percent drop in third-quarter profit as sales continued to decline in its U.S. market and the nationwide credit freeze led to slower unit development among franchisees. The parent to the national pizza delivery chain also said it would seek additional sources of liquidity, as the now-bankrupt Lehman Brothers was a primary lender responsible for commitments of up to $90 million under Domino’s $150 million variable funding ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!