ANN ARBOR Mich. Domino’s Pizza on Tuesday outlined several restructuring steps, including the sale of about 60 company-owned stores in California and Georgia. The company, which recently reported a 48-percent plunge in fourth-quarter net profit, said in statement filed Tuesday with federal regulators that it was selling the stores in separate transactions to franchisees and employees for about $20 million. Those sales are expected to be finalized before the end of the second quarter, ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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!
Questions about your account or how to access content?