Domino's Pizza Inc , the second-largest U.S. pizza chain, on Tuesday reported quarterly profit that topped Wall Street's expectations as same-store sales increased in the United States and abroad.
Net income grew to $26 million, or 44 cents per share, for the company's fiscal third-quarter, ended September 9. Domino's posted a profit of $22.1 million, or 36 cents per share, a year earlier when the company had 5.4 percent more shares outstanding.
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Excluding items related to writing off deferred financing fees and interest expense, the company earned 43 cents per share in the latest quarter. That was 2 cents better than analysts had expected, according to Thomson Reuters I/B/E/S.
Revenue rose to $378.1 million from $376.3 million.
Sales at stores open at least one year were up 3.3 percent in the United States and up 5 percent internationally.
Domino's competes with Yum Brands Inc's Pizza Hut chain and Papa John's International Inc . (Reporting By Lisa Baertlein in Los Angeles; Editing by Steve Orlofsky)