Domino's: Profits on the Rise, New Recipe Seems to Work
It’s been a couple months since Domino’s has rolled out their completely changed new recipe for Pizza. According to the latest publicly available 2009 Financial Reports, Domino’s Pizza saw some very promising results towards the latter portion of the year. Revenues rose 8.1% for the fourth quarter, with a net income that was up $12.6 million (114%). That fourth quarter also saw global retail sales jump 16.4% as well. CEO David A. Brandon attributes these numbers to the launch of their new core pizza, what do you guys think? Is this new pizza any good? Better than their old? Do you care?
