Ruby aims to copy Domino’s success

Article Excerpt

DOMINO’S PIZZA $32.21 (New York symbol DPZ; TSINetwork Rating: Average)(734-930-3030; www.dominos.com; Shares outstanding: 61.8 million; Market cap: $2.0 billion; No dividends paid) is the world’s largest chain of pizza stores that offer takeout and delivery. The company operates 9,541 stores in the U.S. and over 70 other countries. Franchisees run most of these outlets. In the three months ended September 11, 2011, Domino’s earnings per share jumped 33.3%, to $0.36 from $0.27. Sales rose 8.3%, to $376.3 million from $347.4 million. U.S. same-store sales rose 3.0%. International same-store sales jumped 8.1%. International sales have risen for 71 consecutive quarters, and should keep growing. Domino’s plans to add 300 stores a year outside the U.S., and has lots of room to expand in Europe, Latin America and Asia. New products are a huge plus Domino’s continues to boost its sales by aggressively promoting its “New Inspired Pizza.” The company has changed its main pizza recipe by adding new tomato sauces and cheeses, as well as…