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Oct, 09 2015

Dominos\' quarterly income rose to approximately $37.8 million

Domino\'s US sales at established company-owned restaurants were up 11.5 per cent for the quarter. International same-store sales rose 7.7 per cent, excluding the impact of changes in exchange rates.

Domino’s Pizza has reported a higher profit third quarter net income amid ongoing pressure from strong foreign currency exchange rates.

The net income at the pizza chain rose to $37.8 million, or 67 cents per share, for the quarter ended Sept 6 and the revenue rose 8.5 per cent to $484.7 million, reported Reuters.

Ann Arbor, Michigan-based Domino's did not immediately say how much the strong US dollar weighed on quarterly results.

Domino's US sales at established company-owned restaurants were up 11.5 per cent for the quarter. International same-store sales rose 7.7 per cent, excluding the impact of changes in exchange rates.

The second-largest U.S. pizza chain by store count has been outperforming rivals such as Yum Brands Inc's Pizza Hut in the United States due to digital investments, which make it easier for customers to order pizzas using methods such as smart watches and digital wallets.

Yum Brands on Tuesday said Pizza Hut same-restaurant sales were flat in the United States in the latest quarter.

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