Financial Round-Up

<b></b>
2 min read
Opinions expressed by Entrepreneur contributors are their own.

Milton Keynes, England-Domino's has reported a 61 percent jump in profits as it steps up plans for more stores across the United Kingdom. The pizza take-away chain has delivered pre-tax profit of 2.2 million pounds (about $3.1 million) in 2000, it's first full year as a listed company.

Memphis, Tennessee-Four of the five top executives of ServiceMaster Co. didn't receive bonuses for 2000, as the home-maintenance and lawn-care services company's net income fell 18 percent and its stock slipped at close to $11.50, according to a filing with the Securities and Exchange Commission.

The only top executive to get a bonus was Ernest J. Mrozek, president of consumer and commercial services, which was the company's best-performing unit last year. Mrozek received $294,000, down 23 percent from 1999. -Crain's Chicago Business

Ann Arbor, Michigan-Domino's Inc. reported net income of $25.2 million for the year ended Dec, 31, 2000, 12 times more than fiscal 1999's earnings of $2.09 million. Fourth quarter earnings were $10 million, versus a loss of $3.25 million for the previous year period. Revenue for the year was flat, at $1.17 billion. -Nation's Restaurant News

Austin, Texas-Deli operator and franchisor Schlotzsky's Inc. reported a loss of $2.31 million for the fiscal year ended Dec. 31, 2000, compared with a net income of $526,000 for the previous year.

Fiscal 2000 revenue grew 15 percent to $59.18 million, from $51.4 million for fiscal 1999. Systemwide same-store sales at the 711-unit Schlotzsky's grew 4.1 percent for the same year. -Nation's Restaurant News

More from Entrepreneur

Elizabeth's expertise can help you scale your business, build a personal brand and focus on being a value-driven CEO.
Book Your Session

For a limited time only, get this bundle of Entrepreneur PressĀ® titles for less than $30 (60% OFF) on our bookstore when you use "LEAP" at checkout.
Buy Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.