Financial Round-Up

<b></b>
  • ---Shares

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

Next Article:
A Look at the Demanding Schedule of Elon...
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.