Get All Access for $5/mo

Domino's Finishes 2014 Strong as Sales Surge The pizza chain just capped off the 21st straight year of international same-stores sales growth.

By Kate Taylor

Opinions expressed by Entrepreneur contributors are their own.

2014 was a good year to be in the pizza business.

On Tuesday, Domino's announced same-store sales grew 11 percent domestically in the quarter and 6 percent internationally, capping off the 21st straight year of international same-stores sales growth.

Additionally, the chain's revenue increased 13.5 percent to $643 million in the fourth quarter, beating the $615.2 million analysts were expecting. According to Domino's the revenue boost was due to the elevated cost of ingredients (specifically cheese and meats) sold to franchisees and increased sales of equipment to stores as part of its remodeling efforts.

Related: Chipotle-Backed Pizzeria Locale Expands to Kansas City

"Fundamental strength, with a growing global store base, robust sales and technological innovation, continues to truly drive the business," Domino's CEO J. Patrick Doyle said in a statement. "Franchisees are both energized and financially sound, which is fueling our store reimage program, sales and store growth."

Last week, Domino's kicked off a campaign to get any less than "energized" franchisees moving on the pizza chain's program to drop the word 'pizza' from all signage, referring to the chain simply as 'Domino's.' Customers are being encouraged to upload photos of any mislabeled Domino's Pizza signs on Instagram, promising "informants" a chance to enter in a free pizza giveaway.

While the chain saw a nice sales boost in the fourth quarter, its profit came in slightly lower than expected at $48 million, or 85 cents per share. Excluding charges, the chain reported a profit of 91 cents per share. Analysts were expecting a profit of 93 cents.

The company also reported adjusted full-year earnings of $2.90 a share, a jump of 18 percent from last year.

Related: Domino's Wants Customers to Tattle on Franchisees Who Haven't Updated Their Signage

Kate Taylor

Reporter

Kate Taylor is a reporter at Business Insider. She was previously a reporter at Entrepreneur. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Marketing

5 Critical Mistakes to Avoid When Giving a Presentation

Are you tired of enduring dull presentations? Over the years, I have compiled a list of common presentation mistakes and how to avoid them. Here are my top five tips.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Science & Technology

5 Automation Strategies Every Small Business Should Follow

It's time we make IT automation work for us: streamline processes, boost efficiency and drive growth with the right tools and strategy.