Where the Money Is 09.05.2014
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 5 September 2014
⏱️ 18 minutes
🧾️ Download transcript
Summary
In this edition of Where the Money Is, analyst Mark Reeth interviews Dominos CEO Patrick Doyle.
Transcript
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| 0:00.0 | Hey everybody I'm Mark Reith with the Motley Fool and joining me today we have a very special guest over the phone Mr. J Patrick Doyle |
| 0:06.8 | CEO of Domino's Mr Doyle thank you so much for joining us today |
| 0:12.0 | Thanks Mark. I appreciate it. |
| 0:13.8 | We're happy to have you on. |
| 0:14.8 | Oh, yes, we did. |
| 0:15.8 | I'm going to be dropping that tagline constantly throughout this call. |
| 0:18.8 | I hope you're okay with that. |
| 0:20.3 | It's a great tagline. It works. |
| 0:23.0 | Yeah, it absolutely does. |
| 0:24.0 | It certainly worked this quarter. |
| 0:26.0 | You guys just blew it out of the ballpark. |
| 0:28.0 | Earnings per share was up, revenue was up, |
| 0:31.0 | everything was above expectations. You opened over 130 net new stores, |
| 0:37.0 | comps were up across the board. First and foremost, where did all this strength come from |
| 0:41.8 | for Domino's this quarter? |
| 0:45.0 | You know, I think it's really been building for a while. |
| 0:47.0 | I mean, we've strung together a number of really great years now in a row going back to the beginning of 2010. |
| 0:57.0 | And so it's really a function of a few things. |
| 1:00.0 | It's, it's, you know, the products that we've been launching and talking about have clearly |
| 1:06.2 | been working but I think more importantly I think the fundamentals of the |
| 1:11.0 | brands we continue to see great retention the fundamentals of the brands. |
| 1:12.9 | We continue to see great retention with our customers, increasing frequency. |
... |
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