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Tuesday, August 12, 2014

Biggest Domino's Pizza franchise goes online for profit growth, (NYSE: DPZ)

Australia's Domino's Pizza Enterprises Ltd, the largest franchisee for the brand in the world, is banking on online orders to help it achieve 20 percent earnings growth this financial year after they lifted net profits by half a year ago.Orders via social media, apps and its websites accounted for 60 percent of total annual sales in the year that ended June 2014, the company said on Tuesday, helping drive full-year underlying net profit after tax up 50 percent to A$45.8 million ($42.4 million).The company comprises Domino's Australia and New Zealand restaurants and last year bought a controlling stake in Domino's Japanese franchise. It also runs restaurants in France, Belgium and the Netherlands.This year, Domino's Pizza Enterprises (DPE) expects online orders to grow to 80 percent of sales. It currently offers online ordering in Japan, Australia and New Zealand, and the roll-out of the online system in Europe is due to be completed by June 2015.

Domino?s Pizza, Inc. (Domino?s) is a pizza delivery company in the United States. Shares of DPZ traded higher by 0.96% or $0.69/share to $72.75. In the past year, the shares have traded as low as $60.86 and as high as $80.61. On average, 388500 shares of DPZ exchange hands on a given day and today's volume is recorded at 271380.