Newsletter for the month of August

TUESDAY NIGHT CHAT SESSIONS

Drop in tonight (Tuesday August 13th) at 8 p.m. EST for the next installment of the Tuesday Night Chat Session. Tonight is an open forum with PMQ. Drop in to discuss the latest trends from the 2002 Pizza Industry Report. Find out who is winning the pizza wars, how independents have performed in the past year or statistics for your state.

Upcoming Chats will feature

Mark Slutsky- PMQ Streetfighter Columnist
August 20th
Tom Lehmann- The Dough Doctor 
August 27th
Big Dave Ostrander- The Pizza Doctor
September 3rd
Michael P. Cohen- Big Slice Consulting
September 10th
Hugh Phillipin- Owner, Chic Alors Pizzeria
September 17th

Click Here to go the the PMQ Chat Room

Domino's Pizza Announces Record Second Quarter Results 

ANN ARBOR, Michigan - July 30, 2002 - Domino's, Inc., the world leader in pizza delivery, today announced record results for the second quarter of 2002, which ended June 16, 2002.  The Company also announced the completion of a new $465 million senior credit facility replacing the previously existing $545 million senior credit facility.

The following are highlights for the second quarter of 2002 compared to the same period in 2001.

·         Net income increased 21.8% to $10.8 million.

·         Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 13.9% to a second quarter record of $41.6 million.

·         Domestic same store sales increased 4.2%, comprised of a 4.7% increase in domestic franchise same store sales and a 1.5% increase in domestic Company-owned same store sales.  Domestic same store sales have shown positive growth in 34 of the last 36 quarters.

·         International same store sales increased 4.7%, on a constant dollar basis, marking the 34th consecutive quarter of international same store sales growth.

·         System-wide sales increased 6.0% to $904.3 million. 

·         The Company repaid $17.6 million of debt during the second quarter of 2002, bringing total debt repayments over the most recent four fiscal quarters to nearly $53 million. Read More

What's Happening in the Pizza Industry
News Bites for Pizza People

 

AFTON-PIZZA DELIGHT MERGER HELD FOR MORE DISCLOSURE
Article Review from Nation's Restaurant News
July 15th, 2002 issuePage 60
Nation's Restaurant News reports Afton Food Group Ltd. postponed shareholder approval of its merger with Moncton, New Brunswick-based Pizza Delight Corp. to assess the possible need for more disclosures. Read More

SHAKEY'S  PREXY FLYNN EXITS IN TURNAROUND STALL
Article Review From Nation's Restaurant News
August 5th, 2002 issuePage 6
Nation's Restaurant News reports Sean Flynn left the nearly 60-unit Shakey's Inc. pizza parlor chain for undisclosed reasons after serving as president for 16 months. This continues more than a decade of high front-office turnover at the 48 year-old company.  Read More

PIZZA PLAYERS VIE FOR SHARES OF SEGMENT PIE W/ NEW OFFERINGS
Article Review fromNations Restaurant News
July 8th, 2002 issue page 4 Article by Amy Zuber
Intense competition in the pizza category shows no signs of easing despite a cost break from lower cheese prices this company, according to Nation's Restaurant News magazine. Read More  

CLICK HERE for more reviews and industry events
 

PAPA MURPHY'S PREPS DISTINCT SERVING FOR DAVIDANDGOLIATH


West Coast Shop Heads to Kitchen to "Carry Out" New Ideas
 
July 31, 2002, LOS ANGELES, CA - Papa Murphy's, the largest take-and-bake pizza company in the world with nearly 800 franchised and company-owned stores, has awarded their advertising account to davidandgoliath (dng), one of the fastest-growing agencies in the country. As a result, the agency will be developing a new ad campaign for Papa Murphy's that is due to break in September. Read More

AMERICAN INSTITUTE OF BAKING (AIB) TECHNICAL BULLETINS AVAILABLE

The AIB Technical Bulletins were first published in 1979. They have since become a valuable reference source to readers worldwide. This monthly publication was developed to keep the baking industry and allied trades apprised of current trends in ingredients, products, equipment, processing, packaging, new technologies, food safety, and nutrition health. In addition to AIB staff contributions, many Technical Bulletins are written by outside experts in their respective fields. Read More

What's New

Here are just a few of the press releases PMQ received and posted to www.pizzanewsonline.com in the Products section. If you or your company has some news, product updates or new idea you would like ot have on the site, email the press release as a Word document to tom@pmq.com , fax it to Tom Boyles at 662-234-0665 or mail it to PMQ Attn: Tom Boyles, 1295d N. Lamar Blvd., Oxford, MS 38655.

Click on the title to read the press release
High speed infrared cooking appliance now available           
NEW SERVER SOLUTIONä PUMPS THROUGH THICK AND THIN 
THE VALUE IN TOASTING 
HIGH-PERFORMANCE BIVERBA SLICERS FROM UNIVEX 
The Ultimate in Safety and Quality 
National Systems Corp. Makes Order-Taking a Quik Touch    
HEAVY-DUTY SPIRAL DOUGH MIXERS WITH POWER LIFTS


Why Should you visit PMQ.com?

"I wanted to thank you all for making the Think Tank such an awesome tool for operators. I have seen things shared on there I would never imagine people would share with another operator!  I am amazed that there is no hesitation to help one another get ahead."   Ann R.

"As all of you other pizza-preneurs know, there have been those days when I've wanted nothing more than to close the doors, send everyone home and go back to a nice and safe 9-to-5'er. But then, as all hope looks lost, I open my email and receive the MAIL-LIST from PMQ. This of course just fires me up to: Do more door-hangers, tweak my menu, weight my cheese, complete that never-ending employee manual, do more training, drive my delivery area looking for more new companies, test the competition, have a employee sales contest, etc. etc. etc.  So, for all of my brothers and sisters in arms --- keep pluggin' away. For the staff and experts at PMQ --- thank you for being there in my time(s) of need."    Jerry

Here's How Pizza Operators Are Getting an Edge Over Their Competition

Think Tank- Got a dough question? Need marketing ideas? Get ALL your questions answered fast. 
Classifieds- Need equipment? Have something you want to sell? Need a position filled? Post it here...FREE !
Ask the Experts- Get direct access to the pizza industry's leading consultants and experts. 
PMQ Industry Links- Find links to those hard to find products and companies or contact PMQ to get your company listed. 
Manager's Toolbox- Tools and templates to help you run your pizzeria better. Free downloads. 
Previous Issues Archives- Miss an issue of PMQ? Find five year's worth of pizza info and marketing advice here.
PMQ Chat Room- The only live chat sessions in the pizza industry. Drop in Tuesday nights at 8 pm EST for special chat sessions...live!
Recipe Bank- Looking for a thick or thin crust recipe? Pizza or sauce recipes? Get 'em here.
Pizza News- Six categories of pizza news to choose from. Stay informed on what's happening in your industry. New pizza and restaurant news daily.
And More... it will take you weeks to read all of the pizza info on PMQ.com. Check it out and see why over 1,400 people visit PMQ.com every day.