Domino's Pizza Inc. said profit rose in its latest quarter, though results fell short of analysts' estimates, as continued sales growth in the U.S. was countered by some currency headwinds overseas.

Domino's has posted generally strong results in recent years after reworking its pizza recipe with thicker crust and a new mix of cheeses as the company fought the perception that its pies weren't as tasty as competitors'.

In the third quarter ended Sept. 6, domestic same-store sales jumped 10.5% and overseas, excluding foreign exchange volatility, same-store sales climbed 7.7%. The company didn't detail currency exchange impacts. Domino's has pushed to grow its business overseas. The chain added a net 194 locations during the period, mostly internationally.

Overall, Domino's reported a profit of $37.8 million, or 67 cents a share, up from $35.6 million, or 63 cents a share, a year earlier. Besides currency impacts, the company said a $5.7 million charge linked to its casualty insurance program weighed on profit.

Revenue grew 8.5% to $484.7 million on higher royalties from franchisees, higher supply-chain revenues and increased sales of equipment to stores.

Analysts polled by Thomson Reuters had forecast earnings of 74 cents a share on revenue of $487 million.

During the quarter, Domino's repurchased $40.9 million of its shares.

Write to Ezequiel Minaya at ezequiel.minaya@wsj.com

 

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(END) Dow Jones Newswires

October 08, 2015 08:55 ET (12:55 GMT)

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