UPDATE: Domino's Posts Rise In Q1 Profit

Domino's Pizza

reported a rise in its first-quarter profit. Domino's quarterly profit surged to $34.4 million, or $0.59 per share, from $20.7 million, or $0.35 per share, in the year-ago period. Its revenue climbed 8.6% to $417.6 million. However, analysts were expecting a profit of 0.55 per share on revenue of $413 million. Domino's shares closed at $52.95 yesterday.