Domino's Pizza, Inc. (NYSE:DPZ) , the recognized world leader in pizza delivery, announced results for the third quarter ended September 7, 2008. Net income was negatively impacted versus the prior year quarter by continued challenges in the domestic environment and resulting decreases in domestic same store sales and supply chain volumes. The International division continued its strong performance, posting its 59th consecutive quarter of same store sales growth, up 5.4% during the third quarter of 2008.

  Third Quarter Highlights:

  (dollars in millions,
   except per share data)   Third       Third     First Three   First Three
                          Quarter of  Quarter of  Quarters of   Quarters of
                             2008        2007        2008          2007

  Net income                 $10.1        $11.0        $42.9        $21.7

  Weighted average
   diluted shares       58,042,743   63,971,505   58,859,220   64,534,801

  Diluted earnings per
   share, as reported        $0.17        $0.17        $0.73        $0.34
  Items affecting
   comparability
   (see section below)      $(0.05)          $-       $(0.17)       $0.49
  Diluted earnings
   per share, as adjusted    $0.13        $0.17        $0.56        $0.82

-- Diluted EPS was $0.17 on an as-reported basis for the third quarter, flat from the as-reported prior year period. However, excluding items affecting comparability, diluted EPS declined $0.04, primarily due to lower operating income from domestic operations.

                                     Third Quarter       Third Quarter
                                        of 2008             of 2007
  Same store sales growth: (versus
   prior year period)
    Domestic Company-owned stores        (3.4)%             +0.8%
    Domestic franchise stores            (6.4)%             (2.0)%
    Domestic stores                      (6.1)%             (1.6)%
    International stores                 +5.4%              +8.3%

  Global retail sales growth: (versus
   prior year period)
    Domestic stores                      (5.8)%             (0.4)%
    International stores                +14.1%             +20.4%
    Total                                +2.4%              +7.2%



                    Domestic      Domestic     Total
                 Company-owned   Franchise   Domestic  International
                    Stores         Stores     Stores      Stores      Total
  Store counts:
   Store count at
    June 15, 2008      515          4,592      5,107       3,564      8,671
   Openings              1             34         35          84        119
   Closings              -            (56)       (56)         (8)       (64)
   Transfers            (4)             4          -           -          -
   Store count at
    September 7, 2008  512          4,574      5,086       3,640      8,726
   Third quarter 2008
    net growth          (3)           (18)       (21)         76         55
   Trailing four
    quarters net
    growth             (53)             3        (50)        266        216

David A. Brandon, Domino's Chairman and Chief Executive Officer, said: "A key component of our turnaround plan is the renewal of our brand - including significantly expanding our menu, improving our existing products, entering new day parts, increasing store traffic and energizing our franchise system. Reversing negative trends in the current environment is very tough. Our operators face the powerful forces of high commodity prices, consumers who are reluctant to spend, and a credit crunch that has slowed domestic new store growth, re-investment in stores, and our ability to expedite the turnover of poor-performing franchisees. Despite these macroeconomic challenges, we believe in our turnaround plan for our domestic business and are encouraged by the initial results of many of our new initiatives. Internationally, we continue to experience strong sales and continued expansion. Most important, our strong cash flows remain the mainstay of our business model. We believe 'cash is king' in today's uncertain market conditions."

About Domino's Pizza(R)

Founded in 1960, Domino's Pizza is the recognized world leader in pizza delivery. Domino's is listed on the NYSE under the symbol "DPZ." Through its primarily locally-owned and operated franchised system, Domino's operates a network of 8,726 franchised and Company-owned stores in the United States and 60 international markets. The Domino's Pizza(R) brand, named a Megabrand by Advertising Age magazine, had global retail sales of over $5.4 billion in 2007, comprised of $3.2 billion domestically and $2.2 billion internationally. During the third quarter of 2008, the Domino's Pizza(R) brand had global retail sales of $1.3 billion, comprised of approximately $683 million domestically and approximately $583 million internationally. Domino's Pizza was named "Chain of the Year" by Pizza Today magazine, the leading publication of the pizza industry. Customers can place orders online in English and Spanish by visiting www.dominos.com or from a Web-enabled cell phone by visiting mobile.dominos.com. More information on the Company, in English and Spanish, can be found on the Web at www.dominos.com. Domino's Pizza. You Got 30 Minutes(TM).