Domino's Pizza reported lower earnings due to the credit freeze and was seeking new debt financing. While fundamentally sound, Domino's cited Lehman Brothers as a primary lender, and that it needed to find alternate financiers.
"Our operators face the powerful forces of high commodity prices [and] consumers who are reluctant to spend," said chairman and CEO David Brandon.
Domino's reported an 8% drop in profit on a 4% drop in revenues for the third quarter but expressed confidence in its long-term plans.
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