Papa John's

Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of the operations of all domestic company-owned restaurants and derives its revenues principally from retail sales of pizza and side items, including breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned or bottled beverages. The North America Commissaries segment is involved in the operations of regional dough production and product distribution centers and derives its revenues principally from the sale and distribution of food and paper products to domestic company-owned and franchised restaurants in the United States and Canada. The North America Franchising segment offers franchise sales and support activities and derives its revenues from sales of franchise and development rights and collection of royalties from franchisees located in the United States and Canada. The International Operations segment represents the distribution sales to franchised Papa John’s restaurants located in the United Kingdom and franchise sales and support activities, which derive revenues from sales of franchise and development rights and the collection of royalties from international franchisees. The company was founded by John H. Schnatter in 1984 and is headquartered in Louisville, KY.

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Papa John's reports robust 2022 performance and eyes global expansion

Papa John's strong finish in 2022 sets the stage for continued success in 2023. By leveraging product innovation, digital capabilities, and customer loyalty, the company aims to drive profitability and growth. While facing margin challenges, Papa John's strategic focus on operational excellence and expansion provides a solid foundation for future success.

Papa John's reports record sales and navigates industry challenges

Papa John's Q1 2023 showcased strong performance, financial growth, and operational improvements amidst industry challenges.
The company's focus on innovation, brand engagement, and value proposition positions it well for future growth and market expansion.
Challenges include economic impacts on consumer behavior, competition dynamics, and operational complexities in new markets.
Opportunities in international expansion, loyalty program integration, and cost control measures present avenues for sustained growth.

Papa John's reports resilient Q2 performance and strategic growth initiatives

Papa John's Q2 2023 earnings call highlighted solid performance amidst challenges, with a focus on menu innovation, operational efficiencies, and market competitiveness. Despite comps decline, the company is optimistic about future growth opportunities through improved operations and customer loyalty initiatives. Papa John's strategic acquisitions and focus on value delivery position it for long-term profitability and success.

Papa John's reports solid Q3 performance, eyes growth opportunities

Papa John's Q3 2023 showcased strong North America comp sales and global system-wide growth. The company is strategically investing in digital enhancements, loyalty programs, and revenue management to drive profitability. Despite challenges, Papa John's is confident in its long-term growth potential.

Papa John's reports record sales and plans for sustainable growth

Papa John's strong performance in Q4 2023 reflects record sales and positive comps, with a focus on sustainable growth through strategic initiatives.
The company's strengths lie in product innovation, strategic partnerships, and proactive measures to address challenges in international markets.
Challenges include optimizing operations in key markets and balancing offerings to meet evolving consumer preferences while maintaining competitiveness.
Opportunities for growth include accelerating development, investing in technology, and exploring strategic options for operational enhancements.

Papa John's reports mixed Q1 results, focuses on global growth

Papa John's Q1 2024 performance showed mixed results in North America but positive international growth, with a focus on improving margins and cost management.
The company faces challenges in a tough macroeconomic environment and shifting consumer behavior but remains confident in its strategic Back to Better 2.0 plan.
Strengths include optimizing construction costs, monitoring consumer behavior shifts, and maintaining service quality, positioning Papa John's for long-term success.
Opportunities in international growth, product innovation, and adjusting offerings present avenues for sustained growth and profitability for Papa John's.

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Papa John's International, Inc. engages in the operation and franchise of pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned and bottled beverages. The North America Franchising segment involves the offering of sales and support activities, development rights, and collection of royalties from franchisees located in the United States and Canada. The North America Commissaries segment includes the eleven full-service regional dough production and distribution and quality control centers. The International Operations segment represents all restaurant operations outside of the United States and Canada. The All Others segment focuses on franchise contributions to marketing funds and sale, company-owned and franchised restaurants, information systems and related services used in restaurant operations, point-of-sale system, online and other technology-based ordering platforms, printing, and promotional items. The company was founded by John H. Schnatter in 1984 and is headquartered in Louisville, KY.

The latest menu innovation adds layers of garlic to the company's Epic Stuffed Crust pizza, inspired by fans' obsession with its signature Special Garlic Sauce The latest menu innovation adds layers of garlic to the company's Epic Stuffed Crust pizza, inspired by fans' obsession with its signature Special Garlic Sauce

Papa Johns Canada Fuels Fandom with New Garlic Epic Stuffed Crust Pizza

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Papa John's (PZZA) second-quarter fiscal 2023 results are affected by dismal franchisees comp performance and a challenging operating environment.

Papa John's (PZZA) Q2 Earnings Match Estimates, Revenues Lag

The headline numbers for Papa John's (PZZA) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Papa John's (PZZA) Q2 Earnings: A Look at Key Metrics (Revised)

Consumers are pulling back on discretionary spending, and Papa Johns is taking a hit.

Papa Johns' prices are driving some customers away

Compared to Estimates, Papa John's (PZZA) Q2 Earnings: A Look at Key Metrics

Papa John's International, Inc. (NASDAQ:PZZA ) Q2 2023 Results Conference Call August 3, 2023 8:00 AM ET Company Participants Stacy Frole - VP, IR Rob Lynch - President & CEO Ravi Thanawala - CFO Chris Collins - Interim Principal Financial and Accounting Officer Conference Call Participants Brian Bittner - Oppenheimer Joshua Long - Stephens Sara Senatore - Bank of America Chris O'Cull - Stifel Eric Gonzalez - KeyBanc Alexander Slagle - Jefferies Andrew Strelzik - BMO Capital Markets Operator Good day and thank you for standing by. Welcome to the Papa John's Second Quarter 2023 Conference Call and Webcast.

Papa John's International, Inc. (PZZA) Q2 2023 Earnings Call Transcript

Papa John's (PZZA) came out with quarterly earnings of $0.59 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.74 per share a year ago.

Papa John's (PZZA) Matches Q2 Earnings Estimates

Papa John's International Inc. said Thursday its second-quarter earnings fell to $17.77 million, or 54 cents a share, from $25.43 million, or 70 cents a share, in the year-ago quarter.

Papa John's profit falls on “challenging operating environment” for pizza chain

LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns®”) today announced financial results for the second quarter ended June 25, 2023. Highlights North America comparable sales were down 1% compared with the second quarter of 2022 as the strength of Domestic Company-owned restaurants was offset by lower North America franchised restaurant comparable sales; International comparable sales were down 1% from a year ago and improved 5% from the first quarter.

Papa Johns Announces Second Quarter 2023 Financial Results; Increases Cash Dividend by 10%

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ATLANTA--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns”) today announced the appointment of Patrick Coelho as the Company's first-ever Senior Vice President of Development, effective July 31, 2023. In this newly established role, Mr. Coelho will oversee North American restaurant real estate development activities, continue to advance business development goals and collaborate with senior leadership to execute the Company's North America franchise development strat.

Papa Johns Appoints Patrick Coelho as SVP of Development, Introducing New Role Amid Growth in the Region

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ATLANTA--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns®”) today announced that John Miller, Former President and Chief Executive Officer and Director of Denny's Corporation (NASDAQ: DENN) has been appointed to the Company's Board of Directors as a new independent director. “We are pleased to welcome John to the Papa Johns Board,” said Christopher L. Coleman, Chair of the Papa Johns Board of Directors. “He is an accomplished restaurant industry veteran with a track.

Papa Johns Appoints John Miller to Board of Directors

High costs and macroeconomic challenges hurt Papa John's (PZZA). However, expansion efforts and robust digitalization bode well.

Papa John's (PZZA) Stock Down 11% in a Year: Can It Revive?

Papa Johns is looking to learn from Nike's omnichannel success with its new C-suite addition, tapping Nike North America's chief financial officer to take over the same role at the pizza chain as restaurants across the industry learn from retailers' successes and failures.

Papa Johns Hires Former Nike Exec as Restaurants Learn From Retailers

Papa John's International Inc. PZZA, -3.29% said Monday it has named former Nike Inc. NKE, -0.85% official Ravi Thenawala as chief financial officer. Thenawala spent the last seven years at the sporting company as CFO of Nike North America, its biggest division with fiscal 2022 revenue totaling about $18 billion.

Papa John's taps ex-Nike executive as new CFO

ATLANTA--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns”) today announced the appointment of Ravi Thanawala to Chief Financial Officer, effective July 24, 2023. Mr. Thanawala brings financial leadership experience with global consumer brands to the role, including seven years at Nike where he most recently served as CFO of Nike North America, its largest division, with fiscal year 2022 revenue of approximately $18 billion. “Ravi is a multi-faceted leader who brings.

Papa Johns Appoints Ravi Thanawala As Chief Financial Officer

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LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) will release its second quarter financial results before the market opens on Thursday, August 3, 2023, with a conference call to follow discussing these results at 8:00 a.m. ET. To attend the conference call or webcast, participants should register online at ir.papajohns.com/events-presentations. Participants are requested to register a day in advance or at a minimum 15 minutes before the start of the call. A repla.

Papa Johns to Report 2023 Second Quarter Results on August 3, 2023

Papa John's (PZZA) announces the acquisition of the M25 division of Drake Food Service International in the U.K.

Papa John's (PZZA) Acquires Drake Food's Restaurants in UK

LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns” or “Company”) today announced the acquisition of restaurants previously operated by the M25 division of Drake Food Service International (DFSI) in the United Kingdom. The transition of restaurants will establish a portfolio of Company-owned restaurants in the market. Financial terms of the transaction were not disclosed. “The U.K. is important within our international footprint with the largest number.

Papa John's International Acquires Drake Food Service International's Restaurants in the United Kingdom

Restaurant companies like Domino's (DPZ) and Papa John's (PZZA) are gradually getting back on track with pent-up demand for dine-in experience and robust off-premise sales.

DPZ Vs. PZZA: Which Restaurant Stock Is Better Placed Now?

Investors looking for bargains in the restaurant sector may consider ordering a slice of the pie from Papa John's International Inc. NASDAQ: PZZA. The pizza giant may be ready to deliver more dough to investors as it serves up a corporate turnaround.

Will Papa John's Turnaround Serve Up More Revenue Growth?

EDMONTON, Alberta, May 15, 2023 (GLOBE NEWSWIRE) -- You butter believe it. Pizza fans can now celebrate with an even better Butter Chicken Pizza.

Papa Johns Canada Unveils Butter Chicken Pizza, Made Better

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News for Papa John's Stock (PZZA)