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Stock impact report

Papa Johns Announces Third Quarter 2024 Financial Results

Papa John's International, Inc. (PZZA) 
Last papa john's international, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.papajohns.com
Company Research Source: Business Wire
LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John’s International, Inc. (Nasdaq: PZZA) (“Papa Johns®”) (the “Company”) today announced financial results for the third quarter ended September 29, 2024.HighlightsNorth America comparable sales(a) were down 6% from a year ago as Domestic Company-owned restaurants were down 7% and North America franchised restaurants were down 5%; International comparable sales(a) were down 3% compared with the prior year period.25 net restaurant openings in the third quarter; North America remains on track for more than 100 gross restaurant openings in fiscal year 2024, while International anticipated gross openings increases to between 170 and 190 restaurants.Global system-wide restaurant sales were $1.19 billion, a 3%(b) decrease compared with the prior year third quarter, driven by lower comparable sales partially offset by trailing twelve month net restaurant growth.Total revenues of $507 million were down 3% compared with a year ago driven by lower Int Show less Read more
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