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Papa John's International, Inc. (NASDAQ: PZZA) is a globally recognized leader in the quick-service restaurant (QSR) pizza market, ranking as the fourth-largest limited-service pizza chain in both the United States and worldwide. With over 5,900 restaurants spread across nearly 50 countries by the end of 2023, Papa John's has established a strong international presence, notably in the United Kingdom, China, South Korea, and Chile.
The company primarily operates through a franchised system, with 11% of its restaurants being company-owned. Papa John's generates revenue through various channels including franchise royalties, direct sales of pizza and related products at its company-owned stores, and sales from its extensive commissary supply chain.
Papa John's is committed to delivering high-quality products and services. Their philosophy is encapsulated in the phrase: 'Better Ingredients. Better Pizza.' The company's success is built on the entrepreneurial spirit and dedication of its team members. Papa John's emphasizes hands-on training, career advancement opportunities, and a supportive work environment, which contribute to producing top-notch pizza and fostering a strong team culture.
At Papa John's, team members (not employees) are viewed as the cornerstone of the company's operations. Whether working at the corporate campus, distribution centers, restaurants, or international locations, every team member plays a vital role in delivering exceptional customer experiences. The company is also an equal opportunity employer, offering excellent career opportunities and promoting from within whenever possible.
In recent years, Papa John's has continued to innovate and expand. The company's strategic partnerships, new menu offerings, and commitment to quality have bolstered its market position. Financially, Papa John's remains robust, leveraging its franchise model and supply chain efficiency to drive growth.
For more information on the latest updates and relevant information about Papa John's International, Inc., visit our news section below.
Papa Johns (Nasdaq: PZZA) has announced it will release its fourth quarter and full year 2024 financial results before market opening on Thursday, February 27, 2025. The company will host a conference call at 8:00 a.m. ET on the same day to discuss the results.
Key participants in the call will include Todd Penegor (President and CEO), Ravi Thanawala (CFO and EVP, International), and Stacy Frole (VP of Investor Relations). Interested parties can register for the webcast at the company's investor relations website, with registration recommended at least 15 minutes before the call begins. A replay will be available approximately two hours after the call.
Papa John's International (Nasdaq: PZZA) has announced a quarterly dividend declaration approved by its Board of Directors. The company will pay a dividend of $0.46 per common share on February 21, 2025, to shareholders recorded as of February 10, 2025. Based on this quarterly rate, the total annual dividend amounts to $1.84 per common share.
Papa Johns (NASDAQ: PZZA) released preliminary Q4 and full-year 2024 results, reporting mixed performance. Global system-wide sales reached approximately $1.2 billion in Q4, showing an 8% decrease year-over-year, primarily due to an additional week in 2023. Excluding this effect, sales remained roughly flat.
Q4 North America comparable sales declined 4%, with both transaction and ticket down 2%. International comparable sales increased 2%. The company achieved significant unit growth, adding 122 net new restaurants in Q4 (60 in North America, 62 International).
For full-year 2024, global system-wide sales were approximately $4.9 billion, down 3% from 2023. The company reached a milestone of 6,000 restaurants, with a total of 124 net new restaurants opened during the year. Final results are expected to be released on February 27, 2025.
Papa Johns has announced its participation in the upcoming 2025 ICR Conference, where key leadership members will engage with institutional investors on January 13 & 14, 2025. The company's executives, including Todd Penegor (President and CEO), Ravi Thanawala (CFO and EVP, International), and Stacy Frole (VP of Investor Relations), will participate in an analyst-led fireside chat scheduled for 8:00 a.m. ET on January 14, 2025.
The fireside discussion will be accessible through a live audio webcast on Papa Johns' Investor Relations website, with a replay available shortly after the event concludes.
Papa Johns (PZZA) is hosting its previously announced analyst and investor meeting on December 12, 2024, at 10:00 am ET. The event will feature President and CEO Todd Penegor sharing insights from his first 100 days, along with presentations from CFO Ravi Thanawala. The program includes a fireside chat with key leadership team members, including the Chief Restaurant and Development Officer, Chief Digital and Technology Officer, and Chief Marketing Officer, followed by an open Q&A session. No formal financial guidance will be provided during the meeting. A live video webcast will be available on Papa Johns' Investor Relations website, with replay access after the event.
Papa Johns and Aviation American Gin have partnered to create the 'Cini Tini', a unique cocktail combining Papa Johns' signature pepperoncini with Aviation American Gin. The drink was unveiled for National Happy Hour Day, featuring a recipe that includes pepperoncini brine and Aviation American Gin. Scott Uehlein, Vice President of Culinary at Papa Johns, emphasized how this innovation combines their iconic pepperoncini with the botanical blend of Aviation Gin. While not available in restaurants, customers can make the cocktail at home using Papa Johns pepperoncini and following the provided six-step recipe.
Papa Johns has appointed Jenna Bromberg as Chief Marketing Officer, effective Nov. 14. Bromberg joins from Carter's Inc., where she served as Vice President of Brand Marketing & Creative, and previously held the position of Director of Core Brand Marketing at Pizza Hut. In her new role, she will lead Papa Johns' marketing strategy, brand development, digital customer experience, and creative initiatives. Reporting to CEO Todd Penegor, Bromberg will focus on elevating the brand through data-driven campaigns and overseeing product innovation to expand market presence.
Papa Johns (Nasdaq: PZZA) reported its Q3 2024 financial results, highlighting a 6% decline in North America comparable sales and a 3% drop in international comparable sales. The company opened 25 net new restaurants, with global system-wide sales down 3% to $1.19 billion. Total revenues fell 3% to $507 million, primarily due to lower international and domestic sales. Operating income surged to $65 million, driven by gains from property sales, while adjusted operating income decreased to $29 million. Diluted EPS rose to $1.27 from $0.48, but adjusted EPS dropped to $0.43 from $0.53. CEO Todd Penegor emphasized strategic initiatives and potential for sustainable growth. The company paid $15.2 million in dividends and declared a Q4 dividend of $0.46 per share.
Papa Johns (Nasdaq: PZZA) has announced a quarterly dividend of $0.46 per common share. The dividend will be paid on November 29, 2024, to shareholders of record as of November 18, 2024. At this quarterly rate, the annual dividend amounts to $1.84 per common share.
Papa Johns (Nasdaq: PZZA) has announced an analyst and investor meeting scheduled for December 12, 2024, in Atlanta. The event will feature President and CEO Todd Penegor sharing insights from his first 100 days at the company and moderating a fireside chat with key leaders.
The meeting, starting at 10:00 am ET, will include prepared remarks from Penegor and CFO Ravi Thanawala, followed by discussions with other executive team members. While no formal financial guidance will be provided, the event will offer a chance to sample Papa Johns products and interact with management.
A live video webcast will be available on the Papa Johns Investor Relations website, with registration required at least 15 minutes before the start. The event is expected to conclude around 12:00 pm ET, with in-person attendance to institutional investors and sell-side analysts.
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