Welcome to our dedicated page for Papa John's International news (Ticker: PZZA), a resource for investors and traders seeking the latest updates and insights on Papa John's International stock.
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 John's International, Inc. (NASDAQ: PZZA) has declared a quarterly dividend of $0.46 per common share, with an annual dividend equivalent to $1.84 per common share. The dividend is payable on May 31, 2024, to shareholders of record on May 20, 2024.
Papa John's International, Inc. announced the promotion of Kurt Milburn to Chief Supply Chain Officer, replacing Shane Hutchins who is retiring after 26 years with the company. Milburn brings extensive experience in supply chain and engineering from his previous roles at Scotts Miracle-Gro Company, General Electric, and General Motors. Milburn will oversee Papa Johns Food Service operations and report to interim CEO Ravi Thanawala.
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