Papa Johns Intl Inc Stock Price, News & Analysis

Papa John's International, Inc. (NASDAQ: PZZA) will hold a quarterly conference call on November 3 at 8:00 a.m. ET to discuss its 2022 third-quarter earnings. The call will feature Rob Lynch, President and CEO; Ann Gugino, CFO; and Stacy Frole, Vice President of Investor Relations. Participants must register in advance to join the call or access the webcast, which will also be archived for later viewing. Founded in 1984, Papa John's emphasizes quality ingredients, making it the third-largest pizza delivery chain globally with over 5,500 locations in 49 countries.

Papa John's has launched a new chorizo pizza range inspired by space, marking the world's first space-flavored pizza. This innovative product is part of a broader marketing campaign across multiple countries including China and Germany. The campaign is notably linked to the chorizo's journey into space with astronaut Pedro Duque in 1998. Supported by a multi-channel global marketing effort, the range aims to enhance the brand's commitment to quality ingredients. Additionally, a limited-edition chorizo-style lipstick has been introduced to celebrate this unique offering.

MTN DEW and NBA 2K23 launched a Player's Pack Bundle at Papa Johns, timed with the game's release on September 9, 2022. Fans purchasing a large 3-topping pizza and two 20 oz. MTN DEW can unlock exclusive in-game perks and a chance to win up to a million dollars' worth of swag. The bundle includes 200,000 unique locker codes featuring player packs, Emerald Tier Cards, and MyPLAYER Skill Boosts. The offer starts at $17.99 and runs until October 14, 2022. Shaquille O'Neal promoted the initiative, enhancing engagement with fans in the gaming community.

Papa Johns has launched its new Football Pizza, designed for sports fans to enjoy during the football season. This innovative product features a crispy thin crust topped with signature pepperoni, shaped like a football, and priced at $10.99. Available nationally starting August 29, the Football Pizza aims to enhance game day celebrations. The launch follows the introduction of Papa Bowls. According to a recent survey, pepperoni is a top preferred topping among football fans.

Papa Johns has launched a new menu category, Papa Bowls, featuring their signature toppings without the crust. Available in three flavors – Italian Meats Trio, Chicken Alfredo, and Garden Veggie – these bowls are designed to appeal to customers craving a different pizza experience. The bowls will be available for Papa Rewards members starting August 15 and to the general public from August 22, each priced at $7.99. This release marks the company's continued focus on menu innovation, adding to previous offerings like the Epic Pepperoni-Stuffed Crust Pizza.

Papa John's International (NASDAQ: PZZA) reported Q2 2022 revenues of $522.7 million, up 1.5% year-over-year. Excluding refranchising effects, revenue growth was 5.2%. North America comparable sales increased 0.9%, while international sales fell 8.0%. The net income was $25.4 million, down from $32.3 million the previous year, with diluted earnings per share at $0.70. A 20% dividend hike to $1.68 annually was announced. Despite challenges from inflation and a contracting UK market, management remains optimistic about long-term growth through innovation and market share expansion.

Papa John's International, Inc. (NASDAQ: PZZA) will host its quarterly conference call on August 4 at 8:00 a.m. ET to discuss second-quarter earnings for 2022. Key participants will include CEO Rob Lynch and CFO Ann Gugino. Interested investors can register online at ir.papajohns.com/events-presentations. The company, renowned for its commitment to quality ingredients, operates over 5,500 restaurants globally, making it the third-largest pizza delivery chain.

Papa John's International (NASDAQ: PZZA) reported a 6.0% increase in revenues to $542.7 million for Q1 2022, with global system-wide sales of $1.3 billion, up 5.3%. Comparable sales rose 1.9% in North America and 0.8% internationally, following strong prior year gains. Earnings per diluted share hit $0.29, while adjusted EPS improved to $0.95. The company raised its restaurant growth outlook to 280-320 new units for 2022 and announced a long-term goal of opening 1,400-1,800 new locations by 2025. Despite inflationary pressures, Papa John's maintains positive momentum in unit growth and sales.