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Papa Johns Announces PepsiCo as its Beverage Partner in North America

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Papa Johns (NASDAQ: PZZA) has renewed its exclusive beverage partnership with PepsiCo for North American restaurants through a 10-year contract. This extension aims to deliver exceptional value to customers and franchise partners by offering quality products. The partnership will support Papa Johns' marketing efforts through additional investment from Pepsi and encourage North American development expansion through incentives for new store growth. PepsiCo's diverse beverage portfolio, including PEPSI®, MOUNTAIN DEW®, and STARRY®, will be available at Papa Johns restaurants nationwide. This collaboration focuses on deepening customer attachment to beverages with orders and ensuring an exceptional dining experience.

Papa Johns (NASDAQ: PZZA) ha rinnovato la sua esclusiva partnership per le bevande con PepsiCo per i ristoranti del Nord America attraverso un contratto di 10 anni. Questa estensione mira a fornire un valore eccezionale ai clienti e ai partner in franchising offrendo prodotti di qualità. La partnership sosterrà gli sforzi di marketing di Papa Johns grazie a un investimento aggiuntivo da parte di Pepsi e incoraggerà l'espansione dello sviluppo nel Nord America offrendo incentivi per la crescita di nuovi negozi. Il portafoglio diversificato di bevande di PepsiCo, che include PEPSI®, MOUNTAIN DEW® e STARRY®, sarà disponibile nei ristoranti Papa Johns in tutto il paese. Questa collaborazione si concentra sul rafforzamento dell'attaccamento dei clienti alle bevande con gli ordini e sulla garanzia di un'esperienza culinaria eccezionale.

Papa Johns (NASDAQ: PZZA) ha renovado su asociación exclusiva de bebidas con PepsiCo para los restaurantes de América del Norte a través de un contrato de 10 años. Esta extensión tiene como objetivo ofrecer un valor excepcional a los clientes y socios franquiciados mediante productos de calidad. La asociación apoyará los esfuerzos de marketing de Papa Johns a través de inversiones adicionales de Pepsi y fomentará la expansión del desarrollo en América del Norte mediante incentivos para el crecimiento de nuevas tiendas. El diversificado portafolio de bebidas de PepsiCo, que incluye PEPSI®, MOUNTAIN DEW® y STARRY®, estará disponible en los restaurantes Papa Johns en todo el país. Esta colaboración se centra en profundizar la conexión del cliente con las bebidas al hacer pedidos y garantizar una experiencia gastronómica excepcional.

파파존스 (NASDAQ: PZZA)는 펩시코와의 독점 음료 파트너십을 갱신했습니다 북미 레스토랑을 위해 10년 계약을 체결했습니다. 이 연장은 고객과 프랜차이즈 파트너에게 뛰어난 가치를 제공하는 것을 목표로 하여 품질 좋은 제품을 제공합니다. 이 파트너십은 펩시의 추가 투자로 파파존스의 마케팅 노력을 지원하고 북미 개발 확장을 위한 인센티브를 장려할 것입니다. 펩시코의 다양한 음료 포트폴리오에는 PEPSI®, MOUNTAIN DEW®, STARRY®가 포함되어 있으며, 전국의 파파존스 레스토랑에서 제공될 것입니다. 이 협력은 주문 시 고객의 음료에 대한 애착을 심화시키고 뛰어난 식사 경험을 보장하는 데 중점을 둡니다.

Papa Johns (NASDAQ: PZZA) a renouvelé son partenariat exclusif en matière de boissons avec PepsiCo pour les restaurants en Amérique du Nord par le biais d'un contrat de 10 ans. Cette extension vise à offrir une valeur exceptionnelle aux clients et aux partenaires franchisés en proposant des produits de qualité. Le partenariat soutiendra les efforts marketing de Papa Johns grâce à des investissements supplémentaires de Pepsi et encouragera l'expansion du développement en Amérique du Nord par le biais d'incitations à la croissance de nouveaux magasins. Le portefeuille varié de boissons de PepsiCo, qui comprend PEPSI®, MOUNTAIN DEW® et STARRY®, sera disponible dans les restaurants Papa Johns à l'échelle nationale. Cette collaboration se concentre sur l'approfondissement de l'attachement des clients aux boissons lors des commandes et sur l'assurance d'une expérience culinaire exceptionnelle.

Papa Johns (NASDAQ: PZZA) hat seine exklusive Getränkepartnerschaft mit PepsiCo erneuert für Restaurants in Nordamerika durch einen 10-Jahres-Vertrag. Diese Verlängerung zielt darauf ab, außergewöhnlichen Wert für Kunden und Franchise-Partner zu bieten durch qualitativ hochwertige Produkte. Die Partnerschaft wird dynamische Marketingbemühungen von Papa Johns durch zusätzliche Investitionen von Pepsi unterstützen und die Expansion in Nordamerika durch Anreize für das Wachstum neuer Geschäfte fördern. PepsiCos vielfältiges Getränkeportfolio, zu dem PEPSI®, MOUNTAIN DEW® und STARRY® gehört, wird in den Papa Johns Restaurants im ganzen Land verfügbar sein. Diese Zusammenarbeit konzentriert sich darauf, die Kundenbindung an Getränke bei Bestellungen zu vertiefen und ein außergewöhnliches Speiseerlebnis zu gewährleisten.

Positive
  • 10-year exclusive beverage partnership renewal with PepsiCo
  • Additional investment from Pepsi to support Papa Johns marketing efforts
  • Incentives for new store growth to encourage North American expansion
  • Potential for increased customer beverage attachment with orders
Negative
  • None.

Papa Johns' 10-year contract renewal with PepsiCo as its exclusive beverage supplier in North America is a strategic move with potential long-term benefits. While specific financial terms aren't disclosed, such partnerships typically involve volume-based discounts and marketing support, which could positively impact Papa Johns' profit margins and marketing efficiency.

The agreement's focus on supporting North American development expansion through incentives for new store growth is particularly noteworthy. This could accelerate Papa Johns' market presence and potentially drive revenue growth. However, the exclusivity might limit flexibility in adapting to changing consumer preferences over the decade-long term.

Investors should monitor how this partnership translates into tangible financial outcomes in future earnings reports, particularly in terms of beverage sales contribution, marketing cost savings and store expansion rates.

This partnership renewal signifies a continuation of a proven strategy in the competitive fast-food landscape. By maintaining a strong alliance with a major beverage company, Papa Johns secures a reliable supply chain and leverages PepsiCo's marketing prowess.

The focus on deepening customer attachment to beverages with orders is crucial. Successful execution could lead to higher average transaction values and improved customer satisfaction. The diverse PepsiCo portfolio, including popular brands like PEPSI®, MOUNTAIN DEW® and STARRY®, caters to a wide range of consumer preferences, potentially attracting a broader customer base.

However, the 10-year duration of the contract is significant in a rapidly evolving market. Papa Johns will need to ensure the partnership remains adaptable to changing consumer trends, especially given the growing interest in healthier beverage options.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Today, Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns”) announced its selection of PepsiCo as its exclusive beverage supplier for restaurants in North America through a 10-year contract renewal. The extension of this partnership showcases the brand’s ongoing commitment to deliver exceptional value to its customers and franchise partners by offering quality products that customers expect.

The partnership will also underscore the brand’s strategy by supporting Papa Johns marketing efforts through additional investment from Pepsi, while also encouraging North American development expansion through incentives to drive new store growth.

“Through the extension of our partnership with PepsiCo, Papa Johns will continue to offer our valued customers the variety of beverages they have always enjoyed, while driving operational excellence,” said Papa Johns Chief Supply Chain Officer Kurt Millburn. “Our shared goal is to deepen customer attachment to beverages with orders, ensuring an exceptional dining experience for every Papa Johns customer.”

"PepsiCo is thrilled to extend our longstanding partnership with Papa Johns," said Hugh Roth, Chief Customer Officer, PepsiCo Global Away From Home. "The perfect pairing of our refreshing beverages with Papa Johns delicious pizzas has created a winning combination that continues to delight consumers. We look forward to another decade of collaboration, focused on delivering exceptional value, innovation, service and customer satisfaction."

PepsiCo’s diverse beverage portfolio, which includes PEPSI®, MOUNTAIN DEW®, and STARRY® are among the wide range of options that will be available at Papa Johns restaurants nationwide.

For more information about Papa Johns, visit www.papajohns.com.

About Papa Johns

Papa John’s International, Inc. (Nasdaq: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.® Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world’s third-largest pizza delivery company with approximately 5,900 restaurants in approximately 50 countries and territories. For more information about the Company or to order pizza online, visit www.papajohns.com or download the Papa Johns mobile app for iOS or Android.

About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $91 billion in net revenue in 2023, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo.

Harrison Sheffield

Sr. Communications Manager

Papa John’s International

Harrison_Sheffield@papajohns.com

470-751-4483

Source: Papa John's International, Inc.

FAQ

What is the duration of Papa Johns' new beverage partnership with PepsiCo?

Papa Johns has renewed its exclusive beverage partnership with PepsiCo for a 10-year contract in North America.

How will the PepsiCo partnership affect Papa Johns' (PZZA) expansion plans?

The partnership includes incentives to drive new store growth, encouraging North American development expansion for Papa Johns (PZZA).

Which PepsiCo beverages will be available at Papa Johns restaurants?

Papa Johns restaurants nationwide will offer a wide range of PepsiCo beverages, including PEPSI®, MOUNTAIN DEW®, and STARRY®.

How does the PepsiCo partnership benefit Papa Johns' (PZZA) marketing efforts?

The partnership includes additional investment from Pepsi to support Papa Johns' (PZZA) marketing efforts.

Papa John's International Inc

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