Papa John's Earnings Reports

Papa John's Q4 2024 results showed a decrease in North America comparable sales, with a 4% decline driven by both company-owned and franchised restaurants. International comparable sales increased by 2%. Total revenues were $531 million, a 7% decrease compared to the previous year, and diluted earnings per share were $0.44, down from $0.79 in Q4 2023.

Papa John's International, Inc. reported a 3% decrease in global system-wide restaurant sales, totaling $1.19 billion, driven by lower comparable sales. Total revenues decreased by 3% to $507 million. Diluted earnings per common share were $1.27, while adjusted diluted earnings per common share was $0.43. The company experienced a decline in North America comparable sales by 6% and International comparable sales by 3%.

Papa John's Q2 2024 saw a 1% decrease in total revenues to $508 million, driven by lower North America commissary revenues. North America comparable sales were down 4%. Operating income decreased by 19% to $28 million, while adjusted operating income increased by 4% to $38 million due to improved restaurant-level margins and cost discipline. Diluted EPS was $0.37, while adjusted diluted EPS was $0.61.

Papa John's Q1 2024 results showed a decrease in North America and International comparable sales. Total revenues decreased by 2% to $514 million, while operating income decreased by 11% to $34 million. Despite these challenges, the company improved restaurant-level margins and increased adjusted operating income by 10% through cost discipline.

Papa John's International, Inc. announced financial results for the fourth quarter and year ended December 31, 2023. The company reported a rise in total revenues from $526.23 million to $571.32 million. Diluted earnings per common share increased to $0.79, up from $0.66 in the fourth quarter of 2022, and adjusted diluted earnings per common share was $0.91, up from $0.71 a year ago.

Papa John's International, Inc. announced financial results for the third quarter ended September 24, 2023. Key highlights include a 3% increase in North America comparable sales, driven by transaction growth at Domestic Company-owned restaurants and North America franchised restaurants. Global system-wide restaurant sales reached $1.23 billion, a 5% increase from the prior year. Total revenues were $523 million, up 2% from the third quarter a year ago. Operating income increased 64% to $32 million, and diluted earnings per share was $0.48.

Papa John's Q2 2023 results showed North America comparable sales down 1%, International comparable sales down 1% but improved 5% from Q1, and 47 net unit openings. Global system-wide restaurant sales increased by 2% to $1.22 billion, while total revenues decreased by 2% to $515 million. Diluted EPS was $0.54, and adjusted diluted EPS was $0.59. The company also announced a 10% increase in the annual dividend rate.

Papa John's Q1 2023 saw record global system-wide restaurant sales, driven by menu innovation and operational efficiencies. North America comparable sales were flat, while international comparable sales declined. The company reaffirmed its long-term development target of 1,400 to 1,800 net new units between 2022 and 2025. Total revenues decreased slightly, but diluted earnings per share increased.

Papa John's International reported a slight decrease in total revenues for Q4 2022 compared to the record Q4 2021, but an increase excluding the impact of refranchising. North America comparable sales increased, while international comparable sales decreased. Diluted earnings per share decreased slightly, and adjusted diluted earnings per share also decreased.

Papa John's International, Inc. reported a slight decrease in total revenues, with $511 million in Q3 2022 compared to $512.8 million in Q3 2021. North America comparable sales were down less than one percent, while international comparable sales decreased by 10%. Diluted earnings per share were $0.23, and non-GAAP adjusted diluted earnings per share were $0.54.

Papa John's International, Inc. announced its Q2 2022 financial results, revealing a 1.5% increase in total revenues to $522.7 million. North America comparable sales increased by 0.9%, while international sales decreased by 8.0%. Earnings per diluted share were reported at $0.70, with non-GAAP adjusted diluted earnings per share at $0.74. The company increased its cash dividend by 20% and repurchased $42.8 million of its outstanding shares.

Papa John's International, Inc. announced its financial results for the first quarter ended March 27, 2022. The company's total revenues increased by 6.0% to $542.7 million. Comparable sales were up by 1.9% in North America and 0.8% internationally. Diluted earnings per share were $0.29, and non-GAAP adjusted diluted earnings per share were $0.95.

Papa John's International, Inc. announced strong financial results for the three months and full year ended December 26, 2021. Fourth quarter total company revenues were $528.9 million, up 12.6% over 2020. Comparable sales were up 11.1% in North America and 2.4% Internationally. Earnings per diluted share grew 139% to $0.67, and adjusted earnings per diluted share grew 88% to $0.75.

Papa John's International, Inc. announced strong Q3 2021 financial results with an 8.4% increase in total company revenues to $512.8 million. Comparable sales in North America rose by 6.9% and internationally by 8.3%. Adjusted earnings per diluted share grew to $0.83 from $0.35 year-over-year. The company also authorized a new $425 million share repurchase program.

Papa John's International, Inc. announced strong financial results for Q2 2021, with total company revenues increasing by 11.8% to $515.0 million. Comparable sales were up 5.2% in North America and 21.2% internationally. Adjusted earnings per diluted share grew to $0.93 from $0.48 a year ago. The company also increased its annual dividend rate by 56% to $1.40 per share.

Papa John's International, Inc. announced financial results for the first quarter ended March 28, 2021, with total revenues increasing 24.9% to $511.7 million. Comparable sales were up 26.2% in North America and 23.2% internationally. Diluted earnings per share rose to $0.82, and adjusted diluted earnings per share grew to $0.90.

Papa John's International, Inc. announced strong financial results for Q4 2020, with total revenues up 12.5% to $469.8 million. Comparable sales increased by 13.5% in North America and 21.4% internationally. Earnings per diluted share rose to $0.28, and adjusted earnings per diluted share grew to $0.40.

Papa John's International, Inc. announced strong financial results for Q3 2020, with revenues increasing by 17.1% compared to Q3 2019. Comparable sales increased 23.8% in North America and 20.7% internationally. Earnings per diluted share increased to $0.35, a significant improvement from the loss per diluted share of ($0.10) in Q3 2019.

Papa John's International, Inc. announced strong financial results for Q2 2020, marked by a significant increase in earnings per share and comparable sales growth in both North America and international markets. The company's performance was boosted by its ability to meet customer needs during the COVID-19 pandemic, as well as successful product innovation and charitable contributions.

Papa John's International, Inc. announced positive financial results for the first quarter ended March 29, 2020. The company reported earnings per diluted share of $0.15, a system-wide North America comparable sales increase of 5.3%, and an international comparable sales increase of 2.3%. The company also provided an update on the business impact of the global coronavirus (COVID-19) pandemic, including the launch of No Contact Delivery and Carryout.

Papa John's International, Inc. reported a Q4 2019 revenue increase of 5.0% compared to Q4 2018, with a loss per diluted share of ($0.18) and adjusted earnings per diluted share of $0.37. System-wide North America comparable sales increased by 3.5%, and international comparable sales increased by 2.4%. The company reported 52 net unit openings during the quarter.