Papa John's Q1 2020 Earnings Report
Key Takeaways
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.
Earnings per diluted share were $0.15, compared to a loss per diluted share of ($0.12) in Q1 2019.
System-wide North America comparable sales increased by 5.3%.
International comparable sales increased by 2.3%.
The company launched No Contact Delivery and Carryout domestically and in many international markets.
Papa John's
Papa John's
Papa John's Revenue by Segment
Forward Guidance
Due to the many uncertainties related to the COVID-19 pandemic, the company withdrew its previously provided financial outlook for 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income