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Mar 28, 2021

Papa John's Q1 2021 Earnings Report

Papa John's reported strong first quarter results driven by menu innovation and international growth.

Key Takeaways

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.

Total revenues increased 24.9% to $511.7 million.

Comparable sales up 26.2% in North America and 23.2% Internationally.

Earnings per diluted share rose to $0.82 from $0.15; Adjusted earnings per diluted share grew to $0.90 from $0.15

Free cash flow of $52.7 million

Total Revenue
$512M
Previous year: $410M
+24.9%
EPS
$0.9
Previous year: $0.15
+500.0%
Domestic Comp Sales Growth
23.3%
Previous year: 6.1%
+282.0%
NA Franchised Comp Sales
27.1%
Previous year: 5.1%
+431.4%
NA Comp Sales Growth
26.2%
Previous year: 5.3%
+394.3%
Gross Profit
$110M
Previous year: $75.4M
+45.5%
Cash and Equivalents
$171M
Previous year: $36.4M
+370.8%
Free Cash Flow
$52.7M
Previous year: $24.4M
+116.2%
Total Assets
$918M
Previous year: $718M
+27.8%

Papa John's

Papa John's

Papa John's Revenue by Segment

Forward Guidance

The press release does not contain specific forward guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income