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Jun 28, 2020
Papa John's Q2 2020 Earnings Report
Papa John's reported record sales driven by strong North America comparable sales growth and international expansion.
Key Takeaways
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.
Earnings per diluted share increased to $0.48, compared to $0.15 in Q2 2019.
System-wide North America comparable sales increased by 28.0%.
International comparable sales increased by 5.3%, or 13.3% excluding temporary closures.
The company hired over 20,000 new restaurant team members during the quarter.
Papa John's
Papa John's
Papa John's Revenue by Segment
Papa John's Revenue by Geographic Location
Revenue by Segment
Domestic Company-owned Restaurants Revenue
CapyFin.comNorth America Franchising Revenue
CapyFin.comNorth America Commissaries Revenue
CapyFin.comInternational Revenue
CapyFin.comAll Other Segments Revenue
CapyFin.comRevenue by Geographic Location
International Revenue
CapyFin.com Forward Guidance
Papa John's anticipates providing approximately $12 to $15 million of Temporary Franchise Support in the third quarter of 2020, with the majority allocated to marketing fund investments, concluding the Temporary Franchise Support program.
Revenue & Expenses
Visualization of income flow from segment revenue to net income