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Jun 27, 2021

Papa John's Q2 2021 Earnings Report

Papa John's revenues increased, comparable sales grew in North America and internationally, and adjusted EPS increased.

Key Takeaways

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.

Total company revenues increased 11.8% to $515.0 million.

Comparable sales up 5.2% in North America and 21.2% Internationally.

Global system-wide restaurant sales of $1.2 billion, up 12.2%.

Adjusted earnings per diluted share grew to $0.93 from $0.48 a year ago.

Total Revenue
$515M
Previous year: $461M
+11.8%
EPS
$0.93
Previous year: $0.48
+93.8%
Domestic Comp Sales Growth
5.6%
Previous year: 22.6%
-75.2%
NA Franchised Comp Sales
5.2%
NA Comp Sales Growth
5.2%
Previous year: 28%
-81.4%
Gross Profit
$111M
Previous year: $91.3M
+21.3%
Cash and Equivalents
$96.2M
Previous year: $75.7M
+27.1%
Free Cash Flow
$50.3M
Previous year: $46.1M
+9.3%
Total Assets
$856M
Previous year: $758M
+12.9%

Papa John's

Papa John's

Papa John's Revenue by Segment

Forward Guidance

The press release does not contain any forward guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income