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Sep 27, 2020

Papa John's Q3 2020 Earnings Report

Papa John's revenues increased and earnings per share rose due to strong comparable sales.

Key Takeaways

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.

Company revenues increased 17.1% compared to third quarter of 2019

Comparable sales increased 23.8% in North America and 20.7% Internationally in the third quarter

Earnings per diluted share increased to $0.35 compared to third quarter 2019 loss per diluted share of ($0.10)

New $75 million share repurchase program authorized

Total Revenue
$473M
Previous year: $404M
+17.1%
EPS
$0.35
Previous year: $0.21
+66.7%
Domestic Comp Sales Growth
18.2%
Previous year: 2.2%
+727.3%
NA Franchised Comp Sales
25.6%
Previous year: 0.6%
+4166.7%
NA Comp Sales Growth
23.8%
Previous year: 1%
+2280.0%
Gross Profit
$89.9M
Previous year: $68.5M
+31.2%
Cash and Equivalents
$140M
Previous year: $28.4M
+393.7%
Free Cash Flow
$70.4M
Previous year: $8.11M
+767.9%
Total Assets
$817M
Previous year: $731M
+11.8%

Papa John's

Papa John's

Papa John's Revenue by Segment

Forward Guidance

The company did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income