Papa Johns' sales took a big hit last quarter

Nov 7, 2024 · Pizza Hut’s same-store sales fell 1% last quarter. Rave Restaurant Group on Thursday said same-store sales at both its brands fell last quarter, including a 2.1% decline at …

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Papa Johns' Sales Took A Big Hit Last Quarter

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Nov 7, 2024 · Pizza Hut’s same-store sales fell 1% last quarter. Rave Restaurant Group on Thursday said same-store sales at both its brands fell last quarter, including a 2.1% decline at …

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Papa Johns’ Prices Are Driving Some Customers Away

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Aug 3, 2023 · New York CNN —. Consumers are pulling back on discretionary spending, and Papa Johns is taking a hit. Sales at North American locations open at least a year fell 1% in the quarter ending on June ...

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Papa John’s Stock Falls As Same-store Sales Hurt By Still-cash

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Louisville, Ky.-based Papa John’s had net income of $41.8 million, or $1.27 a share, for the quarter, up from $15.861 million, or 48 cents a share, in the year-earlier period.

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Papa Johns’ Same-store Sales Slide 4% - Nation's Restaurant News

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Aug 8, 2024 · Net income was $20.1 million or $0.61 per share, up from $19.3 million or $0.59 per share the same quarter last year. Papa Johns closed net 31 stores in the second quarter, for a …

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Papa Johns Is On A Five-Step Plan To Get Customers Back

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6 days ago · Papa Johns’ total revenues of $507 million in the quarter fell 3 percent as systemwide sales clocked in at $1.19 billion—a 3 percent downtick. While some competitors …

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Papa John’s Stock Falls As Same-store Sales Hurt By Still-cash …

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Nov 7, 2024 · Papa John’s International Inc.’s stock was down nearly 4% Thursday, after the pizza chain posted better-than-expected revenue for the third quarter but same-store sales …

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Papa John's Q2: Surprisingly Good Profitability Despite Sales …

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Aug 8, 2024 · Notably, while company-owned restaurants took the worst hit to comparable sales growth at -4.2%, Papa John's communicated company-owned restaurants to post increasing …

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Papa Johns Announces Fourth Quarter And Full Year 2023 …

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Feb 29, 2024 · LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 29, 2024-- Papa John’s International, Inc. (Nasdaq: PZZA) (“Papa Johns ® ”) today announced financial results for the fourth quarter and year ended December 31, 2023. Fourth Quarter Highlights. North America comparable sales (a) were up 2% compared with the fourth quarter of 2022 as transaction and ticket growth …

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Despite Slight Sales Drop, Papa Johns' Optimism Doesn't Flinch

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Nov 3, 2022 · Yet, Lynch remains optimistic about the pizza chain’s outlook. Global systemwide sales were up 0.5 percent year-over-year to $1.2 billion in Q3, which is on top of 11 percent …

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Papa Johns Is On A Downward Spiral, Data Shows - Eat This Not …

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Nov 8, 2024 · Papa Johns, one of the country's largest pizza chains, released its latest quarterly earnings data on Nov. 7, reporting a 3% drop in revenue and a 6% decline in its North American same-store sales. This is Papa Johns' third consecutive quarter of same-store sales declines and its worst result since the second quarter of 2019, Restaurant ...

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FAQs about Papa Johns' sales took a big hit last quarter Coupon?

How did Papa John's sales perform in the second quarter?

The Louisville, Ky.-based pizza chain said on Thursday that its same-store sales rose 5.2% in the second quarter in North America—even though consumers have been leaving their homes more frequently and dining at other types of restaurants. On a two-year stacked basis, Papa John’s same-store sales are up 33%. ...

How much did Papa Johns make in Q2?

Net income was $20.1 million or $0.61 per share, up from $19.3 million or $0.59 per share the same quarter last year. Papa Johns closed net 31 stores in the second quarter, for a total of 5,883 stores systemwide. ...

Why was Papa John's stock down Thursday?

Papa John’s stock was falling Thursday after its third-quarter earnings report. Photo: Getty Images Papa John’s International Inc.’s stock was down nearly 4% Thursday, after the pizza chain posted better-than-expected revenue for the third quarter but same-store sales that lagged expectations. ...

What happened to Papa John's in Q2?

North American Q2 comparable store sales came in at -3.6% leading to the revenue miss, with company-owned restaurants showing an even worse decline at -4.2% in the quarter; Papa John's didn't attract good traffic during the quarter, showing worrying signs of the brand's health on the surface. International comparable sales declined by -0.1%. ...

Why is Papa John's getting more sales?

Papa John’s is getting sales growth on top of strong sales growth and that’s getting operators to build more units. ...

Does Papa John's still have a franchise?

At the end of the quarter, Papa John's still had 5,883 system-wide restaurants, kept up by good growth in international franchised restaurants. As said, Papa John's comparable sales were incredibly weak. ...