Papa John's cut its outlook for the year and suspended its dividend, as the pizza chain's North American business continues to face a soft consumer environment.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John's International, Inc. (Nasdaq: PZZA) (“Papa Johns®”) (the “Company”) today announced financial results for the second quarter ended June 28, 2026. Highlights Global system-wide restaurant sales were $1.20 billion, a 4.8%(a) decrease compared with the prior year second quarter. North America comparable sales decreased 8.3% from a year ago as comparable...
LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa Johns International, Inc. (NASDAQ: PZZA) today announced several changes to the Company's leadership team to further support the Company's ongoing strategic transformation. The following appointments will be effective immediately: Chris Lyn-Sue, who serves as Senior Vice President, General Manager of International, has been named Global Chief Marketing Off...
Papa John's International Inc (NASDAQ:PZZA) was downgraded to 'Underperform' from 'Neutral' by Bank of America, with analysts citing the company's chief financial officer's departure, persistent competitive pressures and a less optimistic outlook for same-store sales growth (SSSG). The brokerage lowered its price objective to $34 from $42, in line with current levels, and reduced its earnings f...
LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa Johns announces CFO transition.
EDMONTON, Alberta, June 16, 2026 (GLOBE NEWSWIRE) -- Papa Johns Canada and the Canadian Hockey League (CHL) proudly announced Griffin Seafoot of Kamloops, British Columbia, as the recipient of the Champions of Tomorrow Scholarship during the championship game of the 2026 Memorial Cup presented by Kubota on May 31. Seafoot was honoured on ice and awarded the $25,000 scholarship.
Papa Johns follows through on plans to close 300 stores, targeting franchise-owned locations generating less than $600,000 in annual sales by 2027.