INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Papa John's International, Inc. to Contact Law Firm

• Papa John's International, Inc. (NASDAQ: PZZA) shareholders should email [email protected]

NEW YORK, Oct. 19, 2026 /PRNewswire/ --

What is the Investigation About?

On August 6, 2026, Papa John's reported an 8.3% decline in North American comparable sales and announced the suspension of its quarterly dividend beginning in the third quarter of 2026. Papa John's also sharply reduced its full-year outlook, projecting a 6% to 8% decline in North American comparable sales, compared with its previous projection of a 2% to 4% decline.

Following this news, the price of Papa John's stock fell $5.11 per share, or approximately 17.18%, to close at $24.64 per share on August 6, 2026.

During the earnings call that same day, management acknowledged that its transformation was taking more time than anticipated and required faster, better execution. Management also admitted that its product innovation efforts were attracting fewer new customers than expected. These disclosures followed prior assurances that its turnaround strategy was working and that its 2026 outlook reflected a prudent and realistic forecast.

If you own Papa John's International, Inc. (NASDAQ: PZZA) securities, please contact Fletcher Moore at [email protected].

You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever.  All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

MOORE LAW PLLC
30 Wall Street, 8^th Floor
New York, NY 10005
[email protected]
www.fmoorelaw.com

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SOURCE Moore Law PLLC