Papa John's (PZZA) Misses Q1 EPS by 12c, NA Comps Decline 5.3%, Reaffirms Outlook

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Papa John’s Announces First Quarter 2018 Results and Reaffirms 2018 Outlook

May 8, 2018 4:20 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa Johns International, Inc. (NASDAQ: PZZA) today announced financial results for the first quarter ended April 1, 2018.

Highlights

First quarter earnings per diluted share of $0.50 in 2018 compared to $0.77 in the first quarter of 2017 North America comparable sales decrease of 5.3% International comparable sales increases of 0.3%; international franchise sales increase of 21.1%, excluding the impact of foreign currency 13 net unit openings in first quarter of 2018 driven by International operations... More