Papa John's (PZZA) Misses Q2 EPS by 18c, Cuts FY Guidance
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Papa John’s Announces Second Quarter 2018 Results and Updates 2018 Outlook
August 7, 2018 4:15 PM EDTLOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa Johns International, Inc. (NASDAQ: PZZA) today announced financial results for the three and six months ended July 1, 2018.
Highlights
Earnings per diluted share of $0.36 and adjusted earnings per diluted share of $0.49 in the second quarter of 2018, excluding the impact of China refranchising; adjusted earnings per diluted share down 24.6% from the second quarter 2017 of $0.65 System-wide North America comparable sales decrease of 6.1% International comparable sales decrease of 0.8%; total international sales increase of 12.2%, driven by unit growth... More