Papa John's (PZZA) Misses Q1 EPS by 24c, Revenues Miss, Comp. System-Wide North American Sales Up 5.3%
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Papa John’s Announces First Quarter 2020 Results and Provides Business Update in Response to COVID-19 Pandemic
May 6, 2020 7:00 AM EDTLOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa Johns International, Inc. (NASDAQ: PZZA) today announced financial results for the first quarter ended March 29, 2020. The company also provided an update on the business impact of the global coronavirus (COVID-19) pandemic.
Highlights
First quarter 2020 earnings per diluted share of $0.15 compared to first quarter 2019 loss per diluted share of ($0.12) System-wide North America comparable sales increase of 5.3% International comparable sales increase of 2.3% Cash flow from operations of $33.7 million; free cash flow of $24.4 million... More