Papa John's (PZZA) Tops Q3 EPS by 3c, Revenues Beat; Announces $75M Share Buyback

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Papa John’s Announces Third Quarter 2020 Financial Results and New $75 Million Share Repurchase Program

November 5, 2020 6:30 AM EST

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa Johns International, Inc. (NASDAQ: PZZA) today announced financial results for the three and nine months ended September 27, 2020.

Highlights

Company revenues increased 17.1% compared to third quarter of 2019 Comparable sales increased 23.8% in North America and 20.7% Internationally in the third quarter Earnings per diluted share increased to $0.35 compared to third quarter 2019 loss per diluted share of ($0.10) Cash flow from operations of $168.5 million and free cash flow of $134.0 million for the first nine months of... More