Papa John's (PZZA) Misses Q2 EPS by 1c

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Papa Johns Announces Second Quarter 2022 Financial Results; Increases Cash Dividend By 20%

August 4, 2022 7:00 AM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa Johns International, Inc. (NASDAQ: PZZA) (Papa Johns®) today announced financial results for the second quarter ended June 26, 2022.

Highlights

Total revenues increased 1.5% to $522.7 million in the second quarter versus prior year second quarter. Revenues increased 5.2% excluding the impact of refranchising 90 restaurants in the first quarter of 2022. Comparable sales increased 0.9% in North America and decreased 8.0% Internationally, lapping prior year gains of 5.2% and 21.2%, respectively. Global system-wide restaurant sales were $1.2 billion, a 2.6%1 increase over the prior year second... More