Core Points - Papa Johns Canada donated $73,411 to Second Harvest, aimed at combating food insecurity, with funds raised through the sale of the Shaq-a-Roni pizza [1][3] - The donation will provide over 222,000 meals to Canadians, highlighting the impact of the Shaq-a-Roni campaign [3] Company Overview - Papa John's International, Inc. was founded in 1984, focusing on high-quality ingredients for superior pizza [4] - The company operates more than 5,900 restaurants across 50 countries and territories, making it the world's third-largest pizza delivery company [4] - Papa John's has a commitment to removing artificial flavors and synthetic colors from its entire food menu [4]

Core Points - Papa Johns Canada has made a donation of $73,411 to Second Harvest, which will provide over 222,000 meals to Canadians in need, raised through the sales of the Shaq-a-Roni pizza [1][3] - The Shaq-a-Roni campaign has been running for five years, contributing over $270,000 to communities across Canada [3] - The cheque presentation event is scheduled for February 25, 2025, at Papa Johns in Scarborough, Ontario [2] Company Overview - Papa John's International, Inc. is the world's third-largest pizza delivery company, with over 5,900 restaurants in 50 countries and territories [4] - The company emphasizes high-quality ingredients, using fresh dough and real cheese, and has removed artificial flavors and synthetic colors from its menu [4] - Papa Johns Canada operates more than 200 locally owned and operated stores, focusing on community engagement and support [2]

Company Overview - Papa John's shares increased by 8.1% to close at $41.76, with trading volume significantly higher than usual, compared to a 2.5% gain over the past four weeks [1] Business Strategy - The company is benefiting from its "Back to BETTER 2.0" strategy, which includes product innovation, marketing enhancements, unit development, supply chain efficiency improvements, and leveraging the Papa Rewards loyalty program [2] Financial Performance Expectations - The upcoming quarterly earnings are expected to be $0.48 per share, reflecting a year-over-year decline of 47.3%, with revenues projected at $513 million, down 10.2% from the previous year [3] - The consensus EPS estimate has been revised 3.3% lower in the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] Industry Context - Papa John's is part of the Zacks Retail - Restaurants industry, where Cheesecake Factory's consensus EPS estimate has increased by 1.1% to $0.91, representing a year-over-year change of 13.8% [4][5]

Core Insights - Papa John's International, Inc. reported preliminary results for the fourth quarter and fiscal year 2024, with a scheduled release of detailed results on February 27, 2025 [1] Sales Performance - In the fiscal fourth quarter ending December 29, 2024, global system-wide sales reached nearly $1.2 billion, representing an 8% decrease year over year; excluding the 53rd week in 2023, sales were roughly flat [2] - For fiscal 2024, global system-wide sales totaled about $4.9 billion, indicating a 3% decline from 2022 levels; excluding the additional 53rd week, sales were down approximately 1% [2] North American Market - Comparable sales in North America for the fourth quarter of fiscal 2024 fell by 4% year over year, attributed to declines in both transactions and ticket sizes; franchised restaurants saw a 4% drop, while domestic company-owned restaurants experienced a 6% decline [3] - For fiscal 2024, North America comparable sales were down 4% year over year, driven by a 3% fall in transactions and a 1% fall in ticket sizes [4] International Market - International comparable sales in the fiscal fourth quarter increased by 2% year over year [3] - In fiscal 2024, international comparable sales were down approximately 1% year over year [4] Store Developments - In fiscal 2024, Papa John's achieved a total of 124 net unit openings, including 81 in North America and 43 in international markets; the company had previously anticipated 50-60 new restaurant openings in North America [5] - The company celebrated the opening of its 6,000th restaurant and expressed appreciation for franchise partners' enthusiasm for growth prospects, reiterating plans to expand in key high-growth markets globally [6] Stock Performance and Market Outlook - Papa John's recent performance has raised concerns about its growth trajectory, with declining sales and weakening transaction volumes despite efforts under the Back to BETTER 2.0 strategy [7] - The stock trades at a forward P/E ratio of 15.64, significantly below the industry average of 24.41, which may indicate challenges; earnings estimates for fiscal 2025 have been revised downward, reflecting skepticism among analysts [8] - In the past three months, shares of Papa John's have declined by 27%, compared to a 6% fall in the industry [11]

I'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our coverage spans multiple segments, including QSR, fast casual, casual dining, fine dining, and family dining. We employ advanced analytical models and specialized valuation techniq ...

As the 'Battle of the Pizzas' heats up, Papa John's (NASDAQ: PZZA ) still seems to be trying to adapt to a value-driven and much more competitive environment, with increasingly tightI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. O ...

Proprietary deal commentary available to members only. Sign up or login for access.Tues TGLSX TGLS Tecnoglass Block Trade Managers: Morgan StanleyPriced at: $73.801.432M SharesSpecial CommentsExclusive Analysis LockedProprietary deal commentary available to members only. Sign up or login for access. Create FREE AccountProprietary deal commentary available to members only. Sign up or login for access.Managers:$73.801.432M SharesYOUX YOU Clear Secure Block Trade Managers: Morgan StanleyPriced at: $26.504. ...

EDMONTON, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Papa Johns Canada teams up with Aviation American Gin to shake up National Happy Hour Day – unveiling a pepperoncini gin martini – the ‘Cini Tini. The ‘Cini Tini is more than just a cocktail – it’s a curated experience that captures the essence of both Papa Johns and Aviation American Gin. Set to spice up a cozy fall night by combining the tangy kick of Papa Johns iconic pepperoncini with the smooth and botanical notes of Aviation American Gin. “The peppe ...

Papa John’s International, Inc. (PZZA) recorded better-than-expected third-quarter fiscal 2024 results, wherein adjusted earnings and revenues topped the Zacks Consensus Estimate. However, the metrics declined on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The year-over-year performance decline was attributable to a decrease in International revenues due to the adverse impact of the U.K. company-owned restaurants and a decrease in Domestic company-owned re ...

Core Insights - Papa John's reported revenue of $506.81 million for the quarter ended September 2024, a decrease of 3.1% year-over-year, with EPS at $0.43 compared to $0.53 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $491.77 million by 3.06%, while the EPS also surpassed the consensus estimate of $0.42 by 2.38% [1] Financial Performance Metrics - The number of company-owned restaurants in the U.S. was 537, slightly below the average estimate of 539 [3] - Total restaurants in North America stood at 3,454, just shy of the 3,455 estimate [3] - Comparable sales growth for North America franchised restaurants was -5.3%, better than the -5.7% estimate [3] - Comparable sales growth for domestic company-owned restaurants was -6.7%, compared to the -6.8% estimate [3] - System-wide restaurants totaled 5,908, exceeding the estimate of 5,899 [3] - Franchised North America restaurants numbered 2,917, matching the estimate [3] - International restaurants totaled 2,454, surpassing the estimate of 2,444 [3] Revenue Breakdown - North America franchise royalties and fees generated $33.02 million, below the estimate of $33.63 million, reflecting a year-over-year decline of 5.8% [3] - International revenues were $33.02 million, slightly below the estimate of $33.18 million, with a significant year-over-year decline of 23.1% [3] - Other revenues reached $60.89 million, exceeding the estimate of $58.92 million, but showing a 3% decline year-over-year [3] - North America commissary revenues were $210.39 million, above the estimate of $195.51 million, marking a year-over-year increase of 2.7% [3] - Domestic company-owned restaurant revenues were $168.67 million, below the estimate of $169.51 million, reflecting a 4.8% decline year-over-year [3] Stock Performance - Papa John's shares have returned +20.7% over the past month, outperforming the Zacks S&P 500 composite's +3.2% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]