UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 25, 2023 OR o Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 0-21660 PAPA JOHN'S INTERNATIONAL, INC. (Exact name of Registrant as specified in its charter) Delaware 61-1203323 Securities registered pursuant to Section 12(b) of ...

Papa John's International, Inc. (NASDAQ:PZZA) Q1 2023 Earnings Conference Call May 3, 2023 8:00 AM ET Company Participants Stacy Frole - VP, IR Rob Lynch - President & CEO Chris Collins - Interim Principal Financial and Accounting Officer Conference Call Participants Sarah Senatore - Bank of America Joshua Long - Stephens Chris O'Cull - Stifel Alexander Slagle - Jefferies Eric Gonzalez - KeyBanc Lauren Silberman - Credit Suisse Peter Saleh - BTIG Dennis Geiger - UBS Andrew Strelzik - BMO Capital Markets Tod ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 26, 2023 OR o Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 0-21660 PAPA JOHN'S INTERNATIONAL, INC. (Exact name of Registrant as specified in its charter) Delaware 61-1203323 (State or other jurisdiction of incorporation or o ...

Papa John's International, Inc. (NASDAQ:PZZA) Q4 2022 Earnings Conference Call February 23, 2023 8:00 AM ET Company Participants Stacy Frole - VP, IR Rob Lynch - President & CEO Ann Gugino - CFO Conference Call Participants Brian Bittner - Oppenheimer Sarah Senatore - Bank of America Merrill Lynch Chris O'Cull - Stifel Eric Gonzalez - KeyBanc Capital Markets Lauren Silberman - Credit Suisse Joshua Long - Stephens Peter Saleh - BTIG Alexander Slagle - Jefferies Operator Good day and thank you for standing by ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 25, 2022 or o Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 0-2166050 PAPA JOHN'S INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 61-1203323 ( ...

Financial Data and Key Metrics Changes - Global system-wide sales in constant currency increased by 0.5% year-over-year to $1.2 billion, following an 11% growth in the previous year [15][35] - Consolidated revenues for Q3 were $511 million, down less than 1% from Q3 2021, but increased by 3% when excluding the impact of strategic refranchising [38] - Adjusted consolidated operating income for Q3 was $34 million, compared to $42 million in Q3 2021, with adjusted operating margins at 6.6%, down from 7.9% last year [39][40] Business Line Data and Key Metrics Changes - North American comparable sales for Q3 were down less than 1%, impacted by high inflation and changing consumer demand [19] - International comparable sales decreased by 10%, with the UK market facing significant challenges due to inflation and energy costs [21][43] - Commissary revenues rose by 14% in Q3, driven by rising costs, although lower volumes slightly reduced margins [42] Market Data and Key Metrics Changes - System-wide comparable sales in North America increased by 30% on a three-year stack, outperforming peers [11] - The UK market, representing over 20% of international sales, faced headwinds that negatively impacted overall international results [21] - The company anticipates mid-single-digit declines in international comparable sales for the full year due to ongoing challenges in the UK [21] Company Strategy and Development Direction - The company remains committed to its five strategic priorities, including improving unit-level profitability and expanding its footprint domestically and internationally [8] - Development activity is increasing, with nearly all top 25 North American franchisees having development agreements in place, and plans for approximately 3,000 new units globally [13][14] - The company is focused on menu and technology innovations to drive long-term growth opportunities [12][51] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by high food and labor costs, particularly in the UK, and emphasized a balanced approach to navigating the current environment [18][21] - The company expects continued pressure on operating margins due to inflation and lower contributions from the UK market [50] - Despite short-term challenges, management expressed confidence in the long-term growth potential and the ability to achieve positive comparable sales in Q4 [29][46] Other Important Information - The company has repurchased 19.5 million shares during the quarter and declared a fourth-quarter dividend of $0.42 per share, bringing the annual dividend rate to $1.68 [48][49] - The company is investing in technology innovation and new restaurant development, with CapEx expected to be between $75 million and $85 million for the year [53] Q&A Session Summary Question: Delivery business vulnerability to consumer shifts - Management noted a slight shift towards carryout but emphasized that the delivery business remains strong and productive [60][62] Question: Confidence in multi-year development outlook - Management highlighted ongoing restaurant openings, particularly internationally, and the signing of new development agreements as key factors supporting their confidence [66][70] Question: National promotion strategy and pricing - Management clarified that the Papa Pairings promotion was strategically designed to maintain transaction values while addressing consumer price sensitivity [73][75] Question: Innovation pipeline and product development - Management confirmed a balanced approach to innovation, with new product launches planned for 2023, including both core pizza and complementary items [79] Question: UK market headwinds and franchisee support - Management is evaluating support strategies for franchisees in the UK to ensure long-term profitability and sustainability [95] Question: Labor pipeline and store operations - Management reported improvements in staffing and productivity, leveraging partnerships with aggregators to manage labor challenges effectively [100][101] Question: Market share relative to peers - Management indicated that while there has been a small negative comp this quarter, they have gained market share over the past three years [104][106]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) PAPA JOHN'S INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 61-1203323 (State or other jurisdiction of (I.R.S. Employer Identification incorporation or organization) number) 2002 Papa John's Boulevard Louisville, KY 40299-2367 (Address of principal executive offices) (502) 261-7272 x Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the qu ...

Papa John's International, Inc. (NASDAQ:PZZA) Q2 2022 Earnings Conference Call August 4, 2022 8:00 AM ET Company Participants Stacy Frole - VP, IR Robert Lynch - President & CEO Ann Gugino - CFO Conference Call Participants Chris O'Cull - Stifel Eric Gonzalez - KeyBanc Capital Markets Brian Bittner - Oppenheimer Alexander Slagle - Jefferies Lauren Silberman - Credit Suisse Brian Mullan - Deutsche Bank Peter Saleh - BTIG Andrew Strelzik - BMO Capital Nick Setyan - Wedbush James Sanderson - Northcoast Researc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 26, 2022 OR o Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 0-21660 PAPA JOHN'S INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer Identification incorpo ...

Papa John's International Inc. (NASDAQ:PZZA) Q1 2022 Earnings Conference Call May 5, 2022 8:00 AM ET Company Participants Robert Lynch – President and Chief Executive Officer Ann Gugino – Chief Financial Officer Chris Collins – Vice President of Treasury and Tax Conference Call Participants Eric Gonzalez – KeyBanc Capital Markets Brian Bittner – Oppenheimer Chris O'Cull – Stifel Peter Saleh – BTIG Lauren Silberman – Credit Suisse Alexander Slagle – Jefferies Dennis Geiger – UBS Brian Mullan – Deutsche Bank ...