Papa John's Q2: Surprisingly Good Profitability Despite Sales Weakness (Upgrade)

sshepard Papa John's International, Inc. (NASDAQ:PZZA) reported the company's Q2 results on the 8th of August in pre-market hours, showing a mixed quarterly performance with weak sales but improving profitability. The market has so far reacted slightly positively to the reported results, as Papa John's bottom row beat expectations. In my previous article on the stock, "Papa John's: Back To Better 2.0 Plan's Potential Is Likely Priced In," I initiated the stock at a Hold rating as Papa John's new commissary ...