StockWatch
·
Restaurants
Quarterly ResultMay 7, 2026, 07:08 AM

Papa John's Q1 Revenue $478.6M, Net Income $7.3M, EPS $0.21

AI Summary

Papa John's International reported a decrease in its first-quarter 2026 financial results. Total revenues fell by 7.7% to $478.6 million, while net income attributable to the company decreased by 21.3% to $7.3 million. Diluted earnings per share also declined by 22.2% to $0.21. The company declared a second-quarter dividend of $0.46 per common share.

Key Highlights

  • Total revenues decreased 7.7% to $478.6 million for Q1 2026 compared to Q1 2025.
  • Net income attributable to the Company fell 21.3% to $7.3 million.
  • Diluted earnings per common share decreased 22.2% to $0.21.
  • Net cash provided by operating activities declined 76.9% to $7.2 million.
  • Company-owned restaurant sales decreased 17.7% to $143.1 million.
  • Franchise royalties and fees were $47.6 million, a 1.0% decrease.
  • Commissary revenues decreased 2.8% to $222.6 million.
  • Board declared a Q2 dividend of $0.46 per common share.