Quarterly ResultAug 6, 2026, 07:07 AM
Papa Johns Q2 Global Sales -4.8%, EPS $0.24; Suspends Dividend
AI Summary
Papa John's International, Inc. announced its second quarter 2026 financial results, reporting a 4.8% decrease in global system-wide restaurant sales to $1.20 billion. North America comparable sales fell 8.3%, while international comparable sales rose 1.5%. Diluted EPS was $0.24, and adjusted diluted EPS was $0.46. The company also updated its fiscal 2026 outlook, lowering projections for global system-wide sales and North America comparable sales, and announced the suspension of its quarterly dividend to fund strategic investments.
Key Highlights
- Global system-wide restaurant sales decreased 4.8% to $1.20 billion.
- North America comparable sales decreased 8.3% from prior year.
- International comparable sales increased 1.5% from prior year.
- Diluted EPS was $0.24, down from $0.28 in prior year quarter.
- Adjusted Diluted EPS was $0.46, up from $0.41 in prior year quarter.
- Net income was $8.7 million, a $1.0 million decrease year-over-year.
- Board suspended quarterly dividend starting with Q3 2026.
- Updated 2026 outlook: Global system-wide sales now projected down 2% to 4%.
Price Impact
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