PAPA JOHNS INTERNATIONAL INC

Papa Johns International reported a decline in second-quarter 2026 financial results, with total revenues decreasing by 8.8% to $482.4 million and net income attributable to the Company falling by 10.5% to $8.5 million. Basic earnings per share also decreased to $0.25 from $0.28 in the prior year. Year-to-date operating cash flow saw a significant reduction, and the company continued its Enterprise Transformation Plan, leading to accelerated depreciation from restaurant closures.

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.

Papa Johns International announced that Ravi Thanawala resigned from his position as Chief Financial Officer and President, North America, effective June 30, 2026, to take a CFO role at another public company. Christopher K. Collins, Senior Vice President of Corporate Finance and Principal Accounting Officer, has been appointed interim Chief Financial Officer. Mr. Collins' compensation will be adjusted during his interim role, including an increased annual base salary of $415,000 and a 75% target annual bonus opportunity. The company has begun a search for a permanent CFO and also announced that Marc Richard will now lead North America operations.

Papa Johns Canada and the Canadian Hockey League (CHL) announced Griffin Seafoot of Kamloops, British Columbia, as the recipient of the Champions of Tomorrow Scholarship. Seafoot was awarded a $25,000 scholarship for his achievements in hockey, academics, and community service. He maintains an A average, mentors younger players, and initiated a district-wide food drive that has collected over 10,000 pounds of food.

Papa Johns International announced a global collaboration with Disney and Pixar for the upcoming movie Toy Story 5, which releases on June 19, 2026. This partnership, a first for the Toy Story franchise, will bring new Toy Story 5 personal pizzas and limited-edition collectibles to customers. The campaign launches on June 1, 2026, across Canada and 42 international markets, featuring a custom-animated spot by Pixar.

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.

Papa John's International announced mixed first-quarter 2026 financial results, with global system-wide restaurant sales decreasing 3% to $1.20 billion and diluted EPS falling to $0.21. While International comparable sales showed strength with a 3.6% increase, North America comparable sales declined by 6.4%. The company reiterated its fiscal 2026 outlook, emphasizing its transformation strategy and innovation efforts to navigate a challenging consumer environment.

Papa Johns Canada and the Canadian Hockey League (CHL) announced Griffin Seafoot as the recipient of the Champions of Tomorrow Scholarship. The $25,000 scholarship recognizes young Canadians for outstanding leadership, character, and excellence in sport, academics, and community service. Griffin, a 12-year-old goaltender, was selected for his academic achievements, mentorship, and launching a district-wide food drive that collected over 10,000 pounds of food. He will be honored at the 2026 Memorial Cup.