Welcome to our dedicated page for Papa Johns Intl news (Ticker: PZZA), a resource for investors and traders seeking the latest updates and insights on Papa Johns Intl stock.
Papa John's International, Inc. (PZZA) maintains this dedicated news hub for investors and industry observers tracking developments in the global quick-service restaurant sector. Our curated collection features official press releases, financial disclosures, and strategic announcements from the pizza chain.
Access timely updates on earnings reports, franchise expansions, product innovations, and leadership changes. The repository serves as an essential resource for monitoring the company's digital transformation efforts, including AI-driven operational improvements and supply chain enhancements that support its 5,900+ locations worldwide.
Key content categories include quarterly financial results, partnership announcements, menu innovations, and corporate governance updates. All materials are sourced directly from Papa John's investor relations and verified news outlets to ensure reliability.
Bookmark this page for streamlined access to PZZA's latest business milestones and operational developments. Combine this resource with Stock Titan's financial analysis tools for comprehensive market research.
Papa John’s has celebrated a significant milestone by registering its 20 millionth member in the Papa Rewards® loyalty program, which has seen rapid growth since early 2020. The program has become vital for customer engagement, accounting for nearly half of the brand's sales in 2021. Customers earn one point per dollar spent and can redeem points for rewards. The company aims to enhance customer experience with ongoing innovations and customizable offerings. More details about the program can be found on Papa John’s website.
Papa John's International, Inc. (NASDAQ: PZZA) has announced an ambitious expansion into Germany, planning to open 250 new restaurants over the next seven years in partnership with PJ Western Group. The first seven locations have opened in Magdeburg and Leipzig, with an additional six planned in Halle and Merseburg by summer's end. This expansion follows a record year of sales and aims to capitalize on growing international markets. PJ Western is also actively seeking new franchisees to support this growth.
Papa John’s (PZZA) has entered an agreement with Starboard Value LP to repurchase and convert all Series B Convertible Preferred Shares held by Starboard. This transaction, expected to close on May 13, 2021, involves a one-time payment of $183.9 million and will result in an increase of approximately 3.5 million shares of common stock, leading to a pro forma EPS increase of $0.09. Additionally, the 3.6% dividend associated with the Preferred Shares will be eliminated, enhancing shareholder value. Starboard will retain a 9.5% stake post-transaction.
Papa John’s International (NASDAQ: PZZA) reported a strong performance for Q1 2021, with total revenues of $511.7 million, marking a 24.9% increase year-over-year. Comparable sales surged 26.2% in North America and 23.2% internationally, fueled by menu innovations like the new Epic Stuffed Crust pizza. Earnings per diluted share rose to $0.82 from $0.15, with adjusted earnings at $0.90. The company achieved 68 new unit openings, expanding to 50 countries. Free cash flow at $52.7 million underscores strong operational cash generation.
Papa John’s International, Inc. (NASDAQ: PZZA) announced a quarterly dividend of $0.225 per common share, payable on May 21, 2021, to shareholders of record by May 11, 2021. This establishes an annual dividend of $0.90 per common share. The declaration reflects the company's ongoing commitment to returning value to shareholders while navigating potential risks as outlined in its 10-K report, emphasizing the importance of staying informed on risk factors.
Papa John's International, Inc. (NASDAQ: PZZA) is set to release its first quarter 2021 financial results on May 6, 2021, prior to market opening. A conference call will follow at 8:00 a.m. ET for investors to discuss the results. The company emphasizes its commitment to quality with a focus on fresh ingredients, including real cheese and vine-ripened tomatoes. As of December 27, 2020, it operates 5,400 restaurants globally, making it the third largest pizza delivery chain.
Papa John's International, Inc. (NASDAQ: PZZA) announces the opening of 15 new restaurants in Cambodia within the next three years, starting with a flagship location in Phnom Penh. Franchisee Peter Xu, formerly successful in New York City, aims to deliver quality pizza backed by the company's promise of BETTER INGREDIENTS. BETTER PIZZA. COO Jack Swaysland highlights this expansion as crucial for international growth, following a record year of sales. The brand currently operates in 48 countries and seeks to expand further in Brazil, Japan, and Southeast Asia.
Papa John’s International reported a 12.5% revenue increase, reaching $469.8 million in Q4 2020 compared to 2019. Comparable sales rose 13.5% in North America and 21.4% internationally. The company swung to a net income of $13.2 million or $0.28 per diluted share, improving from a loss of ($2.1 million) or ($0.18) per share last year. Full-year revenues were $1.8 billion, reflecting a 12.0% increase. Cash flow from operations surged $186.4 million, while free cash flow reached $137.1 million.
Papa John's International, Inc. (NASDAQ: PZZA) will announce its fourth quarter and full year 2020 financial results on February 25, 2021, before market opening. A conference call will follow at 8:00 a.m. ET to discuss these results. Investors can join the live webcast at ir.papajohns.com or dial 877-312-8816 (U.S. and Canada). The company emphasizes high-quality ingredients, contributing to its reputation as the world’s third-largest pizza delivery chain, with 5,360 restaurants across 48 countries.
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