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Papa John's International Inc. reports news on a global pizza restaurant system built around company-owned restaurants, franchised restaurants, North America commissaries, and international operations. Company updates commonly cover system-wide restaurant sales, comparable sales in North America and international markets, restaurant openings, earnings releases, dividend declarations, and refranchising activity.
Recurring announcements also include Papa Johns menu and digital-commerce initiatives, such as new product categories, limited-time promotions, the Papa Rewards and Papa Dough loyalty programs, mobile-app ordering features, and brand collaborations tied to the company’s delivery and carryout business.
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Papa John’s International, Inc. (NASDAQ: PZZA) declared a quarterly dividend of $0.225 per common share, with a payment date of February 19, 2021. Shareholders on record as of February 8, 2021 will receive this dividend, resulting in an annual rate of $0.90 per common share. The declaration reflects the company's commitment to returning value to its shareholders.
Papa John’s has launched the Epic Stuffs Sweepstakes to celebrate the release of its new Epic Stuffed Crust Pizza. Running until February 14, the sweepstakes invites fans to share videos of their best sports moves for a chance to win an exclusive Epic Stuffed Chair valued at $32,500 and a cash prize of $7,500. Weekly prizes include eGift cards and branded sleeping bags. The Epic Stuffed Crust, introduced in December, features hand-stuffed extra cheese in high-quality dough, emphasizing the brand's commitment to quality ingredients.
Papa John’s International, Inc. (NASDAQ: PZZA) has announced a special end-of-year bonus totaling approximately $2.5 million for 14,000 front-line team members in corporate restaurants and supply chain. This follows earlier targeted bonuses and expanded benefits, including health and wellness programs. The company has also hired over 30,000 new employees this year, many displaced by the pandemic. Additionally, Papa John’s donated over 500,000 pizzas and raised over $3.6 million for COVID-19 relief and racial justice initiatives, reflecting its commitment to community support and employee appreciation.
Papa John’s has launched its new Epic Stuffed Crust, which features extra cheese hand-stuffed into their original six-ingredient crust. This new offering will be available exclusively to Papa Rewards members from Dec. 21-27, before a nationwide release on Dec. 28, priced at $12 for a large one-topping pizza with the promo code STUFFED. This marks only the second variation of the original crust in 35 years. The company continues its innovation strategy, having released over six new products this year, including the Papadia and the Shaq-a-Roni Pizza.
MTN DEW and Papa John's are set for an exciting collaboration called 'Power Up, Play On!' featuring a live gaming showdown between NBA's Jamal Murray and gaming icon Dr Disrespect on December 10, 2020, at 8 PM EST. Fans can engage with the event on YouTube and enjoy a special gaming meal bundle priced at $15, which includes two Papadias and two 20 oz MTN DEWs. The event will also showcase a limited-edition MTN DEW x Papa John's game controller. This partnership aims to enhance the gaming experience by merging food and gaming culture.
Papa John’s International, Inc. (NASDAQ: PZZA) announced the relocation of its headquarters to Three Ballpark Center in Atlanta. The new 60,000 square foot space aims to enhance menu innovation and operational efficiency. The company plans to create 200 jobs in Atlanta while maintaining some operations in Louisville, KY. This strategic move is seen as an investment in long-term growth, leveraging Atlanta's diverse talent pool.
Papa John’s International, Inc. (NASDAQ: PZZA) reported a strong performance for Q3 2020, with revenues increasing 17.1% year-over-year to $472.9 million. Comparable sales surged 23.8% in North America and 20.7% internationally. The company achieved earnings per diluted share of $0.35, up from a loss of ($0.10) in the previous year. Cash flow from operations reached $168.5 million for the first nine months of 2020, with a robust free cash flow of $134.0 million. A new $75 million share repurchase program was authorized, highlighting the company's commitment to shareholder value.
Papa John’s International, Inc. (NASDAQ: PZZA) announced a quarterly dividend of $0.225 per common share, set to be paid on November 20, 2020, to shareholders on record by the close of business on November 10, 2020. This dividend translates to an annual yield of $0.90 per share. The announcement reflects the company’s ongoing commitment to returning value to shareholders amidst forward-looking risks and uncertainties discussed in their financial reports.
Papa John's International, Inc. (NASDAQ: PZZA) is set to announce its third quarter 2020 financial results before market opening on November 5, 2020. Following the release, a conference call will be held at 8:00 a.m. ET, accessible via webcast or phone. With over 5,300 locations globally, Papa John's emphasizes quality through its 'Better Ingredients. Better Pizza.' philosophy, using fresh, high-quality ingredients. The company is headquartered in Louisville, KY, and continues to expand its market presence.