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. 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.
Papa John’s announces the return of its popular Double Cheeseburger Pizza, priced at $12, and introduces a new Double Cheeseburger Papadia for $6. These limited-time offerings are available exclusively for Papa Rewards members from October 19 to 25, and to the public from October 26 to December 27. Both items feature seasoned beef, cheese, pickles, and burger sauce, crafted with fresh dough. This launch follows previous product innovations earlier this year, reinforcing Papa John’s commitment to quality ingredients.
Papa John’s announced it raised over $3 million from Shaq-a-Roni pizza sales for The Papa John’s Foundation for Building Community. From June 29 to August 23, $1 from every Shaq-a-Roni sold was donated. Funds support organizations like Boys & Girls Clubs of America, World Central Kitchen, and UNCF. Rob Lynch, the company’s president and CEO, emphasized the importance of giving back during challenging times, aligning with the company's values of equality and respect.
Papa John's International (NASDAQ: PZZA) has appointed Ann Gugino as the new Chief Financial Officer, effective immediately. Gugino, previously with Target Corporation, has over 20 years of financial management experience and will contribute to the company’s strategy for profitable growth and shareholder value. Steve Coke will continue as Vice President, Investor Relations and Strategy. CEO Rob Lynch emphasized Gugino’s proven leadership and experience in the consumer sector, stating that her appointment enhances the company's diverse leadership team crucial for innovation and long-term growth.
Papa John's International (NASDAQ: PZZA) reported preliminary estimated comparable sales growth for September and Q3 2020, showcasing significant performance despite pandemic challenges.
Highlights include:
- Domestic company-owned restaurants saw a 14.3% growth in Q3.
- Franchised restaurants in North America achieved a 25.5% growth.
- International system-wide restaurants recorded a 20.6% growth.
The company continues to operate nearly all North American restaurants, with only a limited number temporarily closed internationally due to COVID-19 restrictions.
Papa John’s has launched the new Shaq-a-Roni pizza in partnership with board member Shaquille O’Neal. This extra-large pizza features extra mozzarella cheese and pepperoni, with a donation of $1 from each sale directed to Boys & Girls Clubs of Canada until August 23, 2020. The initiative aims to support community efforts, including COVID relief and racial injustice. The pizza is made with Papa John’s signature six-ingredient dough. The company is dedicated to community support and continues its partnership with the Boys & Girls Clubs for leadership programs.