Every 8-K that Papa John's International Inc (PZZA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PZZA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PZZA filings page.
Papa John’s International, Inc. (PZZA) reported that it has completed a strategic refranchising of 28 formerly corporate-owned restaurants in the Orlando area. These locations, previously operated by Papa Johns USA, Inc., are now owned and operated by PZZA Group, LLC and Magic City Pizzerias, LLC, entities led by longtime franchisee Wade Oney.
The refranchising supports Papa Johns’ initiative to partner with proven operators. Oney’s organizations now own more than 120 Papa Johns restaurants after opening 10 new locations in 2025 across Central and South Florida. Papa Johns describes itself as the world’s third-largest pizza delivery company, with approximately 6,000 restaurants in about 50 countries and territories.
Papa John’s International reported second quarter 2026 total revenues of $482.4 million, down 8.8% year over year, with global system-wide restaurant sales of $1.20 billion, a 4.8% decline excluding currency. Comparable sales fell 5.7% overall, as North America comparable sales decreased 8.3% while International comparable sales grew 1.5%. The company opened 50 new restaurants system-wide.
Net income was $8.7 million and diluted EPS was $0.24, compared with $9.7 million and $0.28 a year earlier. Adjusted EBITDA was essentially flat at $52.7 million, and adjusted diluted EPS increased to $0.46 from $0.41. Free cash flow for the first half of 2026 declined to $9.5 million from $36.5 million.
Management highlighted ongoing softness in North America driven by a weaker consumer environment and intense promotions, alongside continued momentum internationally. To fund its transformation strategy, the Board decided to suspend the quarterly dividend beginning with the third quarter of 2026. The company also lowered its 2026 outlook, now guiding global system-wide restaurant sales down 2%–4% and adjusted EBITDA of $180–$190 million, versus prior guidance of $200–$210 million.
Papa John’s International, Inc. announced a planned Chief Financial Officer transition. Ravi Thanawala will resign as CFO and President, North America effective June 30, 2026, to become CFO at another public company, and will remain in an advisory role through July 31, 2026. The company states his resignation is not due to any disagreement regarding operations, policies or practices and that he will not receive severance.
The board appointed Chris Collins, Senior Vice President of Corporate Finance and Principal Accounting Officer, as interim CFO effective June 30, 2026. For the period he serves in this role, his annual base salary increases to $415,000 and his target annual bonus opportunity rises to 75% of base salary. Papa John’s has begun a search for a permanent CFO and reassigned North America operations responsibilities to Marc Richard. The company also plans to release second quarter 2026 results before market open on August 6, 2026, followed by an earnings conference call at 8:00 a.m. ET.
Papa John’s International reported weaker first quarter 2026 results while reaffirming its full-year outlook. Total revenue was $478.6 million, down 7.7% from a year earlier, as softer North America performance and prior refranchising more than offset growth internationally.
Global system-wide restaurant sales were $1.20 billion, down 3% excluding currency, with North America comparable sales down 6.4% and International comparable sales up 3.6%. Net income fell to $6.9 million and diluted EPS declined to $0.21, while adjusted diluted EPS was $0.32. Adjusted EBITDA edged down to $47.8 million.
The company opened 28 new restaurants system-wide in the quarter and ended with 6,020 locations. Free cash flow turned to an outflow of $6.2 million, influenced by lower earnings and higher compensation payments. Management reiterated 2026 guidance, including adjusted EBITDA of $200 million to $210 million and capital expenditures of $70 million to $80 million.
Papa John’s International, Inc. held its annual meeting of stockholders, where 33,765,517 shares were eligible to vote. Stockholders elected all eight director nominees to one‑year terms and ratified Ernst & Young LLP as the independent auditor for 2026.
Investors gave advisory approval to the Company’s executive compensation program. However, proposed amendments to the Certificate of Incorporation to remove supermajority voting provisions and to reduce the special meeting ownership threshold did not receive sufficient support to pass. A separate stockholder proposal from The Accountability Board on the special meeting ownership threshold was also not approved.
Papa John’s International reported weaker results for 2025 while meeting its revised guidance and opening more restaurants. Full-year global system-wide restaurant sales reached $4.92 billion, up 1% excluding currency, but total revenues were flat at $2.1 billion.
Net income fell to $32.1 million from $84.2 million, and diluted EPS dropped to $0.90 from $2.54, largely reflecting prior-year gains on asset sales and higher marketing, depreciation and incentive costs. Adjusted EBITDA declined to $201.1 million from $227.3 million, and adjusted diluted EPS decreased to $1.43 from $2.34.
Fourth-quarter revenue fell 6% to $498.2 million, with North America comparable sales down 5% and international comparable sales up 6%. Despite the profit pressure, free cash flow improved to $61.3 million from $34.1 million, and the company opened 279 new restaurants, ending the year with 6,083 locations. For 2026, it guides adjusted EBITDA of $200–$210 million and expects global system-wide sales to be flat to down low single digits.
Papa John’s International, Inc. disclosed the timing of its next stockholder meeting. The company set its 2026 Annual Meeting of Stockholders for April 30, 2026. This is a routine corporate governance update informing investors and stockholders of the formal date for the annual meeting.
Papa John’s International, Inc. (PZZA) filed a current report to share a press release under Regulation FD. The company announced it has refranchised the restaurants previously owned and operated by Colonel’s Limited, LLC, which is a joint venture between Papa John’s and Steeplechase Express, Inc. This means those company‑joint‑venture restaurants are now being operated by franchisees instead of the joint venture itself. The press release with more detail is furnished as Exhibit 99.1 and is not incorporated into the company’s registration statements or other Exchange Act filings unless specifically referenced.
Papa John’s International (PZZA) announced leadership changes in its senior team. Ravi Thanawala, previously Chief Financial Officer and Executive Vice President, International, has been promoted to Chief Financial Officer and President, North America, effective November 18, 2025. He will remain the company’s principal financial officer while also overseeing North American restaurant operations and development strategies.
In connection with his promotion, Mr. Thanawala’s annual base salary increases to $700,000 from $675,000, and his annual cash incentive target rises to 100% of base salary from 75%. The company also reported that Joe Sieve departed his role as Chief Restaurant and Global Development Officer effective November 17, 2025, with eligibility for severance benefits under existing company plans, subject to a release of claims and ongoing confidentiality and non-competition obligations.
Papa John’s International (PZZA) reported that it issued a press release announcing its third quarter 2025 financial results. The notice was furnished under Item 2.02, Results of Operations and Financial Condition.
The press release is included as Exhibit 99.1, and the cover page interactive data is provided as Exhibit 104. The filing was signed by Ravi Thanawala, Chief Financial Officer & EVP, International, on November 6, 2025.