Papa Johns oznámil, že KM Capital se stává novým franšízovým partnerem v Mexiku a převezme vedení 44 stávajících restaurací. Partnerství má podpořit další růst značky na tomto prioritním trhu.
Papa Johns today announced that KM Capital has joined the Papa Johns brand as the new franchise partner in Mexico. KM Capital will assume leadership of 44 existing franchised restaurants across the country, bringing a renewed focus on commercial growth, operational excellence, innovation and delivering on the brand’s Better Ingredients. Better Pizza. Promise.
Mexico is a priority growth market for Papa Johns International and an important part of the company's long-term expansion strategy. As the world's third-largest pizza market and one of the largest consumer markets in Latin America, Mexico offers compelling opportunities for growth. Through its partnership with KM Capital, Papa Johns will expand its presence across the country through continued investment in restaurant operations, brand development and future restaurant growth.
"Mexico is an important market for Papa Johns, and KM Capital brings the local expertise, commercial discipline and strategic growth mindset needed to support the brand's next phase," said John Matter, Global Chief Development Officer at Papa Johns. "Together, we are focused on enhancing the customer experience, growing our presence in the market and building a stronger Papa Johns brand for consumers across Mexico."
KM Capital's executive leadership team recently met with Papa Johns executives to align on growth plans, market priorities and long-term development opportunities for Mexico.
“We are proud to join the Papa Johns system and excited by the opportunity to build on the brand's strong foundation in Mexico,” said Enrique Ruiz Mandujano, Founding Partner and CEO of KM Capital. “Mexicans have a strong passion for pizza, and we see an opportunity to grow the Papa Johns brand by delivering great pizzas and expanding our reach to serve more communities across the country.”
Papa Johns Mexico will continue to bring consumers a combination of global favorites and locally relevant menu innovations. Every pizza is crafted using Papa Johns signature fresh dough made from six simple ingredients, tomato sauce made from real tomatoes and not from concentrate, and premium toppings, reflecting the brand's commitment to quality and craftsmanship.
The partnership reinforces Papa Johns international growth strategy and its mission to bring premium-quality pizza experiences to customers in every market it enters.
About Papa Johns
Papa John’s International, Inc. (Nasdaq: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.® Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world’s third-largest pizza delivery company with approximately 6,000 restaurants in approximately 50 countries and territories. For more information about the Company or to order pizza online, visit www.papajohns.com or download the Papa Johns mobile app for iOS or Android.
About KM Capital
KM Capital is a Mexico-based private investment and advisory firm focused on building long-term value through strategic investment, operational improvement, and financial discipline. The firm works alongside entrepreneurs, boards of directors, and management teams to support business growth and transformation. For more information, visit www.kmcapital.com.mx.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260824912589/en/
Papa John's oznámil za 2. čtvrtletí výnosy 482,4 mil. USD, meziročně o 8,8 % méně, a globální srovnatelné tržby klesly o 5,7 %. Akcie PZZA po výsledcích spadly zhruba o 17 %.
Papa John's Q2 2026 revenue came in at $482.4 million versus $529.2 million a year earlier, global comparable sales fell 5.7%, and PZZA shares declined following the operating update. Levi & Korsinsky is investigating potential securities law violations.
, /PRNewswire/ -- Papa John's International (NASDAQ: PZZA) shareholders absorbed losses after the Company's Q2 2026 operating update, which reported revenue of $482.4 million -- down 8.8% year over year from $529.2 million -- and a 5.7% decline in global comparable sales. If you lost money on PZZA, you are encouraged to submit your investor information here. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
The reported quarter reflected a wide split between the headline earnings line and the underlying business. Adjusted EPS of $0.46 came in one cent above the $0.45 consensus estimate. In the same update, North American comparable sales declined 8.3%, and the Company reduced full-year adjusted EBITDA guidance to $180-$190 million from $200-$210 million. Papa John's also suspended its quarterly dividend.
Analyst commentary following the update tied the market reaction to the reduced full-year outlook and the dividend suspension as key drivers of the market reaction, rather than to the adjusted EPS result itself. Levi & Korsinsky is investigating potential securities law violations on behalf of PZZA investors.
Investors who purchased Papa John's shares and suffered losses are encouraged to have their losses evaluated at no cost, or call (212) 363-7500.
ABOUT THE FIRM -- For over two decades, Levi & Korsinsky has represented shareholders in securities class actions. Ranked in ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the PZZA Investigation
Q: How much did PZZA stock drop?Shares fell approximately 17% after Papa John's disclosed Q2 2026 results showing revenue of $482.4 million, down 8.8% year over year, an 8.3% decline in North American comparable sales, reduced full-year adjusted EBITDA guidance, and the suspension of its quarterly dividend.
Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Papa John's made materially false or misleading statements regarding North American comparable-sales performance, its full-year adjusted EBITDA outlook, and the sustainability of its quarterly dividend.
Q: Who is eligible to participate in the PZZA investigation?A: Investors who purchased PZZA stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do PZZA investors need to do right now?A: Gather brokerage records showing purchase dates, share quantities, and prices paid, then contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500.
Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my PZZA shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PZZA and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate?A: There is no upfront cost. Securities investigations and any resulting recovery efforts are generally handled on a contingency basis -- no retainer and no out-of-pocket costs.
Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
Papa John's ve 2Q 2026 zvýšil upravené zředěné EPS na 0,46 USD nad odhad 0,45 USD, ale tržby meziročně klesly o 8,8 % na 482,4 milionu USD a firma snížila výhled.
Papa John's reported adjusted Papa John's reported adjusted diluted EPS of $0.46 for Q2 2026, narrowly exceeding the $0.45 consensus estimate, while revenue declined 8.8% year over year to $482.4 million, and Levi & Korsinsky is investigating potential securities law violations.
, /PRNewswire/ -- The adjusted number beat, but the underlying results deteriorated. Papa John's International (NASDAQ: PZZA) reported adjusted diluted EPS of $0.46 for Q2 2026, exceeding the $0.45 consensus estimate, while revenue declined 8.8% year over year to $482.4 million from $529.2 million -- and shares fell after the Company suspended its quarterly dividend and cut its outlook amid continued operating pressures.. If you lost money on PZZA, click here to submit your information. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
The two sets of figures diverged across the board. Global comparable sales declined 5.7%. North American comparable sales declined 8.3%. Full-year adjusted EBITDA guidance was reduced to $180-$190 million from $200-$210 million -- a $20 million reduction at the midpoint, and suspended its quarterly dividend.
Levi & Korsinsky is investigating potential securities law violations concerning Papa John's International.
Shareholders who suffered losses on Papa John's stock are encouraged to have their losses reviewed now, or call (212) 363-7500.
Levi & Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.
Frequently Asked Questions About the PZZA Investigation
Q: How much did PZZA stock drop? Shares fell approximately 17% after Papa John's disclosed Q2 2026 results showing revenue of $482.4 million, down 8.8% year over year, an 8.3% decline in North American comparable sales, reduced full-year adjusted EBITDA guidance, and the suspension of its quarterly dividend.
Q: Who is eligible to participate in the PZZA investigation? A: Investors who purchased PZZA stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: Who is conducting the PZZA investigation? A: Levi & Korsinsky, LLP is investigating potential securities claims on behalf of investors who purchased PZZA securities. The firm is nationally recognized and has recovered hundreds of millions of dollars for aggrieved investors.
Q: What do PZZA investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500.
Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my PZZA shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PZZA and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate? A: There is no upfront cost. Securities investigations and any resulting actions are generally handled on a contingency basis -- no retainer and no out-of-pocket costs.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions.
CONTACT:\
Levi & Korsinsky, LLP\
Joseph E. Levi, Esq.\
Ed Korsinsky, Esq.\
33 Whitehall Street, 27th Floor\
New York, NY 10004\
[email protected] \
Tel: (212) 363-7500\
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
Papa John's klesl po zveřejnění výsledků o 17,85 %, i když ve 2. čtvrtletí překonal odhady zisku i tržeb. Investory zklamalo, že firma zůstane nezávislá a od příštího čtvrtletí pozastaví dividendu.
Pizza chain Papa John's (PZZA -17.85%) stock crashed 15.9% through 1:25 p.m. ET Thursday despite beating analyst forecasts for Q2 earnings this morning.
Analysts had expected Papa John's to earn $0.44 per share on $482 million in sales, numbers the company edged out when it reported $0.46 per share in profit and $482.4 million in sales.
So why are investors disappointed today?
Image source: Getty Images.
Papa John's Q2 earnings: by the numbers Sales beat expectations, but nonetheless declined 5% year over year, with same-store sales down closer to 6%. (A net of 41 new restaurant openings in the quarter explained the difference.)
Earnings were even worse. Although Papa John's beat expectations here, too, the "$0.46" profit noted above was only a pro forma figure. Earnings calculated under generally accepted accounting principles (GAAP) were barely half that -- $0.24 per share -- and down 14% from last year's Q2.
Accentuating the positive, Papa John's emphasized its 1.5% increase in same-store sales for its international business (which makes the 9% decline in comps among North American restaurants look even worse).
Today's Change
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What's next for Papa John's stock? None of the above is what really upset investors, however. Knowing that Papa John's has been a buyout candidate for Qatari-backed Irth Capital Management, investors were hoping for a quick payout and a nice premium should Papa John's accept the Qatari offer. Today, management dashed that hope, confirming that Papa John's has decided to remain independent and try to turn its business around on its own.
"While our transformation is taking longer than anticipated," explained CEO Todd Penegor, "we continue to execute our strategy with discipline and focus and are seeing encouraging progress." Unfortunately, to pay for that progress, Papa John's is also suspending its dividend effective next quarter.
Cue sell-off.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Papa John's (PZZA - Free Report) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +6.98%. A quarter ago, it was expected that this pizza chain would post earnings of $0.4 per share when it actually produced earnings of $0.32, delivering a surprise of -20%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Papa John's, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $482.4 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.02%. This compares to year-ago revenues of $529.17 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Papa John's shares have lost about 22.7% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Papa John's?While Papa John's has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Papa John's was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.28 on $475.69 million in revenues for the coming quarter and $1.47 on $1.91 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Restaurants is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Aramark (ARMK - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 11.
This provider of food, facilities and uniform services is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of +20%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Aramark's revenues are expected to be $4.95 billion, up 6.9% from the year-ago quarter.
Bank of America snížila hodnocení Papa John's na Underperform z Neutral a zredukovala cílovou cenu na 34 USD kvůli odchodu CFO, trvalému tlaku konkurence a méně optimistickému výhledu růstu tržeb v porovnatelných prodejnách.
Papa John's International Inc (NASDAQ:PZZA) was downgraded to 'Underperform' from 'Neutral' by Bank of America, with analysts citing the company's chief financial officer's departure, persistent competitive pressures and a less optimistic outlook for same-store sales growth (SSSG).
The brokerage lowered its price objective to $34 from $42, in line with current levels, and reduced its earnings forecasts, writing that former CFO Ravi Thanawala's departure "suggests rapid SSSG turn unlikely."
"While former CFO Ravi Thanawala's departure for AEO will allow him to return to his previous industry, we think it's unlikely he would have left his post after less than three years if he believed a sharp turnaround were imminent," the analysts wrote.
"In addition, the disruption that comes with management turnover - particularly at a time when Papa John's is trying to execute a turnaround - may translate into less earnings predictability."
Bank of America also pointed to heightened competition in the pizza segment, arguing that larger operators continue to benefit from greater scale.
The analysts noted that Papa John's reported negative first-quarter 2026 same-store sales growth despite easier year-over-year comparisons, while Domino's Pizza outperformed. They said Domino's larger domestic system sales base provides lower costs and stronger unit economics, supporting investments in customer experience and value.
The firm estimates Domino's average co-op restaurant EBITDA at about $200,000 compared with approximately $140,000 for Papa John's, adding that the difference in franchisee cash flow is likely proportionate.
Bank of America lowered its second quarter North American same-store sales growth forecast to negative 6.7% from negative 6.4%, while reducing its international same-store sales growth estimate to 2.5% from 3.5%. Its adjusted EBITDA forecast was cut to $199 million from $204 million, compared with the company's full-year guidance range of $200 million to $210 million.
The analysts believe that competitive intensity increased further during the second quarter and that high-frequency data indicated Papa John's sales growth remained largely unchanged despite the launch of a Toy Story 5 promotional tie-in in late May.
Explaining the valuation change, Bank of America wrote that it lowered its price objective by applying a lower earnings multiple, while noting valuation multiples across the limited-service restaurant sector have compressed.
The analysts added that the recent sale of Yum Brands' Pizza Hut business also suggests limited upside for Papa John's valuation, concluding they see more near-term upside opportunities elsewhere.
Participants on the call will include Todd Penegor, President and Chief Executive Officer, Chris Collins, interim Chief Financial Officer, SVP, Corporate Finance and Principal Accounting Officer, and Heather Hollander, SVP Strategy, Investor Relations, and Financial Planning and Analysis.
To listen to the webcast, participants should register online at https://ir.papajohns.com/news-events/ir-calendar. Participants are requested to register a day in advance or at least a minimum 15 minutes before the start of the call. A replay of the webcast will be available approximately two hours after the call and archived on the same web page.
About Papa Johns
Papa John’s International, Inc. (Nasdaq: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.® Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world’s third-largest pizza delivery company with more than 6,000 restaurants in approximately 50 countries and territories. For more information about the company or to order pizza online, visit www.PapaJohns.com or download the Papa Johns mobile app for iOS or Android.
Chris Collins, SVP, Corporate Finance and Principal Accounting Officer, Appointed Interim CFO
LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John’s International, Inc. (Nasdaq: PZZA) (“Papa Johns”) (the “Company”) today announced that Chris Collins, Senior Vice President of Corporate Finance and Principal Accounting Officer, has been appointed to the additional position of interim Chief Financial Officer, effective immediately. Collins succeeds Ravi Thanawala, who is leaving Papa Johns to assume a chief financial officer position at another public company. Thanawala will be available to Papa Johns in an advisory capacity until July 31, 2026, to support a smooth transition. Papa Johns has commenced a search for a permanent Chief Financial Officer.
Collins is a seasoned finance professional with more than 30 years of experience leading finance functions at public companies in the United States and internationally. He joined Papa Johns as Vice President, Treasury and Tax in April 2021 and previously served as the Company’s interim Chief Financial Officer and Principal Accounting Officer from March 2023 until July 2023. From July 2023 to July 2025, Collins served as Vice President of Finance - Treasury, Tax, and International Business Segment. He was appointed Senior Vice President of Corporate Finance and Principal Accounting Officer in July 2025. Prior to joining Papa Johns, Collins served as the Vice President, Treasury at Signet Jewelers from 2019 until 2020. Prior to 2019, he held several financial leadership roles with The Goodyear Tire & Rubber Company in the United States and Europe, and with American Axle & Manufacturing.
“Chris is a proven finance leader with deep knowledge of the Company and the opportunities we are pursuing to maximize shareholder value and position Papa Johns for its greatest success as the best pizza makers in the business,” said Todd Penegor, President and Chief Executive Officer of Papa Johns. “I am confident that Chris’s support in this interim role along with our talented team will enable continued execution on our transformation priorities.”
“I look forward to working closely with Todd and the Papa Johns Executive Leadership Team to further drive operating efficiencies, optimize the Company’s fleet and strengthen the Papa Johns brand,” said Chris Collins.
Penegor continued, “On behalf of the Papa Johns team, I want to thank Ravi for his leadership and contributions to the Company. He has been a valued colleague, and we wish him all the best in his next chapter.”
In connection with Thanawala’s departure, Marc Richard, Senior Vice President of North America Operations, has assumed responsibility for all North America operations, including those previously overseen by Thanawala in his role as President.
Separately, Papa Johns will release its second quarter financial results before the market opens on Thursday, August 6, 2026, with a conference call to follow at 8:00 a.m. ET.
Participants on the call will include Todd Penegor, President and Chief Executive Officer, Chris Collins, interim Chief Financial Officer, Senior Vice President of Corporate Finance and Principal Accounting Officer, and Heather Hollander, SVP Strategy, Investor Relations, and Financial Planning and Analysis.
To listen to the webcast, participants should register online at https://ir.papajohns.com/news-events/ir-calendar. Participants are requested to register a day in advance or at least a minimum 15 minutes before the start of the call. A replay of the webcast will be available approximately two hours after the call and archived on the same web page.
About Papa Johns
Papa John’s International, Inc. (Nasdaq: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.® Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world’s third-largest pizza delivery company with more than 6,000 restaurants in approximately 50 countries and territories. For more information about the Company or to order pizza online, visit www.papajohns.com or download the Papa Johns mobile app for iOS or Android.
Forward-Looking Statements
Certain matters discussed in this press release and other Company communications that are not statements of historical fact constitute forward-looking statements within the meaning of the federal securities laws. Generally, the use of words such as “expect,” “intend,” “estimate,” “believe,” “anticipate,” “will,” “forecast,” “outlook”, “plan,” “project,” or similar words identify forward-looking statements that we intend to be included within the safe harbor protections provided by the federal securities laws. Such forward-looking statements include or may relate to business and operational performance, profit margins, net unit growth, unit level performance, capital expenditures, restaurant and franchise development, franchisee relations, International business initiatives, executive leadership changes, the effectiveness of our transformation strategy and other business initiatives, investments in technology and other opportunities, marketing efforts and investments, liquidity, operating efficiencies and the results of our strategic decisions and actions. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements.
Our forward-looking statements are based on our assumptions which are based on currently available information. Actual outcomes and results may differ materially from those matters expressed or implied in our forward-looking statements as a result of various factors, including the risks, uncertainties and assumptions discussed in detail in “Part I. Item 1A. – Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 28, 2025. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.
