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An update from Papa John’s International ( (PZZA) ) is now available.
Papa John’s International announced its preliminary financial results for the fourth quarter and full year of 2024. Despite a decrease in North American comparable sales, the company achieved a significant milestone by opening its 6,000th restaurant, indicating strong brand confidence and growth potential. Global system-wide sales saw an approximate 8% decrease in the fourth quarter due to an extra operational week in 2023, while North American sales declined by 4%. International comparable sales rose by 2%, and the company added 122 net new restaurants during the quarter, highlighting its expansion efforts.
More about Papa John’s International
Papa John’s International, Inc. is a leading pizza delivery company known for its commitment to high-quality ingredients and superior pizzas. Founded in 1984, the company is headquartered in Atlanta, Georgia, and Louisville, Kentucky, and operates over 6,000 restaurants in approximately 50 countries and territories worldwide.
YTD Price Performance: -14.95%
Average Trading Volume: 1,121,846
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.2B
For an in-depth examination of PZZA stock, go to TipRanks’ Stock Analysis page.
