Papa John’s sees FY25 adjusted EBITDA $200M-$220M

Sees FY25 system-wide sales 2%-5%. Sees FY25 North America comparable sales flat to up 2%. Sees FY25 international comparable sales flat to up 2%. Sees FY25 capital expenditures $75M-$85M. Sees FY25 tax rate 28%-32%. “We have defined our strategic priorities to take market share as we move forward with urgency to execute on initiatives to drive sales momentum in the near-term while meaningfully increasing profitability over time,” continued Penegor. “Our number one priority continues to be creating great experiences for our customers and team members in our restaurants – ensuring the restaurant economic model remains strong. We are confident that we have the right plan in place to deliver on our promise to be the best pizza makers in the business.”