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Dining out may have gained popularity during the post-lockdown recovery, but based on recent data, the American public may be losing some of its appetite for fast food, fast casual, and other dining establishments. This leaves restaurant stocks at risk of declining in price.
Papa John's International, Inc. (NASDAQ:PZZA ) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Stacy Frole - VP, IR Ravi Thanawala - Interim Chief Executive Officer & CFO Rob Lynch - President & CEO Conference Call Participants Jim Salera - Stephens Inc. Eric Gonzalez - KeyBanc Sara Senatore - Bank of America Brian Mullan - Piper Sandler Brian Bittner - Oppenheimer\...
Shares of Papa John's International Inc. PZZA tacked on 0.3% in premarket trading, after the pizza chain beat first-quarter profit expectations, to offset a revenue and same-store sales miss. Net income fell to $14.6 million, or 44 cents a share, from $22.4 million, or 65 cents a share, in the same period a year ago.
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) today announced that the Board of Directors has declared a quarterly dividend of $0.46 per common share, payable May 31, 2024, to shareholders of record at the close of business on May 20, 2024. At this quarterly dividend rate, the annual dividend is equivalent to $1.84 per common share. About Papa Johns Papa John'...
ATLANTA--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) today announced the promotion of Kurt Milburn to Chief Supply Chain Officer, succeeding Shane Hutchins, who will retire after 26 years at Papa Johns, where he served as Chief Supply Chain Officer since October 2018. Mr. Hutchins will continue to work with Papa Johns as a consultant on special projects and to ensure a smoot...
ATLANTA--(BUSINESS WIRE)--Papa John's International, Inc. (NASDAQ: PZZA) (“Papa Johns” or “Company”) today announced plans to open 50 new restaurants by 2028 in partnership with franchisee Nadeem Bajwa and his company, The Bajco Group, which has grown over the past 20 years to become one of Papa Johns largest domestic franchisees. Furthering Bajwa's goal to own 500 Papa Johns restaurants, the n...
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