Categories Consumer, Earnings

Papa John’s (NASDAQ: PZZA): Q4 2019 Earnings Snapshot

— Papa John’s International (NASDAQ: PZZA) reported its fourth-quarter 2019 adjusted earnings of $0.37 per share versus $0.32 per share expected.

— Total revenue grew by 5% to $417.51 million versus $405.31 million expected. Excluding the impact of refranchising 46 domestic restaurants and a quality control center in Mexico in 2019, revenues increased by 8%.

pizza
Image for representation. Courtesy: Ivan Torres on Unsplash

— The global restaurant sales increased by 4.4% after a decline of 13% in the previous year quarter. Excluding the impact of foreign currency, global restaurant sales rose by 4.7%.

— The comparable sales in domestic company-owned restaurants increased by 4.1% and that in North America franchised restaurants rose by 3.3%. The system-wide North America comparable sales grew by 3.5% and international same-store sales rose by 2.4%.

— As of December 29, 2019, there were 5,395 Papa John’s restaurants operating in 49 countries and territories.

— Looking ahead into the full year 2020, the company expects adjusted EPS of $1.35-1.55 and GAAP EPS of $0.60-0.90. The consensus estimates EPS of $1.53.

— North America’s comparable sales are expected to be 2.5-5% for the full year and International comparable sales are predicted to be 1.5-4%. The company sees net global new unit growth of 100 to 140 net units.

— The company anticipates capital expenditures in the range of $40-50 million for the full year 2020.

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips.

Most Popular

General Mills (GIS) Q4 Earnings: Key financials and quarterly highlights

General Mills Inc. (NYSE: GIS) reported fourth quarter 2022 earnings results today. Net sales increased 8% year-over-year to $4.9 billion. Organic net sales rose 13%. Net earnings attributable to General

KB Home (KBH): A look at the homebuilder’s expectations for the year

Shares of KB Home (NYSE: KBH) have dropped 35% year-to-date and 28% over the past 12 months. Last week, the company reported second quarter 2022 earnings results that surpassed expectations

Trade Desk’s stock can strengthen your investment portfolio. Here’s why

Trade Desk, Inc. (NASDAQ: TTD) has remained a much sought-after demand-side platform despite challenging market conditions and growing inflationary pressure, but its stock suffered heavy selling in recent months. The

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top