PZZA - Pizza Restaurant Chain Papa John's Scales Back 2023 Expansion Strategy Mirroring Geopolitical Trends: Here's Details | Benzinga
Papa John's International, Inc (NASDAQ: PZZA) reported a third-quarter FY23 revenue increase of 2.4% Y/Y to $522.8 million, missing the consensus of $530.50 million.
Excluding the impact of purchasing 118 International restaurants in Q2 and Q3, total revenues increased $4.7 million, or 0.9%, compared with the prior period.
Adjusted EPS was $0.53, down from $0.54 in 3Q22, missing the consensus of $0.57.
North America comparable sales were up 3%, while International comparable sales were down 1%.
Papa John's opened 45 ...