When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PZZA - Papa John's: Looking To Grow Margins In Commissaries
Papa John's International Inc.
2024-01-25 07:42:58 ET
Summary
Papa John's plans to double commissary margins over the next 4 years, which will have a positive impact on operating income growth.
The company has been successful in keeping prices competitive and experiencing decent growth, but adjusted operating income remains flattish and sales too.
Despite the commissary margin increases and the meaningful impact they will have on operating profit growth, the current valuation is already quite steep.