PZZA - Papa John's Non-GAAP EPS of $0.74 misses by $0.01 revenue of $522.7M misses by $9M

• Papa John's press release ( NASDAQ: PZZA ): Q2 Non-GAAP EPS of $0.74 misses by $0.01 .
• Revenue of $522.7M (+1.5% Y/Y) misses by $9M .
• Announced 20% increase in annual dividend rate to $1.68 per share; declared third quarter dividend of $0.42 per share.
• Comparable sales increased 0.9% in North America and decreased 8.0% Internationally, lapping prior year gains of 5.2% and 21.2%, respectively.
• Global system-wide restaurant sales were $1.2 billion, a 2.6% increase over the prior year second quarter.
• 47 net unit openings in the second quarter driven by International openings; expected net unit openings in 2022 remain 280 to 320 units.

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