earnings
confidence high
sentiment neutral
materiality 0.70
Papa John's Q4 2022 adj. EPS $0.71, down 5% YoY; full-year adj. EPS $2.94, down 16%
PAPA JOHNS INTERNATIONAL INC
2022-FY EPS reported
$1.89
revenue$2,102,103,000
- Q4 total revenues $526.2M (-0.5% YoY); diluted EPS $0.66 vs $0.67; adjusted diluted EPS $0.71 vs $0.75.
- Full-year 2022 total revenues $2.10B (+1.6%); operating income $109.0M (-35.2%); adjusted operating income $157.5M (-13.2%).
- North America comparable sales +1% in Q4 and full year; International comparable sales -3% Q4, -5% full year.
- Global system-wide sales +2.8% in Q4, +2.9% full year; net unit openings 117 in Q4, 244 full year.
- Free cash flow $39.4M in 2022 vs $109.7M in 2021; Q4 dividend $0.42/share; $125M in share repurchases in 2022.