---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-004679"
form_type: "8-K"
ticker: "PZZA"
cik: "0000901491"
company_name: "PAPA JOHNS INTERNATIONAL INC"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:49:27.155752+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Papa John's Q4 2022 adj. EPS $0.71, down 5% YoY; full-year adj. EPS $2.94, down 16%

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-23-004679
- form_type: 8-K
- ticker: PZZA
- cik: 0000901491
- company_name: PAPA JOHNS INTERNATIONAL INC
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/901491/000162828023004679/0001628280-23-004679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/901491/000162828023004679/pzza-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-004679
- JSON: https://secwatch.observer/filing/0001628280-23-004679.json
- Plain text: https://secwatch.observer/filing/0001628280-23-004679.txt

## Key facts
- Earnings Releases
  PAPA JOHNS INTERNATIONAL INC reported fourth quarter and year ended December 25, 2022 results: revenue $526 million, EPS $0.66.
  - Period: fourth quarter and year ended December 25, 2022
  - Revenue: $526 million
  - EPS: $0.66
  - Result: reported results
  source text: in the fourth quarter largely within international markets. • Global system-wide restaurant sales were $1.20 billion, a 3% (a) increase over the prior year. • Total revenues of $526 million were down $3 million, or less than 1%, from a record fourth quarter 2021. Revenues increased 3% excluding the impact of refranchising 90 restaurants in the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/901491/000162828023004679/0001628280-23-004679-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.