---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-026986"
form_type: "8-K"
ticker: "PZZA"
cik: "0000901491"
company_name: "PAPA JOHNS INTERNATIONAL INC"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T10:39:47.496024+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Papa John's Q2 EPS $0.54 vs $0.70 YoY; dividend raised 10%

## Summary
- Revenue $514.5M, down 1.6% YoY; global system sales $1.22B, up 2% ex-FX.
- North America comps -1.4% (company-owned +2.2%, franchised -2.3%).
- Adjusted diluted EPS $0.59 vs $0.74; net income $17.8M vs $25.4M.
- Completed purchase of 91 UK franchised restaurants; net new units +47.
- Board declares $0.46 quarterly dividend, up 10% to $1.84 annual rate.

## SEC filing metadata
- accession: 0001628280-23-026986
- form_type: 8-K
- ticker: PZZA
- cik: 0000901491
- company_name: PAPA JOHNS INTERNATIONAL INC
- filed_at: 2023-08-03T23:59:59+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/901491/000162828023026986/0001628280-23-026986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/901491/000162828023026986/pzza-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-026986
- JSON: https://secwatch.observer/filing/0001628280-23-026986.json
- Plain text: https://secwatch.observer/filing/0001628280-23-026986.txt

## Key facts
- Earnings Releases
  PAPA JOHNS INTERNATIONAL INC reported second quarter ended June 25, 2023 results: revenue $515 million, EPS $0.54.
  - Period: second quarter ended June 25, 2023
  - Revenue: $515 million
  - EPS: $0.54
  - Result: reported results
  source text: to achieve 270 to 310 net new units in 2023. • Global system-wide restaurant sales were $1.22 billion, a 2% (a) increase from the prior year second quarter. • Total revenues of $515 million were down 2% from the second quarter a year ago driven by lower revenues in our North American commissary segment due to commodity price declines. • Diluted earnings per common
  evidence_url: https://www.sec.gov/Archives/edgar/data/901491/000162828023026986/0001628280-23-026986-index.htm

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