earnings
confidence high
sentiment neutral
materiality 0.75
Papa John's Q3 EPS $0.48; North America comps up 2.9%, International down 0.3%
PAPA JOHNS INTERNATIONAL INC
2023-Q3 EPS reported
$1.68
revenue$1,564,391,000
- Total revenues $522.8M (+2.4%); operating income $31.9M (+64%) aided by prior-year legal settlement.
- Diluted EPS $0.48 vs $0.23; adjusted diluted EPS $0.53 vs $0.54.
- Global system-wide sales $1.23B (+5.1% ex-FX); 45 net new units opened in Q3.
- Free cash flow $76M YTD vs $28.1M prior year; quarterly dividend $0.46/sh declared, payable Nov 24.
- Commissary fixed margin to increase from 4% to 8% over four years (2023–2027).