---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-000759"
form_type: "8-K"
ticker: "PZZA"
cik: "0000901491"
company_name: "PAPA JOHNS INTERNATIONAL INC"
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:48:19.642894+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Papa John's prelim FY2023 sales ~$5B (+5%); NA comps +1%, int'l -4%; launches Back to Better 2.0

## Summary
- Preliminary global system-wide sales ~$5.0B (+5% YoY); Q4 ~$1.3B (+12% YoY, +3% ex-53rd week).
- North America comps +2% in Q4, +1% for FY; int'l comps -6% in Q4, -4% for FY.
- Net openings 210 units (57 NA, 153 int'l); lower than expected due to closures and delays.
- Franchisees voted to increase National Marketing Fund contribution by 20% (100 bps of sales).
- Commissary margin to rise from 4% to 8% over 4 years; new development incentive program launched.

## SEC filing metadata
- accession: 0001628280-24-000759
- form_type: 8-K
- ticker: PZZA
- cik: 0000901491
- company_name: PAPA JOHNS INTERNATIONAL INC
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/901491/000162828024000759/0001628280-24-000759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/901491/000162828024000759/pzza-20240108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-000759
- JSON: https://secwatch.observer/filing/0001628280-24-000759.json
- Plain text: https://secwatch.observer/filing/0001628280-24-000759.txt

## Key facts
- Earnings Releases
  PAPA JOHNS INTERNATIONAL INC reported preliminary financial results for the fourth quarter and the full year ended December 31, 2023.
  - Period: the fourth quarter and the full year ended December 31, 2023
  - Result: preliminary results
  source text: The Company also reported preliminary sales and unit development information for the fourth quarter and the full year ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/901491/000162828024000759/0001628280-24-000759-index.htm
- Earnings Releases
  PAPA JOHNS INTERNATIONAL INC reported preliminary financial results for fiscal year 2023.
  - Period: fiscal year 2023
  - Result: preliminary results
  source text: Papa Johns Announces Back to Better 2.0 Ahead of 26 th Annual ICR Conference, and Provides Preliminary 2023 Sales and Unit Development
  evidence_url: https://www.sec.gov/Archives/edgar/data/901491/000162828024000759/0001628280-24-000759-index.htm

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